Market reports / August 2011

Dubai property market - August 2011

1 867
Registered sales
AED 2,5 млрд
Total value
AED 1,2 млн
Median price
AED 848
Median per ft²
3 793
Rent contracts
AED 60,4 тыс.
Median annual rent

Dubai recorded 1 867 residential sales in August 2011, worth AED 2,5 млрд in total - -23.9% versus the previous month and -33.7% versus a year earlier.

The median sale price was AED 1,2 млн, at a median of AED 848 per ft² (+2.3% month-on-month, -5.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 3 793 contracts were registered in August 2011, with a median annual rent of AED 60,4 тыс..

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