Market reports / September 2016
Dubai property market - September 2016
- 2,077
- Registered sales
- AED 3.4 مليار
- Total value
- AED 1.5 مليون
- Median price
- AED 1,088
- Median per ft²
- 24,581
- Rent contracts
- AED 89.9 ألف
- Median annual rent
Dubai recorded 2,077 residential sales in September 2016, worth AED 3.4 مليار in total - -44.1% versus the previous month and -36.6% versus a year earlier.
The median sale price was AED 1.5 مليون, at a median of AED 1,088 per ft² (-13.9% month-on-month, -0.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 24,581 contracts were registered in September 2016, with a median annual rent of AED 89.9 ألف.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.