Market reports / June 2014
Dubai property market - June 2014
- 4,961
- Registered sales
- AED 9.1B
- Total value
- AED 1.6M
- Median price
- AED 1,264
- Median per ft²
- 21,351
- Rent contracts
- AED 86.2K
- Median annual rent
Dubai recorded 4,961 residential sales in June 2014, worth AED 9.1B in total - +21.8% versus the previous month and -4.6% versus a year earlier.
The median sale price was AED 1.6M, at a median of AED 1,264 per ft² (+2.8% month-on-month, +25.9% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 21,351 contracts were registered in June 2014, with a median annual rent of AED 86.2K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.