Market reports / May 2013

Dubai property market - May 2013

5,374
Registered sales
AED 96.8亿
Total value
AED 150.2万
Median price
AED 971
Median per ft²
15,607
Rent contracts
AED 9万
Median annual rent

Dubai recorded 5,374 residential sales in May 2013, worth AED 96.8亿 in total - -0.8% versus the previous month and +70.0% versus a year earlier.

The median sale price was AED 150.2万, at a median of AED 971 per ft² (+1.7% month-on-month, +15.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 15,607 contracts were registered in May 2013, with a median annual rent of AED 9万.

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