Market reports / December 2010
Dubai property market - December 2010
- 1 457
- Registered sales
- AED 2,5 Md
- Total value
- AED 1,5 M
- Median price
- AED 855
- Median per ft²
- 1 096
- Rent contracts
- AED 64,8 k
- Median annual rent
Dubai recorded 1 457 residential sales in December 2010, worth AED 2,5 Md in total - -3.0% versus the previous month and -50.8% versus a year earlier.
The median sale price was AED 1,5 M, at a median of AED 855 per ft² (-11.0% month-on-month, -8.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 1 096 contracts were registered in December 2010, with a median annual rent of AED 64,8 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.