Market reports / February 2019

Dubai property market - February 2019

2,747
Registered sales
AED 4.7 مليار
Total value
AED 1.6 مليون
Median price
AED 1,168
Median per ft²
29,757
Rent contracts
AED 94.4 ألف
Median annual rent

Dubai recorded 2,747 residential sales in February 2019, worth AED 4.7 مليار in total - +37.8% versus the previous month and +4.3% versus a year earlier.

The median sale price was AED 1.6 مليون, at a median of AED 1,168 per ft² (+8.6% month-on-month, -6.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 29,757 contracts were registered in February 2019, with a median annual rent of AED 94.4 ألف.

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