Market reports / November 2017

Dubai property market - November 2017

2.868
Registered sales
AED 4,2 Mrd.
Total value
AED 1,3 Mio.
Median price
AED 1.185
Median per ft²
27.835
Rent contracts
AED 186.346
Median annual rent

Dubai recorded 2.868 residential sales in November 2017, worth AED 4,2 Mrd. in total - -16.8% versus the previous month and -4.7% versus a year earlier.

The median sale price was AED 1,3 Mio., at a median of AED 1.185 per ft² (+8.2% month-on-month, +10.9% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 27.835 contracts were registered in November 2017, with a median annual rent of AED 186.346.

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