Market reports / February 2012

Dubai property market - February 2012

2,677
Registered sales
AED 40.1億
Total value
AED 123.7萬
Median price
AED 823
Median per ft²
6,572
Rent contracts
AED 8.8萬
Median annual rent

Dubai recorded 2,677 residential sales in February 2012, worth AED 40.1億 in total - +9.8% versus the previous month and -2.3% versus a year earlier.

The median sale price was AED 123.7萬, at a median of AED 823 per ft² (-4.6% month-on-month, -5.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 6,572 contracts were registered in February 2012, with a median annual rent of AED 8.8萬.

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