Market reports / January 2013
Dubai property market - January 2013
- 4 056
- Registered sales
- AED 6,4 Md
- Total value
- AED 1,3 M
- Median price
- AED 950
- Median per ft²
- 24 098
- Rent contracts
- AED 67,7 k
- Median annual rent
Dubai recorded 4 056 residential sales in January 2013, worth AED 6,4 Md in total - -1.3% versus the previous month and +66.4% versus a year earlier.
The median sale price was AED 1,3 M, at a median of AED 950 per ft² (-1.4% month-on-month, +10.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 24 098 contracts were registered in January 2013, with a median annual rent of AED 67,7 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.