Market reports / February 2014
Dubai property market - February 2014
- 4 168
- Registered sales
- AED 7,8 Md
- Total value
- AED 1,6 M
- Median price
- AED 1 145
- Median per ft²
- 19 125
- Rent contracts
- AED 98,6 k
- Median annual rent
Dubai recorded 4 168 residential sales in February 2014, worth AED 7,8 Md in total - -15.4% versus the previous month and +8.0% versus a year earlier.
The median sale price was AED 1,6 M, at a median of AED 1 145 per ft² (+7.7% month-on-month, +14.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 19 125 contracts were registered in February 2014, with a median annual rent of AED 98,6 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.