Market reports / June 2010
Dubai property market - June 2010
- 3.958
- Registered sales
- AED 5,1 Mrd.
- Total value
- AED 1,1 Mio.
- Median price
- AED 913
- Median per ft²
- 484
- Rent contracts
- AED 64.383,7
- Median annual rent
Dubai recorded 3.958 residential sales in June 2010, worth AED 5,1 Mrd. in total - +37.8% versus the previous month and -55.3% versus a year earlier.
The median sale price was AED 1,1 Mio., at a median of AED 913 per ft² (+6.4% month-on-month, -4.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 484 contracts were registered in June 2010, with a median annual rent of AED 64.383,7.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.