Market reports / December 2007

Dubai property market - December 2007

756
Registered sales
AED 1,5 млрд
Total value
AED 1,5 млн
Median price
AED 420
Median per ft²
1
Rent contracts
AED 9,8 тыс.
Median annual rent

Dubai recorded 756 residential sales in December 2007, worth AED 1,5 млрд in total - -25.4% versus the previous month and +211.1% versus a year earlier.

The median sale price was AED 1,5 млн, at a median of AED 420 per ft² (-8.4% month-on-month, +40.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 1 contracts were registered in December 2007, with a median annual rent of AED 9,8 тыс..

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