Market reports / September 2015

Dubai property market - September 2015

3,277
Registered sales
AED 5.9B
Total value
AED 1.5M
Median price
AED 1,093
Median per ft²
23,996
Rent contracts
AED 123.9K
Median annual rent

Dubai recorded 3,277 residential sales in September 2015, worth AED 5.9B in total - +10.2% versus the previous month and -9.8% versus a year earlier.

The median sale price was AED 1.5M, at a median of AED 1,093 per ft² (-3.8% month-on-month, -4.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 23,996 contracts were registered in September 2015, with a median annual rent of AED 123.9K.

For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.