Market reports / January 2013
Dubai property market - January 2013
- 4.056
- Registered sales
- AED 6,4 Mrd.
- Total value
- AED 1,3 Mio.
- Median price
- AED 950
- Median per ft²
- 24.098
- Rent contracts
- AED 67.657,9
- Median annual rent
Dubai recorded 4.056 residential sales in January 2013, worth AED 6,4 Mrd. in total - -1.3% versus the previous month and +66.4% versus a year earlier.
The median sale price was AED 1,3 Mio., at a median of AED 950 per ft² (-1.4% month-on-month, +10.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 24.098 contracts were registered in January 2013, with a median annual rent of AED 67.657,9.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.