Market reports / February 2015

Dubai property market - February 2015

3 185
Registered sales
AED 5,7 млрд
Total value
AED 1,5 млн
Median price
AED 1 205
Median per ft²
21 171
Rent contracts
AED 108 тыс.
Median annual rent

Dubai recorded 3 185 residential sales in February 2015, worth AED 5,7 млрд in total - -15.8% versus the previous month and -23.6% versus a year earlier.

The median sale price was AED 1,5 млн, at a median of AED 1 205 per ft² (+4.5% month-on-month, +5.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 21 171 contracts were registered in February 2015, with a median annual rent of AED 108 тыс..

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