Market reports / April 2017
Dubai property market - April 2017
- 3 926
- Registered sales
- AED 6,4 Md
- Total value
- AED 1,5 M
- Median price
- AED 1 157
- Median per ft²
- 26 759
- Rent contracts
- AED 84,6 k
- Median annual rent
Dubai recorded 3 926 residential sales in April 2017, worth AED 6,4 Md in total - -11.0% versus the previous month and +18.4% versus a year earlier.
The median sale price was AED 1,5 M, at a median of AED 1 157 per ft² (+3.3% month-on-month, +0.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 26 759 contracts were registered in April 2017, with a median annual rent of AED 84,6 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.