Market reports / December 2014
Dubai property market - December 2014
- 4 826
- Registered sales
- AED 8,8 Md
- Total value
- AED 1,6 M
- Median price
- AED 1 197
- Median per ft²
- 20 505
- Rent contracts
- AED 87,7 k
- Median annual rent
Dubai recorded 4 826 residential sales in December 2014, worth AED 8,8 Md in total - +14.7% versus the previous month and -36.0% versus a year earlier.
The median sale price was AED 1,6 M, at a median of AED 1 197 per ft² (+0.2% month-on-month, +5.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 20 505 contracts were registered in December 2014, with a median annual rent of AED 87,7 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.