Market reports / July 2015
Dubai property market - July 2015
- 1 888
- Registered sales
- AED 4,7 Md
- Total value
- AED 2,2 M
- Median price
- AED 1 089
- Median per ft²
- 26 602
- Rent contracts
- AED 120,6 k
- Median annual rent
Dubai recorded 1 888 residential sales in July 2015, worth AED 4,7 Md in total - -42.3% versus the previous month and -34.5% versus a year earlier.
The median sale price was AED 2,2 M, at a median of AED 1 089 per ft² (-4.5% month-on-month, -8.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 26 602 contracts were registered in July 2015, with a median annual rent of AED 120,6 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.