Market reports / June 2012

Dubai property market - June 2012

2,517
Registered sales
AED 38.2亿
Total value
AED 130.3万
Median price
AED 814
Median per ft²
8,186
Rent contracts
AED 6.2万
Median annual rent

Dubai recorded 2,517 residential sales in June 2012, worth AED 38.2亿 in total - -20.4% versus the previous month and +24.7% versus a year earlier.

The median sale price was AED 130.3万, at a median of AED 814 per ft² (-3.4% month-on-month, -0.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 8,186 contracts were registered in June 2012, with a median annual rent of AED 6.2万.

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