Market reports / November 2017
Dubai property market - November 2017
- 2 868
- Registered sales
- AED 4,2 Md
- Total value
- AED 1,3 M
- Median price
- AED 1 185
- Median per ft²
- 27 835
- Rent contracts
- AED 186,3 k
- Median annual rent
Dubai recorded 2 868 residential sales in November 2017, worth AED 4,2 Md in total - -16.8% versus the previous month and -4.7% versus a year earlier.
The median sale price was AED 1,3 M, at a median of AED 1 185 per ft² (+8.2% month-on-month, +10.9% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 27 835 contracts were registered in November 2017, with a median annual rent of AED 186,3 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.