Market reports / March 2018
Dubai property market - March 2018
- 2 468
- Registered sales
- AED 3,9 Md
- Total value
- AED 1,4 M
- Median price
- AED 1 220
- Median per ft²
- 29 287
- Rent contracts
- AED 100,6 k
- Median annual rent
Dubai recorded 2 468 residential sales in March 2018, worth AED 3,9 Md in total - -6.3% versus the previous month and -44.0% versus a year earlier.
The median sale price was AED 1,4 M, at a median of AED 1 220 per ft² (-2.1% month-on-month, +8.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 29 287 contracts were registered in March 2018, with a median annual rent of AED 100,6 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.