Market reports / June 2014

Dubai property market - June 2014

4 961
Registered sales
AED 9,1 Md
Total value
AED 1,6 M
Median price
AED 1 264
Median per ft²
21 351
Rent contracts
AED 86,2 k
Median annual rent

Dubai recorded 4 961 residential sales in June 2014, worth AED 9,1 Md in total - +21.8% versus the previous month and -4.6% versus a year earlier.

The median sale price was AED 1,6 M, at a median of AED 1 264 per ft² (+2.8% month-on-month, +25.9% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 21 351 contracts were registered in June 2014, with a median annual rent of AED 86,2 k.

For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.