Market reports / December 2013
Dubai property market - December 2013
- 7,546
- Registered sales
- AED 14.8B
- Total value
- AED 1.8M
- Median price
- AED 1,133
- Median per ft²
- 18,389
- Rent contracts
- AED 76.4K
- Median annual rent
Dubai recorded 7,546 residential sales in December 2013, worth AED 14.8B in total - +95.1% versus the previous month and +83.7% versus a year earlier.
The median sale price was AED 1.8M, at a median of AED 1,133 per ft² (-4.0% month-on-month, +17.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 18,389 contracts were registered in December 2013, with a median annual rent of AED 76.4K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.