Market reports / October 2010
Dubai property market - October 2010
- 2,103
- Registered sales
- AED 3.6B
- Total value
- AED 1.3M
- Median price
- AED 850
- Median per ft²
- 1,082
- Rent contracts
- AED 782.3K
- Median annual rent
Dubai recorded 2,103 residential sales in October 2010, worth AED 3.6B in total - +62.9% versus the previous month and -45.7% versus a year earlier.
The median sale price was AED 1.3M, at a median of AED 850 per ft² (+1.8% month-on-month, +4.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 1,082 contracts were registered in October 2010, with a median annual rent of AED 782.3K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.