Market reports / April 2018
Dubai property market - April 2018
- 2 597
- Registered sales
- AED 4,3 Md
- Total value
- AED 1,5 M
- Median price
- AED 1 238
- Median per ft²
- 29 923
- Rent contracts
- AED 89,4 k
- Median annual rent
Dubai recorded 2 597 residential sales in April 2018, worth AED 4,3 Md in total - +5.2% versus the previous month and -33.9% versus a year earlier.
The median sale price was AED 1,5 M, at a median of AED 1 238 per ft² (+1.5% month-on-month, +7.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 29 923 contracts were registered in April 2018, with a median annual rent of AED 89,4 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.