Market reports / March 2014
Dubai property market - March 2014
- 5,333
- Registered sales
- AED 10.2B
- Total value
- AED 1.7M
- Median price
- AED 1,257
- Median per ft²
- 20,785
- Rent contracts
- AED 94.1K
- Median annual rent
Dubai recorded 5,333 residential sales in March 2014, worth AED 10.2B in total - +28.0% versus the previous month and +27.4% versus a year earlier.
The median sale price was AED 1.7M, at a median of AED 1,257 per ft² (+9.7% month-on-month, +28.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 20,785 contracts were registered in March 2014, with a median annual rent of AED 94.1K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.