Market reports / November 2012
Dubai property market - November 2012
- 3.102
- Registered sales
- AED 5,5 Mrd.
- Total value
- AED 1,5 Mio.
- Median price
- AED 1.074
- Median per ft²
- 10.614
- Rent contracts
- AED 103.494,9
- Median annual rent
Dubai recorded 3.102 residential sales in November 2012, worth AED 5,5 Mrd. in total - -18.7% versus the previous month and +81.5% versus a year earlier.
The median sale price was AED 1,5 Mio., at a median of AED 1.074 per ft² (+19.0% month-on-month, +27.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 10.614 contracts were registered in November 2012, with a median annual rent of AED 103.494,9.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.