Market reports / January 2015
Dubai property market - January 2015
- 3 781
- Registered sales
- AED 7,3 Md
- Total value
- AED 1,7 M
- Median price
- AED 1 152
- Median per ft²
- 38 988
- Rent contracts
- AED 87,9 k
- Median annual rent
Dubai recorded 3 781 residential sales in January 2015, worth AED 7,3 Md in total - -21.7% versus the previous month and -23.2% versus a year earlier.
The median sale price was AED 1,7 M, at a median of AED 1 152 per ft² (-3.8% month-on-month, +8.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 38 988 contracts were registered in January 2015, with a median annual rent of AED 87,9 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.