Market reports / May 2010

Dubai property market - May 2010

2 873
Registered sales
AED 4,3 млрд
Total value
AED 1,3 млн
Median price
AED 858
Median per ft²
466
Rent contracts
AED 59,8 тыс.
Median annual rent

Dubai recorded 2 873 residential sales in May 2010, worth AED 4,3 млрд in total - +1.6% versus the previous month and -57.3% versus a year earlier.

The median sale price was AED 1,3 млн, at a median of AED 858 per ft² (+2.5% month-on-month, -6.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 466 contracts were registered in May 2010, with a median annual rent of AED 59,8 тыс..

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