Market reports / July 2020

Dubai property market - July 2020

2.263
Registered sales
AED 3,7 Mrd.
Total value
AED 1,4 Mio.
Median price
AED 1.032
Median per ft²
36.791
Rent contracts
AED 136.025,8
Median annual rent

Dubai recorded 2.263 residential sales in July 2020, worth AED 3,7 Mrd. in total - +12.5% versus the previous month and -38.6% versus a year earlier.

The median sale price was AED 1,4 Mio., at a median of AED 1.032 per ft² (-11.2% month-on-month, -11.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 36.791 contracts were registered in July 2020, with a median annual rent of AED 136.025,8.

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