Market reports / May 2019
Dubai property market - May 2019
- 3.034
- Registered sales
- AED 4,7 Mrd.
- Total value
- AED 1,3 Mio.
- Median price
- AED 1.171
- Median per ft²
- 30.049
- Rent contracts
- AED 85.100,5
- Median annual rent
Dubai recorded 3.034 residential sales in May 2019, worth AED 4,7 Mrd. in total - +2.8% versus the previous month and -5.2% versus a year earlier.
The median sale price was AED 1,3 Mio., at a median of AED 1.171 per ft² (+6.3% month-on-month, -2.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 30.049 contracts were registered in May 2019, with a median annual rent of AED 85.100,5.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.