Market reports / August 2015
Dubai property market - August 2015
- 2,974
- Registered sales
- AED 6.4B
- Total value
- AED 1.9M
- Median price
- AED 1,136
- Median per ft²
- 24,373
- Rent contracts
- AED 113.6K
- Median annual rent
Dubai recorded 2,974 residential sales in August 2015, worth AED 6.4B in total - +57.5% versus the previous month and -21.4% versus a year earlier.
The median sale price was AED 1.9M, at a median of AED 1,136 per ft² (+4.3% month-on-month, -8.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 24,373 contracts were registered in August 2015, with a median annual rent of AED 113.6K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.