Market reports / January 2015
Dubai property market - January 2015
- 3,781
- Registered sales
- AED 7.3B
- Total value
- AED 1.7M
- Median price
- AED 1,152
- Median per ft²
- 38,988
- Rent contracts
- AED 87.9K
- Median annual rent
Dubai recorded 3,781 residential sales in January 2015, worth AED 7.3B in total - -21.7% versus the previous month and -23.2% versus a year earlier.
The median sale price was AED 1.7M, at a median of AED 1,152 per ft² (-3.8% month-on-month, +8.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 38,988 contracts were registered in January 2015, with a median annual rent of AED 87.9K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.