Market reports / August 2019

Dubai property market - August 2019

2,095
Registered sales
AED 3.2 مليار
Total value
AED 1.3 مليون
Median price
AED 1,051
Median per ft²
33,581
Rent contracts
AED 141.7 ألف
Median annual rent

Dubai recorded 2,095 residential sales in August 2019, worth AED 3.2 مليار in total - -43.2% versus the previous month and +45.6% versus a year earlier.

The median sale price was AED 1.3 مليون, at a median of AED 1,051 per ft² (-9.5% month-on-month, -5.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 33,581 contracts were registered in August 2019, with a median annual rent of AED 141.7 ألف.

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