Market reports / June 2012
Dubai property market - June 2012
- 2.517
- Registered sales
- AED 3,8 Mrd.
- Total value
- AED 1,3 Mio.
- Median price
- AED 814
- Median per ft²
- 8.186
- Rent contracts
- AED 62.248,1
- Median annual rent
Dubai recorded 2.517 residential sales in June 2012, worth AED 3,8 Mrd. in total - -20.4% versus the previous month and +24.7% versus a year earlier.
The median sale price was AED 1,3 Mio., at a median of AED 814 per ft² (-3.4% month-on-month, -0.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 8.186 contracts were registered in June 2012, with a median annual rent of AED 62.248,1.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.