Market reports / August 2010
Dubai property market - August 2010
- 2.816
- Registered sales
- AED 4,2 Mrd.
- Total value
- AED 1,3 Mio.
- Median price
- AED 898
- Median per ft²
- 751
- Rent contracts
- AED 68.280,3
- Median annual rent
Dubai recorded 2.816 residential sales in August 2010, worth AED 4,2 Mrd. in total - +23.5% versus the previous month and -56.0% versus a year earlier.
The median sale price was AED 1,3 Mio., at a median of AED 898 per ft² (-0.0% month-on-month, -10.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 751 contracts were registered in August 2010, with a median annual rent of AED 68.280,3.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.