Market reports / March 2010

Dubai property market - March 2010

7,395
Registered sales
AED 12B
Total value
AED 1.2M
Median price
AED 1,073
Median per ft²
406
Rent contracts
AED 67.9K
Median annual rent

Dubai recorded 7,395 residential sales in March 2010, worth AED 12B in total - +130.9% versus the previous month and +89.7% versus a year earlier.

The median sale price was AED 1.2M, at a median of AED 1,073 per ft² (+22.7% month-on-month, +30.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 406 contracts were registered in March 2010, with a median annual rent of AED 67.9K.

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