Market reports / June 2019

Dubai property market - June 2019

1.972
Registered sales
AED 3,4 Mrd.
Total value
AED 1,5 Mio.
Median price
AED 1.218
Median per ft²
28.153
Rent contracts
AED 82.374,5
Median annual rent

Dubai recorded 1.972 residential sales in June 2019, worth AED 3,4 Mrd. in total - -35.0% versus the previous month and -7.0% versus a year earlier.

The median sale price was AED 1,5 Mio., at a median of AED 1.218 per ft² (+4.0% month-on-month, +11.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 28.153 contracts were registered in June 2019, with a median annual rent of AED 82.374,5.

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