Market reports / October 2014
Dubai property market - October 2014
- 4 069
- Registered sales
- AED 8,3 Md
- Total value
- AED 1,9 M
- Median price
- AED 1 193
- Median per ft²
- 23 294
- Rent contracts
- AED 88,3 k
- Median annual rent
Dubai recorded 4 069 residential sales in October 2014, worth AED 8,3 Md in total - +11.9% versus the previous month and -46.6% versus a year earlier.
The median sale price was AED 1,9 M, at a median of AED 1 193 per ft² (+4.0% month-on-month, +5.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 23 294 contracts were registered in October 2014, with a median annual rent of AED 88,3 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.