Market reports / January 2019
Dubai property market - January 2019
- 1.994
- Registered sales
- AED 3 Mrd.
- Total value
- AED 1,3 Mio.
- Median price
- AED 1.075
- Median per ft²
- 45.498
- Rent contracts
- AED 112.073,4
- Median annual rent
Dubai recorded 1.994 residential sales in January 2019, worth AED 3 Mrd. in total - -11.1% versus the previous month and -34.2% versus a year earlier.
The median sale price was AED 1,3 Mio., at a median of AED 1.075 per ft² (-8.6% month-on-month, -12.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 45.498 contracts were registered in January 2019, with a median annual rent of AED 112.073,4.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.