Market reports / September 2014

Dubai property market - September 2014

3.635
Registered sales
AED 6,6 Mrd.
Total value
AED 1,6 Mio.
Median price
AED 1.147
Median per ft²
23.032
Rent contracts
AED 86.478,9
Median annual rent

Dubai recorded 3.635 residential sales in September 2014, worth AED 6,6 Mrd. in total - -4.0% versus the previous month and -38.0% versus a year earlier.

The median sale price was AED 1,6 Mio., at a median of AED 1.147 per ft² (-7.2% month-on-month, +10.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 23.032 contracts were registered in September 2014, with a median annual rent of AED 86.478,9.

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