Market reports / June 2017
Dubai property market - June 2017
- 2 252
- Registered sales
- AED 3,7 Md
- Total value
- AED 1,4 M
- Median price
- AED 1 098
- Median per ft²
- 25 204
- Rent contracts
- AED 118,2 k
- Median annual rent
Dubai recorded 2 252 residential sales in June 2017, worth AED 3,7 Md in total - -40.7% versus the previous month and -27.4% versus a year earlier.
The median sale price was AED 1,4 M, at a median of AED 1 098 per ft² (-3.4% month-on-month, -0.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 25 204 contracts were registered in June 2017, with a median annual rent of AED 118,2 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.