Market reports / September 2014
Dubai property market - September 2014
- 3,635
- Registered sales
- AED 6.6B
- Total value
- AED 1.6M
- Median price
- AED 1,147
- Median per ft²
- 23,032
- Rent contracts
- AED 86.5K
- Median annual rent
Dubai recorded 3,635 residential sales in September 2014, worth AED 6.6B in total - -4.0% versus the previous month and -38.0% versus a year earlier.
The median sale price was AED 1.6M, at a median of AED 1,147 per ft² (-7.2% month-on-month, +10.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 23,032 contracts were registered in September 2014, with a median annual rent of AED 86.5K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.