Market reports / April 2016

Dubai property market - April 2016

3,316
Registered sales
AED 52.1亿
Total value
AED 138.2万
Median price
AED 1,148
Median per ft²
24,931
Rent contracts
AED 9.6万
Median annual rent

Dubai recorded 3,316 residential sales in April 2016, worth AED 52.1亿 in total - +37.5% versus the previous month and +31.0% versus a year earlier.

The median sale price was AED 138.2万, at a median of AED 1,148 per ft² (+7.8% month-on-month, -3.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 24,931 contracts were registered in April 2016, with a median annual rent of AED 9.6万.

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