Market reports / October 2016
Dubai property market - October 2016
- 2 894
- Registered sales
- AED 4,5 млрд
- Total value
- AED 1,4 млн
- Median price
- AED 1 086
- Median per ft²
- 24 718
- Rent contracts
- AED 110,9 тыс.
- Median annual rent
Dubai recorded 2 894 residential sales in October 2016, worth AED 4,5 млрд in total - +39.3% versus the previous month and +13.6% versus a year earlier.
The median sale price was AED 1,4 млн, at a median of AED 1 086 per ft² (-0.2% month-on-month, -3.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 24 718 contracts were registered in October 2016, with a median annual rent of AED 110,9 тыс..
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.