Market reports / February 2017

Dubai property market - February 2017

3,890
Registered sales
AED 70.5億
Total value
AED 166.1萬
Median price
AED 1,181
Median per ft²
23,603
Rent contracts
AED 8.8萬
Median annual rent

Dubai recorded 3,890 residential sales in February 2017, worth AED 70.5億 in total - +1.4% versus the previous month and -8.3% versus a year earlier.

The median sale price was AED 166.1萬, at a median of AED 1,181 per ft² (+2.8% month-on-month, +2.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 23,603 contracts were registered in February 2017, 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.