Market reports / December 2016

Dubai property market - December 2016

2 760
Registered sales
AED 4,8 млрд
Total value
AED 1,4 млн
Median price
AED 1 128
Median per ft²
22 899
Rent contracts
AED 88,9 тыс.
Median annual rent

Dubai recorded 2 760 residential sales in December 2016, worth AED 4,8 млрд in total - -8.3% versus the previous month and -30.7% versus a year earlier.

The median sale price was AED 1,4 млн, at a median of AED 1 128 per ft² (+5.6% month-on-month, +3.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 22 899 contracts were registered in December 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.