Market reports / November 2016
Dubai property market - November 2016
- 3.010
- Registered sales
- AED 4,7 Mrd.
- Total value
- AED 1,4 Mio.
- Median price
- AED 1.068
- Median per ft²
- 22.908
- Rent contracts
- AED 93.894,8
- Median annual rent
Dubai recorded 3.010 residential sales in November 2016, worth AED 4,7 Mrd. in total - +4.0% versus the previous month and -36.4% versus a year earlier.
The median sale price was AED 1,4 Mio., at a median of AED 1.068 per ft² (-1.6% month-on-month, +0.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 22.908 contracts were registered in November 2016, with a median annual rent of AED 93.894,8.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.