Market reports / June 2011
Dubai property market - June 2011
- 2,019
- Registered sales
- AED 3.2B
- Total value
- AED 1.4M
- Median price
- AED 815
- Median per ft²
- 2,377
- Rent contracts
- AED 61K
- Median annual rent
Dubai recorded 2,019 residential sales in June 2011, worth AED 3.2B in total - -9.9% versus the previous month and -49.0% versus a year earlier.
The median sale price was AED 1.4M, at a median of AED 815 per ft² (-5.5% month-on-month, -10.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 2,377 contracts were registered in June 2011, with a median annual rent of AED 61K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.