Market reports / August 2019
Dubai property market - August 2019
- 2 095
- Registered sales
- AED 3,2 Md
- Total value
- AED 1,3 M
- Median price
- AED 1 051
- Median per ft²
- 33 581
- Rent contracts
- AED 141,7 k
- Median annual rent
Dubai recorded 2 095 residential sales in August 2019, worth AED 3,2 Md in total - -43.2% versus the previous month and +45.6% versus a year earlier.
The median sale price was AED 1,3 M, at a median of AED 1 051 per ft² (-9.5% month-on-month, -5.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 33 581 contracts were registered in August 2019, with a median annual rent of AED 141,7 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.