Market reports / July 2012

Dubai property market - July 2012

2 837
Registered sales
AED 4,3 млрд
Total value
AED 1,3 млн
Median price
AED 16 500
Median per ft²
9 591
Rent contracts
AED 63,4 тыс.
Median annual rent

Dubai recorded 2 837 residential sales in July 2012, worth AED 4,3 млрд in total - +12.7% versus the previous month and +15.6% versus a year earlier.

The median sale price was AED 1,3 млн, at a median of AED 16 500 per ft² (+1927.2% month-on-month, +1888.9% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 9 591 contracts were registered in July 2012, with a median annual rent of AED 63,4 тыс..

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