Market reports / February 2014
Dubai property market - February 2014
- 4,168
- Registered sales
- AED 7.8B
- Total value
- AED 1.6M
- Median price
- AED 1,145
- Median per ft²
- 19,125
- Rent contracts
- AED 98.6K
- Median annual rent
Dubai recorded 4,168 residential sales in February 2014, worth AED 7.8B in total - -15.4% versus the previous month and +8.0% versus a year earlier.
The median sale price was AED 1.6M, at a median of AED 1,145 per ft² (+7.7% month-on-month, +14.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 19,125 contracts were registered in February 2014, with a median annual rent of AED 98.6K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.