Market reports / June 2018

Dubai property market - June 2018

2.121
Registered sales
AED 3,3 Mrd.
Total value
AED 1,4 Mio.
Median price
AED 1.096
Median per ft²
27.390
Rent contracts
AED 98.993,5
Median annual rent

Dubai recorded 2.121 residential sales in June 2018, worth AED 3,3 Mrd. in total - -33.7% versus the previous month and -5.8% versus a year earlier.

The median sale price was AED 1,4 Mio., at a median of AED 1.096 per ft² (-8.6% month-on-month, -0.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 27.390 contracts were registered in June 2018, with a median annual rent of AED 98.993,5.

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