Market reports / March 2010
Dubai property market - March 2010
- 7.395
- Registered sales
- AED 12 Mrd.
- Total value
- AED 1,2 Mio.
- Median price
- AED 1.073
- Median per ft²
- 406
- Rent contracts
- AED 67.908,6
- Median annual rent
Dubai recorded 7.395 residential sales in March 2010, worth AED 12 Mrd. in total - +130.9% versus the previous month and +89.7% versus a year earlier.
The median sale price was AED 1,2 Mio., at a median of AED 1.073 per ft² (+22.7% month-on-month, +30.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 406 contracts were registered in March 2010, with a median annual rent of AED 67.908,6.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.