Market reports / December 2012

Dubai property market - December 2012

4,108
Registered sales
AED 68.9亿
Total value
AED 138.5万
Median price
AED 963
Median per ft²
11,231
Rent contracts
AED 6.7万
Median annual rent

Dubai recorded 4,108 residential sales in December 2012, worth AED 68.9亿 in total - +32.4% versus the previous month and +56.1% versus a year earlier.

The median sale price was AED 138.5万, at a median of AED 963 per ft² (-10.3% month-on-month, +7.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 11,231 contracts were registered in December 2012, with a median annual rent of AED 6.7万.

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