Market reports / October 2013
Dubai property market - October 2013
- 7,623
- Registered sales
- AED 14B
- Total value
- AED 1.5M
- Median price
- AED 1,134
- Median per ft²
- 21,000
- Rent contracts
- AED 86.4K
- Median annual rent
Dubai recorded 7,623 residential sales in October 2013, worth AED 14B in total - +30.1% versus the previous month and +99.8% versus a year earlier.
The median sale price was AED 1.5M, at a median of AED 1,134 per ft² (+8.7% month-on-month, +25.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 21,000 contracts were registered in October 2013, with a median annual rent of AED 86.4K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.