Market reports / January 2011

Dubai property market - January 2011

2,578
Registered sales
AED 43億
Total value
AED 146萬
Median price
AED 889
Median per ft²
4,220
Rent contracts
AED 6.2萬
Median annual rent

Dubai recorded 2,578 residential sales in January 2011, worth AED 43億 in total - +76.9% versus the previous month and +56.6% versus a year earlier.

The median sale price was AED 146萬, at a median of AED 889 per ft² (+4.0% month-on-month, -9.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 4,220 contracts were registered in January 2011, with a median annual rent of AED 6.2萬.

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