Market reports / January 2015

Dubai property market - January 2015

3.781
Registered sales
AED 7,3 Mrd.
Total value
AED 1,7 Mio.
Median price
AED 1.152
Median per ft²
38.988
Rent contracts
AED 87.875,6
Median annual rent

Dubai recorded 3.781 residential sales in January 2015, worth AED 7,3 Mrd. in total - -21.7% versus the previous month and -23.2% versus a year earlier.

The median sale price was AED 1,7 Mio., at a median of AED 1.152 per ft² (-3.8% month-on-month, +8.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 38.988 contracts were registered in January 2015, with a median annual rent of AED 87.875,6.

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