Market reports / March 2017
Dubai property market - March 2017
- 4.409
- Registered sales
- AED 7,7 Mrd.
- Total value
- AED 1,5 Mio.
- Median price
- AED 1.121
- Median per ft²
- 25.596
- Rent contracts
- AED 108.416,7
- Median annual rent
Dubai recorded 4.409 residential sales in March 2017, worth AED 7,7 Mrd. in total - +13.3% versus the previous month and +82.9% versus a year earlier.
The median sale price was AED 1,5 Mio., at a median of AED 1.121 per ft² (-5.2% month-on-month, +5.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 25.596 contracts were registered in March 2017, with a median annual rent of AED 108.416,7.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.