Market reports / November 2018
Dubai property market - November 2018
- 2.372
- Registered sales
- AED 3,7 Mrd.
- Total value
- AED 1,4 Mio.
- Median price
- AED 1.169
- Median per ft²
- 29.267
- Rent contracts
- AED 95.179,2
- Median annual rent
Dubai recorded 2.372 residential sales in November 2018, worth AED 3,7 Mrd. in total - -19.3% versus the previous month and -17.3% versus a year earlier.
The median sale price was AED 1,4 Mio., at a median of AED 1.169 per ft² (+2.9% month-on-month, -1.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 29.267 contracts were registered in November 2018, with a median annual rent of AED 95.179,2.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.