Market reports / November 2010
Dubai property market - November 2010
- 1 502
- Registered sales
- AED 2,6 Md
- Total value
- AED 1,5 M
- Median price
- AED 961
- Median per ft²
- 1 038
- Rent contracts
- AED 62,5 k
- Median annual rent
Dubai recorded 1 502 residential sales in November 2010, worth AED 2,6 Md in total - -28.6% versus the previous month and -51.3% versus a year earlier.
The median sale price was AED 1,5 M, at a median of AED 961 per ft² (+13.1% month-on-month, +16.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 1 038 contracts were registered in November 2010, with a median annual rent of AED 62,5 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.