Market reports / February 2014
Dubai property market - February 2014
- 4.168
- Registered sales
- AED 7,8 Mrd.
- Total value
- AED 1,6 Mio.
- Median price
- AED 1.145
- Median per ft²
- 19.125
- Rent contracts
- AED 98.617,2
- Median annual rent
Dubai recorded 4.168 residential sales in February 2014, worth AED 7,8 Mrd. in total - -15.4% versus the previous month and +8.0% versus a year earlier.
The median sale price was AED 1,6 Mio., at a median of AED 1.145 per ft² (+7.7% month-on-month, +14.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 19.125 contracts were registered in February 2014, with a median annual rent of AED 98.617,2.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.