Market reports / December 2013
Dubai property market - December 2013
- 7 546
- Registered sales
- AED 14,8 Md
- Total value
- AED 1,8 M
- Median price
- AED 1 133
- Median per ft²
- 18 389
- Rent contracts
- AED 76,4 k
- Median annual rent
Dubai recorded 7 546 residential sales in December 2013, worth AED 14,8 Md in total - +95.1% versus the previous month and +83.7% versus a year earlier.
The median sale price was AED 1,8 M, at a median of AED 1 133 per ft² (-4.0% month-on-month, +17.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 18 389 contracts were registered in December 2013, with a median annual rent of AED 76,4 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.