Market reports / February 2009
Dubai property market - February 2009
- 3 689
- Registered sales
- AED 4,5 Md
- Total value
- AED 1 M
- Median price
- AED 772
- Median per ft²
- 1
- Rent contracts
- AED 22 k
- Median annual rent
Dubai recorded 3 689 residential sales in February 2009, worth AED 4,5 Md in total - -11.7% versus the previous month and +431.6% versus a year earlier.
The median sale price was AED 1 M, at a median of AED 772 per ft² (+24.8% month-on-month, +36.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 1 contracts were registered in February 2009, with a median annual rent of AED 22 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.