Market reports / January 2011

Dubai property market - January 2011

2 578
Registered sales
AED 4,3 млрд
Total value
AED 1,5 млн
Median price
AED 889
Median per ft²
4 220
Rent contracts
AED 61,8 тыс.
Median annual rent

Dubai recorded 2 578 residential sales in January 2011, worth AED 4,3 млрд in total - +76.9% versus the previous month and +56.6% versus a year earlier.

The median sale price was AED 1,5 млн, at a median of AED 889 per ft² (+4.0% month-on-month, -9.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 4 220 contracts were registered in January 2011, with a median annual rent of AED 61,8 тыс..

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