Market reports / August 2015
Dubai property market - August 2015
- 2 974
- Registered sales
- AED 6,4 Md
- Total value
- AED 1,9 M
- Median price
- AED 1 136
- Median per ft²
- 24 373
- Rent contracts
- AED 113,6 k
- Median annual rent
Dubai recorded 2 974 residential sales in August 2015, worth AED 6,4 Md in total - +57.5% versus the previous month and -21.4% versus a year earlier.
The median sale price was AED 1,9 M, at a median of AED 1 136 per ft² (+4.3% month-on-month, -8.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 24 373 contracts were registered in August 2015, with a median annual rent of AED 113,6 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.