Market reports / June 2014

Dubai property market - June 2014

4.961
Registered sales
AED 9,1 Mrd.
Total value
AED 1,6 Mio.
Median price
AED 1.264
Median per ft²
21.351
Rent contracts
AED 86.227,2
Median annual rent

Dubai recorded 4.961 residential sales in June 2014, worth AED 9,1 Mrd. in total - +21.8% versus the previous month and -4.6% versus a year earlier.

The median sale price was AED 1,6 Mio., at a median of AED 1.264 per ft² (+2.8% month-on-month, +25.9% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 21.351 contracts were registered in June 2014, with a median annual rent of AED 86.227,2.

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