Market reports / April 2020
Dubai property market - April 2020
- 1.508
- Registered sales
- AED 2,7 Mrd.
- Total value
- AED 1,5 Mio.
- Median price
- AED 1.454
- Median per ft²
- 26.705
- Rent contracts
- AED 130.599
- Median annual rent
Dubai recorded 1.508 residential sales in April 2020, worth AED 2,7 Mrd. in total - -47.8% versus the previous month and -48.9% versus a year earlier.
The median sale price was AED 1,5 Mio., at a median of AED 1.454 per ft² (+19.4% month-on-month, +32.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 26.705 contracts were registered in April 2020, with a median annual rent of AED 130.599.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.