Market reports / August 2009
Dubai property market - August 2009
- 6,397
- Registered sales
- AED 9.2B
- Total value
- AED 1.2M
- Median price
- AED 999
- Median per ft²
- 1
- Rent contracts
- AED 150K
- Median annual rent
Dubai recorded 6,397 residential sales in August 2009, worth AED 9.2B in total - -3.9% versus the previous month and +226.2% versus a year earlier.
The median sale price was AED 1.2M, at a median of AED 999 per ft² (+10.3% month-on-month, +28.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 1 contracts were registered in August 2009, with a median annual rent of AED 150K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.