Market reports / September 2008

Dubai property market - September 2008

1 517
Registered sales
AED 2,5 млрд
Total value
AED 1,4 млн
Median price
AED 712
Median per ft²
1
Rent contracts
AED 25,2 тыс.
Median annual rent

Dubai recorded 1 517 residential sales in September 2008, worth AED 2,5 млрд in total - -22.6% versus the previous month and +109.5% versus a year earlier.

The median sale price was AED 1,4 млн, at a median of AED 712 per ft² (-8.5% month-on-month, +84.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 1 contracts were registered in September 2008, with a median annual rent of AED 25,2 тыс..

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