Market reports / February 2012

Dubai property market - February 2012

2 677
Registered sales
AED 4 млрд
Total value
AED 1,2 млн
Median price
AED 823
Median per ft²
6 572
Rent contracts
AED 87,6 тыс.
Median annual rent

Dubai recorded 2 677 residential sales in February 2012, worth AED 4 млрд in total - +9.8% versus the previous month and -2.3% versus a year earlier.

The median sale price was AED 1,2 млн, at a median of AED 823 per ft² (-4.6% month-on-month, -5.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 6 572 contracts were registered in February 2012, with a median annual rent of AED 87,6 тыс..

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