Market reports / May 2007

Dubai property market - May 2007

345
Registered sales
AED 1,1 Md
Total value
AED 2,7 M
Median price
AED 338
Median per ft²

Dubai recorded 345 residential sales in May 2007, worth AED 1,1 Md in total - +36.4% versus the previous month and +165.4% versus a year earlier.

The median sale price was AED 2,7 M, at a median of AED 338 per ft² (+0.1% month-on-month, +8.4% 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.