Market reports / June 2016
Dubai property market - June 2016
- 3.103
- Registered sales
- AED 5,8 Mrd.
- Total value
- AED 1,7 Mio.
- Median price
- AED 1.105
- Median per ft²
- 23.648
- Rent contracts
- AED 120.275,4
- Median annual rent
Dubai recorded 3.103 residential sales in June 2016, worth AED 5,8 Mrd. in total - -4.2% versus the previous month and -5.2% versus a year earlier.
The median sale price was AED 1,7 Mio., at a median of AED 1.105 per ft² (-1.7% month-on-month, -3.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 23.648 contracts were registered in June 2016, with a median annual rent of AED 120.275,4.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.