Market reports / November 2011
Dubai property market - November 2011
- 1.709
- Registered sales
- AED 2,6 Mrd.
- Total value
- AED 1,3 Mio.
- Median price
- AED 843
- Median per ft²
- 4.717
- Rent contracts
- AED 57.700,7
- Median annual rent
Dubai recorded 1.709 residential sales in November 2011, worth AED 2,6 Mrd. in total - -28.3% versus the previous month and +13.8% versus a year earlier.
The median sale price was AED 1,3 Mio., at a median of AED 843 per ft² (+8.5% month-on-month, -12.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 4.717 contracts were registered in November 2011, with a median annual rent of AED 57.700,7.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.