Market reports / November 2012

Dubai property market - November 2012

3,102
Registered sales
AED 55.4亿
Total value
AED 150.1万
Median price
AED 1,074
Median per ft²
10,614
Rent contracts
AED 10.3万
Median annual rent

Dubai recorded 3,102 residential sales in November 2012, worth AED 55.4亿 in total - -18.7% versus the previous month and +81.5% versus a year earlier.

The median sale price was AED 150.1万, at a median of AED 1,074 per ft² (+19.0% month-on-month, +27.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 10,614 contracts were registered in November 2012, with a median annual rent of AED 10.3万.

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