Market reports / April 2012
Dubai property market - April 2012
- 2.981
- Registered sales
- AED 4,9 Mrd.
- Total value
- AED 1,3 Mio.
- Median price
- AED 866
- Median per ft²
- 8.074
- Rent contracts
- AED 99.012,8
- Median annual rent
Dubai recorded 2.981 residential sales in April 2012, worth AED 4,9 Mrd. in total - +26.4% versus the previous month and +29.5% versus a year earlier.
The median sale price was AED 1,3 Mio., at a median of AED 866 per ft² (-1.7% month-on-month, -6.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 8.074 contracts were registered in April 2012, with a median annual rent of AED 99.012,8.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.