Market reports / August 2013
Dubai property market - August 2013
- 3,094
- Registered sales
- AED 5.5B
- Total value
- AED 1.5M
- Median price
- AED 1,087
- Median per ft²
- 20,392
- Rent contracts
- AED 90.2K
- Median annual rent
Dubai recorded 3,094 residential sales in August 2013, worth AED 5.5B in total - -41.2% versus the previous month and +67.2% versus a year earlier.
The median sale price was AED 1.5M, at a median of AED 1,087 per ft² (-0.4% month-on-month, +31.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 20,392 contracts were registered in August 2013, with a median annual rent of AED 90.2K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.