Market reports / October 2015
Dubai property market - October 2015
- 2.547
- Registered sales
- AED 4,5 Mrd.
- Total value
- AED 1,5 Mio.
- Median price
- AED 1.121
- Median per ft²
- 23.568
- Rent contracts
- AED 127.339,5
- Median annual rent
Dubai recorded 2.547 residential sales in October 2015, worth AED 4,5 Mrd. in total - -22.3% versus the previous month and -37.4% versus a year earlier.
The median sale price was AED 1,5 Mio., at a median of AED 1.121 per ft² (+2.6% month-on-month, -6.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 23.568 contracts were registered in October 2015, with a median annual rent of AED 127.339,5.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.