Market reports / December 2015
Dubai property market - December 2015
- 3 985
- Registered sales
- AED 6,6 Md
- Total value
- AED 1,5 M
- Median price
- AED 1 095
- Median per ft²
- 21 114
- Rent contracts
- AED 93,2 k
- Median annual rent
Dubai recorded 3 985 residential sales in December 2015, worth AED 6,6 Md in total - -15.8% versus the previous month and -17.4% versus a year earlier.
The median sale price was AED 1,5 M, at a median of AED 1 095 per ft² (+2.7% month-on-month, -8.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 21 114 contracts were registered in December 2015, with a median annual rent of AED 93,2 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.