Market reports / August 2011
Dubai property market - August 2011
- 1,867
- Registered sales
- AED 25.4億
- Total value
- AED 118.3萬
- Median price
- AED 848
- Median per ft²
- 3,793
- Rent contracts
- AED 6萬
- Median annual rent
Dubai recorded 1,867 residential sales in August 2011, worth AED 25.4億 in total - -23.9% versus the previous month and -33.7% versus a year earlier.
The median sale price was AED 118.3萬, at a median of AED 848 per ft² (+2.3% month-on-month, -5.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 3,793 contracts were registered in August 2011, with a median annual rent of AED 6萬.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.