Market reports / May 2020
Dubai property market - May 2020
- 1,211
- Registered sales
- AED 1.8 مليار
- Total value
- AED 1.2 مليون
- Median price
- AED 1,242
- Median per ft²
- 25,401
- Rent contracts
- AED 97.4 ألف
- Median annual rent
Dubai recorded 1,211 residential sales in May 2020, worth AED 1.8 مليار in total - -19.7% versus the previous month and -60.1% versus a year earlier.
The median sale price was AED 1.2 مليون, at a median of AED 1,242 per ft² (-14.6% month-on-month, +6.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 25,401 contracts were registered in May 2020, with a median annual rent of AED 97.4 ألف.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.