Market reports / April 2013
Dubai property market - April 2013
- 5 418
- Registered sales
- AED 9,2 Md
- Total value
- AED 1,5 M
- Median price
- AED 955
- Median per ft²
- 16 247
- Rent contracts
- AED 80,9 k
- Median annual rent
Dubai recorded 5 418 residential sales in April 2013, worth AED 9,2 Md in total - +29.5% versus the previous month and +81.8% versus a year earlier.
The median sale price was AED 1,5 M, at a median of AED 955 per ft² (-2.4% month-on-month, +10.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 16 247 contracts were registered in April 2013, with a median annual rent of AED 80,9 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.