Market reports / June 2018
Dubai property market - June 2018
- 2 121
- Registered sales
- AED 3,3 Md
- Total value
- AED 1,4 M
- Median price
- AED 1 096
- Median per ft²
- 27 390
- Rent contracts
- AED 99 k
- Median annual rent
Dubai recorded 2 121 residential sales in June 2018, worth AED 3,3 Md in total - -33.7% versus the previous month and -5.8% versus a year earlier.
The median sale price was AED 1,4 M, at a median of AED 1 096 per ft² (-8.6% month-on-month, -0.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 27 390 contracts were registered in June 2018, with a median annual rent of AED 99 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.