Market reports / March 2019

Dubai property market - March 2019

2.505
Registered sales
AED 3,8 Mrd.
Total value
AED 1,3 Mio.
Median price
AED 1.141
Median per ft²
31.266
Rent contracts
AED 117.289,9
Median annual rent

Dubai recorded 2.505 residential sales in March 2019, worth AED 3,8 Mrd. in total - -8.8% versus the previous month and +1.5% versus a year earlier.

The median sale price was AED 1,3 Mio., at a median of AED 1.141 per ft² (-2.3% month-on-month, -6.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 31.266 contracts were registered in March 2019, with a median annual rent of AED 117.289,9.

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