Market reports / April 2015

Dubai property market - April 2015

2.531
Registered sales
AED 5,7 Mrd.
Total value
AED 1,9 Mio.
Median price
AED 1.191
Median per ft²
23.992
Rent contracts
AED 149.535,9
Median annual rent

Dubai recorded 2.531 residential sales in April 2015, worth AED 5,7 Mrd. in total - -20.6% versus the previous month and -51.6% versus a year earlier.

The median sale price was AED 1,9 Mio., at a median of AED 1.191 per ft² (-5.1% month-on-month, -4.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 23.992 contracts were registered in April 2015, with a median annual rent of AED 149.535,9.

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