Market reports / July 2015
Dubai property market - July 2015
- 1,888
- Registered sales
- AED 4.7B
- Total value
- AED 2.2M
- Median price
- AED 1,089
- Median per ft²
- 26,602
- Rent contracts
- AED 120.6K
- Median annual rent
Dubai recorded 1,888 residential sales in July 2015, worth AED 4.7B in total - -42.3% versus the previous month and -34.5% versus a year earlier.
The median sale price was AED 2.2M, at a median of AED 1,089 per ft² (-4.5% month-on-month, -8.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 26,602 contracts were registered in July 2015, with a median annual rent of AED 120.6K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.