Market reports / September 2011
Dubai property market - September 2011
- 1,740
- Registered sales
- AED 3.1B
- Total value
- AED 1.4M
- Median price
- AED 891
- Median per ft²
- 4,035
- Rent contracts
- AED 58.7K
- Median annual rent
Dubai recorded 1,740 residential sales in September 2011, worth AED 3.1B in total - -6.8% versus the previous month and +34.8% versus a year earlier.
The median sale price was AED 1.4M, at a median of AED 891 per ft² (+5.0% month-on-month, +6.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 4,035 contracts were registered in September 2011, with a median annual rent of AED 58.7K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.