Market reports / July 2013

Dubai property market - July 2013

5,266
Registered sales
AED 98.7亿
Total value
AED 159.7万
Median price
AED 1,092
Median per ft²
22,121
Rent contracts
AED 6.7万
Median annual rent

Dubai recorded 5,266 residential sales in July 2013, worth AED 98.7亿 in total - +1.3% versus the previous month and +85.6% versus a year earlier.

The median sale price was AED 159.7万, at a median of AED 1,092 per ft² (+8.8% month-on-month, -93.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 22,121 contracts were registered in July 2013, 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.