Market reports / June 2011

Dubai property market - June 2011

2 019
Registered sales
AED 3,2 млрд
Total value
AED 1,4 млн
Median price
AED 815
Median per ft²
2 377
Rent contracts
AED 61 тыс.
Median annual rent

Dubai recorded 2 019 residential sales in June 2011, worth AED 3,2 млрд in total - -9.9% versus the previous month and -49.0% versus a year earlier.

The median sale price was AED 1,4 млн, at a median of AED 815 per ft² (-5.5% month-on-month, -10.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 2 377 contracts were registered in June 2011, with a median annual rent of AED 61 тыс..

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