Market reports / October 2008

Dubai property market - October 2008

1.643
Registered sales
AED 3 Mrd.
Total value
AED 1,4 Mio.
Median price
AED 635
Median per ft²

Dubai recorded 1.643 residential sales in October 2008, worth AED 3 Mrd. in total - +8.3% versus the previous month and +36.6% versus a year earlier.

The median sale price was AED 1,4 Mio., at a median of AED 635 per ft² (-10.9% month-on-month, +38.1% 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.