Market reports / August 2020
Dubai property market - August 2020
- 2.047
- Registered sales
- AED 3,2 Mrd.
- Total value
- AED 1,3 Mio.
- Median price
- AED 991
- Median per ft²
- 36.563
- Rent contracts
- AED 71.460,4
- Median annual rent
Dubai recorded 2.047 residential sales in August 2020, worth AED 3,2 Mrd. in total - -9.5% versus the previous month and -2.3% versus a year earlier.
The median sale price was AED 1,3 Mio., at a median of AED 991 per ft² (-4.0% month-on-month, -5.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 36.563 contracts were registered in August 2020, with a median annual rent of AED 71.460,4.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.