Market reports / March 2017
Dubai property market - March 2017
- 4 409
- Registered sales
- AED 7,7 Md
- Total value
- AED 1,5 M
- Median price
- AED 1 121
- Median per ft²
- 25 596
- Rent contracts
- AED 108,4 k
- Median annual rent
Dubai recorded 4 409 residential sales in March 2017, worth AED 7,7 Md in total - +13.3% versus the previous month and +82.9% versus a year earlier.
The median sale price was AED 1,5 M, at a median of AED 1 121 per ft² (-5.2% month-on-month, +5.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 25 596 contracts were registered in March 2017, with a median annual rent of AED 108,4 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.