Market reports / October 2015
Dubai property market - October 2015
- 2 547
- Registered sales
- AED 4,5 Md
- Total value
- AED 1,5 M
- Median price
- AED 1 121
- Median per ft²
- 23 568
- Rent contracts
- AED 127,3 k
- Median annual rent
Dubai recorded 2 547 residential sales in October 2015, worth AED 4,5 Md in total - -22.3% versus the previous month and -37.4% versus a year earlier.
The median sale price was AED 1,5 M, at a median of AED 1 121 per ft² (+2.6% month-on-month, -6.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 23 568 contracts were registered in October 2015, with a median annual rent of AED 127,3 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.