Market reports / December 2015

Dubai property market - December 2015

3,985
Registered sales
AED 66.4亿
Total value
AED 146.3万
Median price
AED 1,095
Median per ft²
21,114
Rent contracts
AED 9.3万
Median annual rent

Dubai recorded 3,985 residential sales in December 2015, worth AED 66.4亿 in total - -15.8% versus the previous month and -17.4% versus a year earlier.

The median sale price was AED 146.3万, at a median of AED 1,095 per ft² (+2.7% month-on-month, -8.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 21,114 contracts were registered in December 2015, with a median annual rent of AED 9.3万.

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