Market reports / July 2013
Dubai property market - July 2013
- 5.266
- Registered sales
- AED 9,9 Mrd.
- Total value
- AED 1,6 Mio.
- Median price
- AED 1.092
- Median per ft²
- 22.121
- Rent contracts
- AED 67.192,2
- Median annual rent
Dubai recorded 5.266 residential sales in July 2013, worth AED 9,9 Mrd. in total - +1.3% versus the previous month and +85.6% versus a year earlier.
The median sale price was AED 1,6 Mio., at a median of AED 1.092 per ft² (+8.8% month-on-month, -93.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 22.121 contracts were registered in July 2013, with a median annual rent of AED 67.192,2.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.