Market reports / September 2009
Dubai property market - September 2009
- 3.090
- Registered sales
- AED 3,6 Mrd.
- Total value
- AED 1,1 Mio.
- Median price
- AED 820
- Median per ft²
- 2
- Rent contracts
- AED 96.500
- Median annual rent
Dubai recorded 3.090 residential sales in September 2009, worth AED 3,6 Mrd. in total - -51.7% versus the previous month and +103.7% versus a year earlier.
The median sale price was AED 1,1 Mio., at a median of AED 820 per ft² (-17.9% month-on-month, +15.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 2 contracts were registered in September 2009, with a median annual rent of AED 96.500.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.