Market reports / March 2013
Dubai property market - March 2013
- 4.185
- Registered sales
- AED 6,9 Mrd.
- Total value
- AED 1,4 Mio.
- Median price
- AED 978
- Median per ft²
- 14.513
- Rent contracts
- AED 65.552,5
- Median annual rent
Dubai recorded 4.185 residential sales in March 2013, worth AED 6,9 Mrd. in total - +8.5% versus the previous month and +77.4% versus a year earlier.
The median sale price was AED 1,4 Mio., at a median of AED 978 per ft² (-2.0% month-on-month, +11.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 14.513 contracts were registered in March 2013, with a median annual rent of AED 65.552,5.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.