Market reports / January 2010
Dubai property market - January 2010
- 1.646
- Registered sales
- AED 2,9 Mrd.
- Total value
- AED 1,4 Mio.
- Median price
- AED 982
- Median per ft²
- 2
- Rent contracts
- AED 119.355,5
- Median annual rent
Dubai recorded 1.646 residential sales in January 2010, worth AED 2,9 Mrd. in total - -44.4% versus the previous month and -60.6% versus a year earlier.
The median sale price was AED 1,4 Mio., at a median of AED 982 per ft² (+5.0% month-on-month, +58.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 2 contracts were registered in January 2010, with a median annual rent of AED 119.355,5.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.