Market reports / April 2005
Dubai property market - April 2005
- 113
- Registered sales
- AED 286,6 Mio.
- Total value
- AED 2,1 Mio.
- Median price
- AED 224
- Median per ft²
- 1
- Rent contracts
- AED 45.000
- Median annual rent
Dubai recorded 113 residential sales in April 2005, worth AED 286,6 Mio. in total - -21.0% versus the previous month and -28.0% versus a year earlier.
The median sale price was AED 2,1 Mio., at a median of AED 224 per ft² (+11.4% month-on-month, +59.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 1 contracts were registered in April 2005, with a median annual rent of AED 45.000.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.