Market reports / January 2017

Dubai property market - January 2017

3 837
Registered sales
AED 6,3 млрд
Total value
AED 1,5 млн
Median price
AED 1 149
Median per ft²
40 655
Rent contracts
AED 98,1 тыс.
Median annual rent

Dubai recorded 3 837 residential sales in January 2017, worth AED 6,3 млрд in total - +39.0% versus the previous month and +47.2% versus a year earlier.

The median sale price was AED 1,5 млн, at a median of AED 1 149 per ft² (+1.9% month-on-month, -0.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 40 655 contracts were registered in January 2017, with a median annual rent of AED 98,1 тыс..

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