Market reports / January 2016
Dubai property market - January 2016
- 2,607
- Registered sales
- AED 48.6亿
- Total value
- AED 164.4万
- Median price
- AED 1,159
- Median per ft²
- 39,703
- Rent contracts
- AED 7.9万
- Median annual rent
Dubai recorded 2,607 residential sales in January 2016, worth AED 48.6亿 in total - -34.6% versus the previous month and -31.0% versus a year earlier.
The median sale price was AED 164.4万, at a median of AED 1,159 per ft² (+5.8% month-on-month, +0.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 39,703 contracts were registered in January 2016, with a median annual rent of AED 7.9万.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.