Market reports / July 2018
Dubai property market - July 2018
- 2 602
- Registered sales
- AED 4,4 Md
- Total value
- AED 1,5 M
- Median price
- AED 1 191
- Median per ft²
- 32 083
- Rent contracts
- AED 155,6 k
- Median annual rent
Dubai recorded 2 602 residential sales in July 2018, worth AED 4,4 Md in total - +22.7% versus the previous month and -26.2% versus a year earlier.
The median sale price was AED 1,5 M, at a median of AED 1 191 per ft² (+8.6% month-on-month, +2.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 32 083 contracts were registered in July 2018, with a median annual rent of AED 155,6 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.