Market reports / March 2017
Dubai property market - March 2017
- 4,409
- Registered sales
- AED 7.7 مليار
- Total value
- AED 1.5 مليون
- Median price
- AED 1,121
- Median per ft²
- 25,596
- Rent contracts
- AED 108.4 ألف
- Median annual rent
Dubai recorded 4,409 residential sales in March 2017, worth AED 7.7 مليار in total - +13.3% versus the previous month and +82.9% versus a year earlier.
The median sale price was AED 1.5 مليون, at a median of AED 1,121 per ft² (-5.2% month-on-month, +5.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 25,596 contracts were registered in March 2017, with a median annual rent of AED 108.4 ألف.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.