Market reports / July 2019
Dubai property market - July 2019
- 3 687
- Registered sales
- AED 6 Md
- Total value
- AED 1,4 M
- Median price
- AED 1 161
- Median per ft²
- 34 890
- Rent contracts
- AED 186,7 k
- Median annual rent
Dubai recorded 3 687 residential sales in July 2019, worth AED 6 Md in total - +87.0% versus the previous month and +41.7% versus a year earlier.
The median sale price was AED 1,4 M, at a median of AED 1 161 per ft² (-4.7% month-on-month, -2.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 34 890 contracts were registered in July 2019, with a median annual rent of AED 186,7 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.