Market reports / August 2008
Dubai property market - August 2008
- 1.961
- Registered sales
- AED 3,5 Mrd.
- Total value
- AED 1,5 Mio.
- Median price
- AED 778
- Median per ft²
Dubai recorded 1.961 residential sales in August 2008, worth AED 3,5 Mrd. in total - +2.5% versus the previous month and +203.6% versus a year earlier.
The median sale price was AED 1,5 Mio., at a median of AED 778 per ft² (+12.1% month-on-month, +126.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.