Market reports / January 2014

Dubai property market - January 2014

4.926
Registered sales
AED 8,3 Mrd.
Total value
AED 1,5 Mio.
Median price
AED 1.063
Median per ft²
35.598
Rent contracts
AED 90.813,9
Median annual rent

Dubai recorded 4.926 residential sales in January 2014, worth AED 8,3 Mrd. in total - -34.7% versus the previous month and +21.4% versus a year earlier.

The median sale price was AED 1,5 Mio., at a median of AED 1.063 per ft² (-6.2% month-on-month, +11.9% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 35.598 contracts were registered in January 2014, with a median annual rent of AED 90.813,9.

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