Market reports / November 2015
Dubai property market - November 2015
- 4,732
- Registered sales
- AED 7.5B
- Total value
- AED 1.4M
- Median price
- AED 1,066
- Median per ft²
- 21,489
- Rent contracts
- AED 130.3K
- Median annual rent
Dubai recorded 4,732 residential sales in November 2015, worth AED 7.5B in total - +85.8% versus the previous month and +12.4% versus a year earlier.
The median sale price was AED 1.4M, at a median of AED 1,066 per ft² (-4.8% month-on-month, -10.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 21,489 contracts were registered in November 2015, with a median annual rent of AED 130.3K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.