Market reports / March 2019
Dubai property market - March 2019
- 2 505
- Registered sales
- AED 3,8 Md
- Total value
- AED 1,3 M
- Median price
- AED 1 141
- Median per ft²
- 31 266
- Rent contracts
- AED 117,3 k
- Median annual rent
Dubai recorded 2 505 residential sales in March 2019, worth AED 3,8 Md in total - -8.8% versus the previous month and +1.5% versus a year earlier.
The median sale price was AED 1,3 M, at a median of AED 1 141 per ft² (-2.3% month-on-month, -6.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 31 266 contracts were registered in March 2019, with a median annual rent of AED 117,3 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.