Market reports / January 2012

Dubai property market - January 2012

2,438
Registered sales
AED 35.7億
Total value
AED 124.4萬
Median price
AED 863
Median per ft²
13,328
Rent contracts
AED 6.5萬
Median annual rent

Dubai recorded 2,438 residential sales in January 2012, worth AED 35.7億 in total - -7.3% versus the previous month and -5.4% versus a year earlier.

The median sale price was AED 124.4萬, at a median of AED 863 per ft² (-3.8% month-on-month, -3.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 13,328 contracts were registered in January 2012, with a median annual rent of AED 6.5萬.

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