Market reports / April 2013

Dubai property market - April 2013

5.418
Registered sales
AED 9,2 Mrd.
Total value
AED 1,5 Mio.
Median price
AED 955
Median per ft²
16.247
Rent contracts
AED 80.859,7
Median annual rent

Dubai recorded 5.418 residential sales in April 2013, worth AED 9,2 Mrd. in total - +29.5% versus the previous month and +81.8% versus a year earlier.

The median sale price was AED 1,5 Mio., at a median of AED 955 per ft² (-2.4% month-on-month, +10.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 16.247 contracts were registered in April 2013, with a median annual rent of AED 80.859,7.

For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.