Market reports / December 2014

Dubai property market - December 2014

4,826
Registered sales
AED 88.4亿
Total value
AED 157.9万
Median price
AED 1,197
Median per ft²
20,505
Rent contracts
AED 8.8万
Median annual rent

Dubai recorded 4,826 residential sales in December 2014, worth AED 88.4亿 in total - +14.7% versus the previous month and -36.0% versus a year earlier.

The median sale price was AED 157.9万, at a median of AED 1,197 per ft² (+0.2% month-on-month, +5.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 20,505 contracts were registered in December 2014, with a median annual rent of AED 8.8万.

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