Market reports / August 2011

Dubai property market - August 2011

1,867
Registered sales
AED 25.4亿
Total value
AED 118.3万
Median price
AED 848
Median per ft²
3,793
Rent contracts
AED 6万
Median annual rent

Dubai recorded 1,867 residential sales in August 2011, worth AED 25.4亿 in total - -23.9% versus the previous month and -33.7% versus a year earlier.

The median sale price was AED 118.3万, 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 6万.

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