Market reports / September 2014
Dubai property market - September 2014
- 3 635
- Registered sales
- AED 6,6 Md
- Total value
- AED 1,6 M
- Median price
- AED 1 147
- Median per ft²
- 23 032
- Rent contracts
- AED 86,5 k
- Median annual rent
Dubai recorded 3 635 residential sales in September 2014, worth AED 6,6 Md in total - -4.0% versus the previous month and -38.0% versus a year earlier.
The median sale price was AED 1,6 M, at a median of AED 1 147 per ft² (-7.2% month-on-month, +10.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 23 032 contracts were registered in September 2014, with a median annual rent of AED 86,5 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.