Market reports / July 2011
Dubai property market - July 2011
- 2 454
- Registered sales
- AED 3,8 Md
- Total value
- AED 1,2 M
- Median price
- AED 830
- Median per ft²
- 3 384
- Rent contracts
- AED 57,9 k
- Median annual rent
Dubai recorded 2 454 residential sales in July 2011, worth AED 3,8 Md in total - +21.5% versus the previous month and +7.6% versus a year earlier.
The median sale price was AED 1,2 M, at a median of AED 830 per ft² (+1.8% month-on-month, -7.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 3 384 contracts were registered in July 2011, with a median annual rent of AED 57,9 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.