Market reports / September 2012
Dubai property market - September 2012
- 2,581
- Registered sales
- AED 3.9B
- Total value
- AED 1.3M
- Median price
- AED 862
- Median per ft²
- 9,887
- Rent contracts
- AED 74.1K
- Median annual rent
Dubai recorded 2,581 residential sales in September 2012, worth AED 3.9B in total - +39.5% versus the previous month and +48.3% versus a year earlier.
The median sale price was AED 1.3M, at a median of AED 862 per ft² (+4.3% month-on-month, -3.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 9,887 contracts were registered in September 2012, with a median annual rent of AED 74.1K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.