Market reports / April 2014
Dubai property market - April 2014
- 5,225
- Registered sales
- AED 10.7B
- Total value
- AED 1.8M
- Median price
- AED 1,244
- Median per ft²
- 22,039
- Rent contracts
- AED 141.6K
- Median annual rent
Dubai recorded 5,225 residential sales in April 2014, worth AED 10.7B in total - -2.0% versus the previous month and -3.6% versus a year earlier.
The median sale price was AED 1.8M, at a median of AED 1,244 per ft² (-1.0% month-on-month, +30.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 22,039 contracts were registered in April 2014, with a median annual rent of AED 141.6K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.