Market reports / August 2019
Dubai property market - August 2019
- 2.095
- Registered sales
- AED 3,2 Mrd.
- Total value
- AED 1,3 Mio.
- Median price
- AED 1.051
- Median per ft²
- 33.581
- Rent contracts
- AED 141.736,3
- Median annual rent
Dubai recorded 2.095 residential sales in August 2019, worth AED 3,2 Mrd. in total - -43.2% versus the previous month and +45.6% versus a year earlier.
The median sale price was AED 1,3 Mio., at a median of AED 1.051 per ft² (-9.5% month-on-month, -5.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 33.581 contracts were registered in August 2019, with a median annual rent of AED 141.736,3.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.