Market reports / January 2017
Dubai property market - January 2017
- 3,837
- Registered sales
- AED 6.3 مليار
- Total value
- AED 1.5 مليون
- Median price
- AED 1,149
- Median per ft²
- 40,655
- Rent contracts
- AED 98.1 ألف
- Median annual rent
Dubai recorded 3,837 residential sales in January 2017, worth AED 6.3 مليار in total - +39.0% versus the previous month and +47.2% versus a year earlier.
The median sale price was AED 1.5 مليون, at a median of AED 1,149 per ft² (+1.9% month-on-month, -0.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 40,655 contracts were registered in January 2017, with a median annual rent of AED 98.1 ألف.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.