Market reports / May 2019
Dubai property market - May 2019
- 3 034
- Registered sales
- AED 4,7 Md
- Total value
- AED 1,3 M
- Median price
- AED 1 171
- Median per ft²
- 30 049
- Rent contracts
- AED 85,1 k
- Median annual rent
Dubai recorded 3 034 residential sales in May 2019, worth AED 4,7 Md in total - +2.8% versus the previous month and -5.2% versus a year earlier.
The median sale price was AED 1,3 M, at a median of AED 1 171 per ft² (+6.3% month-on-month, -2.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 30 049 contracts were registered in May 2019, with a median annual rent of AED 85,1 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.