Market reports / August 2014
Dubai property market - August 2014
- 3.786
- Registered sales
- AED 6,6 Mrd.
- Total value
- AED 1,5 Mio.
- Median price
- AED 1.236
- Median per ft²
- 22.379
- Rent contracts
- AED 85.559,8
- Median annual rent
Dubai recorded 3.786 residential sales in August 2014, worth AED 6,6 Mrd. in total - +31.4% versus the previous month and +22.4% versus a year earlier.
The median sale price was AED 1,5 Mio., at a median of AED 1.236 per ft² (+4.1% month-on-month, +13.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 22.379 contracts were registered in August 2014, with a median annual rent of AED 85.559,8.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.