Market reports / October 2017
Dubai property market - October 2017
- 3.448
- Registered sales
- AED 5,1 Mrd.
- Total value
- AED 1,3 Mio.
- Median price
- AED 1.095
- Median per ft²
- 29.393
- Rent contracts
- AED 202.886,3
- Median annual rent
Dubai recorded 3.448 residential sales in October 2017, worth AED 5,1 Mrd. in total - +40.7% versus the previous month and +19.1% versus a year earlier.
The median sale price was AED 1,3 Mio., at a median of AED 1.095 per ft² (-6.5% month-on-month, +0.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 29.393 contracts were registered in October 2017, with a median annual rent of AED 202.886,3.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.