Market reports / November 2011
Dubai property market - November 2011
- 1,709
- Registered sales
- AED 2.6B
- Total value
- AED 1.3M
- Median price
- AED 843
- Median per ft²
- 4,717
- Rent contracts
- AED 57.7K
- Median annual rent
Dubai recorded 1,709 residential sales in November 2011, worth AED 2.6B in total - -28.3% versus the previous month and +13.8% versus a year earlier.
The median sale price was AED 1.3M, at a median of AED 843 per ft² (+8.5% month-on-month, -12.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 4,717 contracts were registered in November 2011, with a median annual rent of AED 57.7K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.