Market reports / April 2010
Dubai property market - April 2010
- 2.829
- Registered sales
- AED 4,7 Mrd.
- Total value
- AED 1 Mio.
- Median price
- AED 837
- Median per ft²
- 362
- Rent contracts
- AED 63.715,2
- Median annual rent
Dubai recorded 2.829 residential sales in April 2010, worth AED 4,7 Mrd. in total - -61.7% versus the previous month and -66.2% versus a year earlier.
The median sale price was AED 1 Mio., at a median of AED 837 per ft² (-22.0% month-on-month, -19.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 362 contracts were registered in April 2010, with a median annual rent of AED 63.715,2.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.