Market reports / February 2010
Dubai property market - February 2010
- 3 202
- Registered sales
- AED 4,8 Md
- Total value
- AED 1,2 M
- Median price
- AED 875
- Median per ft²
- 4
- Rent contracts
- AED 105,9 k
- Median annual rent
Dubai recorded 3 202 residential sales in February 2010, worth AED 4,8 Md in total - +94.5% versus the previous month and -13.2% versus a year earlier.
The median sale price was AED 1,2 M, at a median of AED 875 per ft² (-10.9% month-on-month, +13.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 4 contracts were registered in February 2010, with a median annual rent of AED 105,9 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.