Market reports / August 2013
Dubai property market - August 2013
- 3 094
- Registered sales
- AED 5,5 Md
- Total value
- AED 1,5 M
- Median price
- AED 1 087
- Median per ft²
- 20 392
- Rent contracts
- AED 90,2 k
- Median annual rent
Dubai recorded 3 094 residential sales in August 2013, worth AED 5,5 Md in total - -41.2% versus the previous month and +67.2% versus a year earlier.
The median sale price was AED 1,5 M, at a median of AED 1 087 per ft² (-0.4% month-on-month, +31.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 20 392 contracts were registered in August 2013, with a median annual rent of AED 90,2 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.