Market reports / October 2011

Dubai property market - October 2011

2 382
Registered sales
AED 3,5 млрд
Total value
AED 1,2 млн
Median price
AED 777
Median per ft²
5 356
Rent contracts
AED 163,5 тыс.
Median annual rent

Dubai recorded 2 382 residential sales in October 2011, worth AED 3,5 млрд in total - +36.9% versus the previous month and +13.3% versus a year earlier.

The median sale price was AED 1,2 млн, at a median of AED 777 per ft² (-12.8% month-on-month, -8.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 5 356 contracts were registered in October 2011, with a median annual rent of AED 163,5 тыс..

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