Market reports / March 2015
Dubai property market - March 2015
- 3 189
- Registered sales
- AED 6,6 Md
- Total value
- AED 1,8 M
- Median price
- AED 1 254
- Median per ft²
- 23 235
- Rent contracts
- AED 90 k
- Median annual rent
Dubai recorded 3 189 residential sales in March 2015, worth AED 6,6 Md in total - +0.1% versus the previous month and -40.2% versus a year earlier.
The median sale price was AED 1,8 M, at a median of AED 1 254 per ft² (+4.1% month-on-month, -0.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 23 235 contracts were registered in March 2015, with a median annual rent of AED 90 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.