Market reports / April 2011
Dubai property market - April 2011
- 2.302
- Registered sales
- AED 3,9 Mrd.
- Total value
- AED 1,4 Mio.
- Median price
- AED 925
- Median per ft²
- 2.190
- Rent contracts
- AED 62.474,5
- Median annual rent
Dubai recorded 2.302 residential sales in April 2011, worth AED 3,9 Mrd. in total - -17.5% versus the previous month and -18.6% versus a year earlier.
The median sale price was AED 1,4 Mio., at a median of AED 925 per ft² (+7.8% month-on-month, +10.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 2.190 contracts were registered in April 2011, with a median annual rent of AED 62.474,5.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.