Market reports / March 2012

Dubai property market - March 2012

2 359
Registered sales
AED 3,9 млрд
Total value
AED 1,3 млн
Median price
AED 881
Median per ft²
6 792
Rent contracts
AED 101,5 тыс.
Median annual rent

Dubai recorded 2 359 residential sales in March 2012, worth AED 3,9 млрд in total - -11.9% versus the previous month and -15.5% versus a year earlier.

The median sale price was AED 1,3 млн, at a median of AED 881 per ft² (+7.1% month-on-month, +2.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 6 792 contracts were registered in March 2012, with a median annual rent of AED 101,5 тыс..

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