Market reports / November 2013
Dubai property market - November 2013
- 3,867
- Registered sales
- AED 7.7B
- Total value
- AED 1.8M
- Median price
- AED 1,179
- Median per ft²
- 18,392
- Rent contracts
- AED 103K
- Median annual rent
Dubai recorded 3,867 residential sales in November 2013, worth AED 7.7B in total - -49.3% versus the previous month and +24.7% versus a year earlier.
The median sale price was AED 1.8M, at a median of AED 1,179 per ft² (+4.0% month-on-month, +9.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 18,392 contracts were registered in November 2013, with a median annual rent of AED 103K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.