Market reports / May 2019
Dubai property market - May 2019
- 3,034
- Registered sales
- AED 4.7 مليار
- Total value
- AED 1.3 مليون
- Median price
- AED 1,171
- Median per ft²
- 30,049
- Rent contracts
- AED 85.1 ألف
- Median annual rent
Dubai recorded 3,034 residential sales in May 2019, worth AED 4.7 مليار in total - +2.8% versus the previous month and -5.2% versus a year earlier.
The median sale price was AED 1.3 مليون, at a median of AED 1,171 per ft² (+6.3% month-on-month, -2.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 30,049 contracts were registered in May 2019, with a median annual rent of AED 85.1 ألف.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.