Market reports / January 2018

Dubai property market - January 2018

3,030
Registered sales
AED 4.5 مليار
Total value
AED 1.3 مليون
Median price
AED 1,228
Median per ft²
44,582
Rent contracts
AED 117 ألف
Median annual rent

Dubai recorded 3,030 residential sales in January 2018, worth AED 4.5 مليار in total - -11.1% versus the previous month and -21.0% versus a year earlier.

The median sale price was AED 1.3 مليون, at a median of AED 1,228 per ft² (-1.7% month-on-month, +6.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 44,582 contracts were registered in January 2018, with a median annual rent of AED 117 ألف.

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