Market reports / June 2009
Dubai property market - June 2009
- 8,860
- Registered sales
- AED 11.6B
- Total value
- AED 1.1M
- Median price
- AED 953
- Median per ft²
- 2
- Rent contracts
- AED 66.2K
- Median annual rent
Dubai recorded 8,860 residential sales in June 2009, worth AED 11.6B in total - +31.6% versus the previous month and +455.1% versus a year earlier.
The median sale price was AED 1.1M, at a median of AED 953 per ft² (+4.1% month-on-month, +33.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 2 contracts were registered in June 2009, with a median annual rent of AED 66.2K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.