Market reports / October 2019
Dubai property market - October 2019
- 4 350
- Registered sales
- AED 6,4 Md
- Total value
- AED 1,3 M
- Median price
- AED 1 085
- Median per ft²
- 34 379
- Rent contracts
- AED 119,2 k
- Median annual rent
Dubai recorded 4 350 residential sales in October 2019, worth AED 6,4 Md in total - +50.2% versus the previous month and +48.1% versus a year earlier.
The median sale price was AED 1,3 M, at a median of AED 1 085 per ft² (-2.0% month-on-month, -4.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 34 379 contracts were registered in October 2019, with a median annual rent of AED 119,2 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.