Market reports / April 2006

Dubai property market - April 2006

91
Registered sales
AED 319,7 Mio.
Total value
AED 3 Mio.
Median price
AED 317
Median per ft²
1
Rent contracts
AED 10.000
Median annual rent

Dubai recorded 91 residential sales in April 2006, worth AED 319,7 Mio. in total - -14.2% versus the previous month and -19.5% versus a year earlier.

The median sale price was AED 3 Mio., at a median of AED 317 per ft² (+21.4% month-on-month, +41.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 1 contracts were registered in April 2006, with a median annual rent of AED 10.000.

For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.