Market reports / April 2015
Dubai property market - April 2015
- 2,531
- Registered sales
- AED 5.7B
- Total value
- AED 1.9M
- Median price
- AED 1,191
- Median per ft²
- 23,992
- Rent contracts
- AED 149.5K
- Median annual rent
Dubai recorded 2,531 residential sales in April 2015, worth AED 5.7B in total - -20.6% versus the previous month and -51.6% versus a year earlier.
The median sale price was AED 1.9M, at a median of AED 1,191 per ft² (-5.1% month-on-month, -4.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 23,992 contracts were registered in April 2015, with a median annual rent of AED 149.5K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.