Market reports / June 2010

Dubai property market - June 2010

3 958
Registered sales
AED 5,1 Md
Total value
AED 1,1 M
Median price
AED 913
Median per ft²
484
Rent contracts
AED 64,4 k
Median annual rent

Dubai recorded 3 958 residential sales in June 2010, worth AED 5,1 Md in total - +37.8% versus the previous month and -55.3% versus a year earlier.

The median sale price was AED 1,1 M, at a median of AED 913 per ft² (+6.4% month-on-month, -4.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 484 contracts were registered in June 2010, with a median annual rent of AED 64,4 k.

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