Market reports / February 2017
Dubai property market - February 2017
- 3,890
- Registered sales
- AED 7.1 مليار
- Total value
- AED 1.7 مليون
- Median price
- AED 1,181
- Median per ft²
- 23,603
- Rent contracts
- AED 87.9 ألف
- Median annual rent
Dubai recorded 3,890 residential sales in February 2017, worth AED 7.1 مليار in total - +1.4% versus the previous month and -8.3% versus a year earlier.
The median sale price was AED 1.7 مليون, at a median of AED 1,181 per ft² (+2.8% month-on-month, +2.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 23,603 contracts were registered in February 2017, with a median annual rent of AED 87.9 ألف.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.