Market reports / July 2008
Dubai property market - July 2008
- 1 913
- Registered sales
- AED 4,1 Md
- Total value
- AED 1,6 M
- Median price
- AED 693
- Median per ft²
- 1
- Rent contracts
- AED 52,5 k
- Median annual rent
Dubai recorded 1 913 residential sales in July 2008, worth AED 4,1 Md in total - +19.9% versus the previous month and +156.1% versus a year earlier.
The median sale price was AED 1,6 M, at a median of AED 693 per ft² (-3.0% month-on-month, +132.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 1 contracts were registered in July 2008, with a median annual rent of AED 52,5 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.