Market reports / October 2017
Dubai property market - October 2017
- 3 448
- Registered sales
- AED 5,1 Md
- Total value
- AED 1,3 M
- Median price
- AED 1 095
- Median per ft²
- 29 393
- Rent contracts
- AED 202,9 k
- Median annual rent
Dubai recorded 3 448 residential sales in October 2017, worth AED 5,1 Md in total - +40.7% versus the previous month and +19.1% versus a year earlier.
The median sale price was AED 1,3 M, at a median of AED 1 095 per ft² (-6.5% month-on-month, +0.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 29 393 contracts were registered in October 2017, with a median annual rent of AED 202,9 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.