Market reports / June 2017

Dubai property market - June 2017

2.252
Registered sales
AED 3,7 Mrd.
Total value
AED 1,4 Mio.
Median price
AED 1.098
Median per ft²
25.204
Rent contracts
AED 118.223,8
Median annual rent

Dubai recorded 2.252 residential sales in June 2017, worth AED 3,7 Mrd. in total - -40.7% versus the previous month and -27.4% versus a year earlier.

The median sale price was AED 1,4 Mio., at a median of AED 1.098 per ft² (-3.4% month-on-month, -0.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 25.204 contracts were registered in June 2017, with a median annual rent of AED 118.223,8.

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