Market reports / April 2012
Dubai property market - April 2012
- 2,981
- Registered sales
- AED 4.9B
- Total value
- AED 1.3M
- Median price
- AED 866
- Median per ft²
- 8,074
- Rent contracts
- AED 99K
- Median annual rent
Dubai recorded 2,981 residential sales in April 2012, worth AED 4.9B in total - +26.4% versus the previous month and +29.5% versus a year earlier.
The median sale price was AED 1.3M, at a median of AED 866 per ft² (-1.7% month-on-month, -6.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 8,074 contracts were registered in April 2012, with a median annual rent of AED 99K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.