Market reports / November 2013

Dubai property market - November 2013

3.867
Registered sales
AED 7,7 Mrd.
Total value
AED 1,8 Mio.
Median price
AED 1.179
Median per ft²
18.392
Rent contracts
AED 103.020,5
Median annual rent

Dubai recorded 3.867 residential sales in November 2013, worth AED 7,7 Mrd. in total - -49.3% versus the previous month and +24.7% versus a year earlier.

The median sale price was AED 1,8 Mio., at a median of AED 1.179 per ft² (+4.0% month-on-month, +9.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 18.392 contracts were registered in November 2013, with a median annual rent of AED 103.020,5.

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