Market reports / February 2008

Dubai property market - February 2008

694
Registered sales
AED 2.1B
Total value
AED 2.1M
Median price
AED 566
Median per ft²

Dubai recorded 694 residential sales in February 2008, worth AED 2.1B in total - -24.8% versus the previous month and +320.6% versus a year earlier.

The median sale price was AED 2.1M, at a median of AED 566 per ft² (-1.1% month-on-month, +88.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.

For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.