Market reports / December 2012
Dubai property market - December 2012
- 4 108
- Registered sales
- AED 6,9 Md
- Total value
- AED 1,4 M
- Median price
- AED 963
- Median per ft²
- 11 231
- Rent contracts
- AED 67,4 k
- Median annual rent
Dubai recorded 4 108 residential sales in December 2012, worth AED 6,9 Md in total - +32.4% versus the previous month and +56.1% versus a year earlier.
The median sale price was AED 1,4 M, at a median of AED 963 per ft² (-10.3% month-on-month, +7.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 11 231 contracts were registered in December 2012, with a median annual rent of AED 67,4 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.