Market reports / October 2018
Dubai property market - October 2018
- 2.938
- Registered sales
- AED 4,3 Mrd.
- Total value
- AED 1,3 Mio.
- Median price
- AED 1.137
- Median per ft²
- 31.376
- Rent contracts
- AED 120.151,8
- Median annual rent
Dubai recorded 2.938 residential sales in October 2018, worth AED 4,3 Mrd. in total - +36.0% versus the previous month and -14.8% versus a year earlier.
The median sale price was AED 1,3 Mio., at a median of AED 1.137 per ft² (+5.8% month-on-month, +3.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 31.376 contracts were registered in October 2018, with a median annual rent of AED 120.151,8.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.