Market reports / January 2018
Dubai property market - January 2018
- 3.030
- Registered sales
- AED 4,5 Mrd.
- Total value
- AED 1,3 Mio.
- Median price
- AED 1.228
- Median per ft²
- 44.582
- Rent contracts
- AED 116.973,5
- Median annual rent
Dubai recorded 3.030 residential sales in January 2018, worth AED 4,5 Mrd. in total - -11.1% versus the previous month and -21.0% versus a year earlier.
The median sale price was AED 1,3 Mio., at a median of AED 1.228 per ft² (-1.7% month-on-month, +6.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 44.582 contracts were registered in January 2018, with a median annual rent of AED 116.973,5.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.