Market reports / May 2011

Dubai property market - May 2011

2 242
Registered sales
AED 3,7 млрд
Total value
AED 1,4 млн
Median price
AED 863
Median per ft²
2 312
Rent contracts
AED 221,3 тыс.
Median annual rent

Dubai recorded 2 242 residential sales in May 2011, worth AED 3,7 млрд in total - -2.6% versus the previous month and -22.0% versus a year earlier.

The median sale price was AED 1,4 млн, at a median of AED 863 per ft² (-6.7% month-on-month, +0.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 2 312 contracts were registered in May 2011, with a median annual rent of AED 221,3 тыс..

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