Market reports / May 2004

Dubai property market - May 2004

125
Registered sales
AED 204,1 M
Total value
AED 1,5 M
Median price
AED 173
Median per ft²

Dubai recorded 125 residential sales in May 2004, worth AED 204,1 M in total - -20.4% versus the previous month and +23.8% versus a year earlier.

The median sale price was AED 1,5 M, at a median of AED 173 per ft² (+22.9% month-on-month, +78.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

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