Market reports / November 2011

Dubai property market - November 2011

1 709
Registered sales
AED 2,6 млрд
Total value
AED 1,3 млн
Median price
AED 843
Median per ft²
4 717
Rent contracts
AED 57,7 тыс.
Median annual rent

Dubai recorded 1 709 residential sales in November 2011, worth AED 2,6 млрд in total - -28.3% versus the previous month and +13.8% versus a year earlier.

The median sale price was AED 1,3 млн, at a median of AED 843 per ft² (+8.5% month-on-month, -12.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 4 717 contracts were registered in November 2011, with a median annual rent of AED 57,7 тыс..

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