Market reports / May 2016
Dubai property market - May 2016
- 3 240
- Registered sales
- AED 5,9 млрд
- Total value
- AED 1,6 млн
- Median price
- AED 1 125
- Median per ft²
- 23 244
- Rent contracts
- AED 88,9 тыс.
- Median annual rent
Dubai recorded 3 240 residential sales in May 2016, worth AED 5,9 млрд in total - -2.3% versus the previous month and +5.2% versus a year earlier.
The median sale price was AED 1,6 млн, at a median of AED 1 125 per ft² (-2.0% month-on-month, -1.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 23 244 contracts were registered in May 2016, with a median annual rent of AED 88,9 тыс..
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.