Market reports / April 2016
Dubai property market - April 2016
- 3 316
- Registered sales
- AED 5,2 Md
- Total value
- AED 1,4 M
- Median price
- AED 1 148
- Median per ft²
- 24 931
- Rent contracts
- AED 96,5 k
- Median annual rent
Dubai recorded 3 316 residential sales in April 2016, worth AED 5,2 Md in total - +37.5% versus the previous month and +31.0% versus a year earlier.
The median sale price was AED 1,4 M, at a median of AED 1 148 per ft² (+7.8% month-on-month, -3.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 24 931 contracts were registered in April 2016, with a median annual rent of AED 96,5 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.