Market reports / August 2012

Dubai property market - August 2012

1 850
Registered sales
AED 3 млрд
Total value
AED 1,4 млн
Median price
AED 826
Median per ft²
9 409
Rent contracts
AED 66,3 тыс.
Median annual rent

Dubai recorded 1 850 residential sales in August 2012, worth AED 3 млрд in total - -34.8% versus the previous month and -0.9% versus a year earlier.

The median sale price was AED 1,4 млн, at a median of AED 826 per ft² (-95.0% month-on-month, -2.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 9 409 contracts were registered in August 2012, with a median annual rent of AED 66,3 тыс..

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