Market reports / September 2011

Dubai property market - September 2011

1 740
Registered sales
AED 3,1 Md
Total value
AED 1,4 M
Median price
AED 891
Median per ft²
4 035
Rent contracts
AED 58,7 k
Median annual rent

Dubai recorded 1 740 residential sales in September 2011, worth AED 3,1 Md in total - -6.8% versus the previous month and +34.8% versus a year earlier.

The median sale price was AED 1,4 M, at a median of AED 891 per ft² (+5.0% month-on-month, +6.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 4 035 contracts were registered in September 2011, with a median annual rent of AED 58,7 k.

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