Market reports / November 2010

Dubai property market - November 2010

1.502
Registered sales
AED 2,6 Mrd.
Total value
AED 1,5 Mio.
Median price
AED 961
Median per ft²
1.038
Rent contracts
AED 62.481,6
Median annual rent

Dubai recorded 1.502 residential sales in November 2010, worth AED 2,6 Mrd. in total - -28.6% versus the previous month and -51.3% versus a year earlier.

The median sale price was AED 1,5 Mio., at a median of AED 961 per ft² (+13.1% month-on-month, +16.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 1.038 contracts were registered in November 2010, with a median annual rent of AED 62.481,6.

For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.