Market reports / February 2019
Dubai property market - February 2019
- 2 747
- Registered sales
- AED 4,7 Md
- Total value
- AED 1,6 M
- Median price
- AED 1 168
- Median per ft²
- 29 757
- Rent contracts
- AED 94,4 k
- Median annual rent
Dubai recorded 2 747 residential sales in February 2019, worth AED 4,7 Md in total - +37.8% versus the previous month and +4.3% versus a year earlier.
The median sale price was AED 1,6 M, at a median of AED 1 168 per ft² (+8.6% month-on-month, -6.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 29 757 contracts were registered in February 2019, with a median annual rent of AED 94,4 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.