Market reports / July 2005
Dubai property market - July 2005
- 83
- Registered sales
- AED 224,3 Mio.
- Total value
- AED 2,8 Mio.
- Median price
- AED 301
- Median per ft²
- 1
- Rent contracts
- AED 410.000
- Median annual rent
Dubai recorded 83 residential sales in July 2005, worth AED 224,3 Mio. in total - -6.7% versus the previous month and -27.2% versus a year earlier.
The median sale price was AED 2,8 Mio., at a median of AED 301 per ft² (+18.0% month-on-month, +62.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 1 contracts were registered in July 2005, with a median annual rent of AED 410.000.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.