Market reports / January 2009
Dubai property market - January 2009
- 4,179
- Registered sales
- AED 3.4B
- Total value
- AED 650.6K
- Median price
- AED 618
- Median per ft²
- 1
- Rent contracts
- AED 6K
- Median annual rent
Dubai recorded 4,179 residential sales in January 2009, worth AED 3.4B in total - +120.9% versus the previous month and +352.8% versus a year earlier.
The median sale price was AED 650.6K, at a median of AED 618 per ft² (-11.2% month-on-month, +8.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 1 contracts were registered in January 2009, with a median annual rent of AED 6K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.