Market reports / June 2013
Dubai property market - June 2013
- 5,199
- Registered sales
- AED 9.7B
- Total value
- AED 1.6M
- Median price
- AED 1,004
- Median per ft²
- 16,117
- Rent contracts
- AED 69.4K
- Median annual rent
Dubai recorded 5,199 residential sales in June 2013, worth AED 9.7B in total - -3.3% versus the previous month and +106.6% versus a year earlier.
The median sale price was AED 1.6M, at a median of AED 1,004 per ft² (+3.3% month-on-month, +23.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 16,117 contracts were registered in June 2013, with a median annual rent of AED 69.4K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.