Market reports / November 2015

Dubai property market - November 2015

4.732
Registered sales
AED 7,5 Mrd.
Total value
AED 1,4 Mio.
Median price
AED 1.066
Median per ft²
21.489
Rent contracts
AED 130.301,6
Median annual rent

Dubai recorded 4.732 residential sales in November 2015, worth AED 7,5 Mrd. in total - +85.8% versus the previous month and +12.4% versus a year earlier.

The median sale price was AED 1,4 Mio., at a median of AED 1.066 per ft² (-4.8% month-on-month, -10.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 21.489 contracts were registered in November 2015, with a median annual rent of AED 130.301,6.

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