Market reports / December 2009
Dubai property market - December 2009
- 2.960
- Registered sales
- AED 4,5 Mrd.
- Total value
- AED 1,4 Mio.
- Median price
- AED 935
- Median per ft²
- 2
- Rent contracts
- AED 37.410,5
- Median annual rent
Dubai recorded 2.960 residential sales in December 2009, worth AED 4,5 Mrd. in total - -4.1% versus the previous month and +56.4% versus a year earlier.
The median sale price was AED 1,4 Mio., at a median of AED 935 per ft² (+13.6% month-on-month, +34.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 2 contracts were registered in December 2009, with a median annual rent of AED 37.410,5.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.