Market reports / November 2014
Dubai property market - November 2014
- 4.209
- Registered sales
- AED 7,9 Mrd.
- Total value
- AED 1,6 Mio.
- Median price
- AED 1.194
- Median per ft²
- 20.421
- Rent contracts
- AED 82.951,6
- Median annual rent
Dubai recorded 4.209 residential sales in November 2014, worth AED 7,9 Mrd. in total - +3.4% versus the previous month and +8.8% versus a year earlier.
The median sale price was AED 1,6 Mio., at a median of AED 1.194 per ft² (+0.1% month-on-month, +1.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 20.421 contracts were registered in November 2014, with a median annual rent of AED 82.951,6.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.