Market reports / February 2013
Dubai property market - February 2013
- 3.858
- Registered sales
- AED 6,7 Mrd.
- Total value
- AED 1,4 Mio.
- Median price
- AED 998
- Median per ft²
- 12.928
- Rent contracts
- AED 73.072,4
- Median annual rent
Dubai recorded 3.858 residential sales in February 2013, worth AED 6,7 Mrd. in total - -4.9% versus the previous month and +44.1% versus a year earlier.
The median sale price was AED 1,4 Mio., at a median of AED 998 per ft² (+5.0% month-on-month, +21.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 12.928 contracts were registered in February 2013, with a median annual rent of AED 73.072,4.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.