Market reports / March 2020
Dubai property market - March 2020
- 2,887
- Registered sales
- AED 4.8 مليار
- Total value
- AED 1.5 مليون
- Median price
- AED 1,218
- Median per ft²
- 31,852
- Rent contracts
- AED 74.3 ألف
- Median annual rent
Dubai recorded 2,887 residential sales in March 2020, worth AED 4.8 مليار in total - -17.5% versus the previous month and +15.2% versus a year earlier.
The median sale price was AED 1.5 مليون, at a median of AED 1,218 per ft² (+3.4% month-on-month, +6.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 31,852 contracts were registered in March 2020, with a median annual rent of AED 74.3 ألف.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.