Market reports / October 2019
Dubai property market - October 2019
- 4.350
- Registered sales
- AED 6,4 Mrd.
- Total value
- AED 1,3 Mio.
- Median price
- AED 1.085
- Median per ft²
- 34.379
- Rent contracts
- AED 119.203,6
- Median annual rent
Dubai recorded 4.350 residential sales in October 2019, worth AED 6,4 Mrd. in total - +50.2% versus the previous month and +48.1% versus a year earlier.
The median sale price was AED 1,3 Mio., at a median of AED 1.085 per ft² (-2.0% month-on-month, -4.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 34.379 contracts were registered in October 2019, with a median annual rent of AED 119.203,6.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.