Market reports / March 2016
Dubai property market - March 2016
- 2,411
- Registered sales
- AED 44.2億
- Total value
- AED 158.5萬
- Median price
- AED 1,065
- Median per ft²
- 22,438
- Rent contracts
- AED 10.6萬
- Median annual rent
Dubai recorded 2,411 residential sales in March 2016, worth AED 44.2億 in total - -43.2% versus the previous month and -24.4% versus a year earlier.
The median sale price was AED 158.5萬, at a median of AED 1,065 per ft² (-8.0% month-on-month, -15.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 22,438 contracts were registered in March 2016, with a median annual rent of AED 10.6萬.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.