Market reports / November 2019

Dubai property market - November 2019

2 873
Registered sales
AED 4,7 Md
Total value
AED 1,4 M
Median price
AED 1 183
Median per ft²
31 913
Rent contracts
AED 74,8 k
Median annual rent

Dubai recorded 2 873 residential sales in November 2019, worth AED 4,7 Md in total - -34.0% versus the previous month and +21.1% versus a year earlier.

The median sale price was AED 1,4 M, at a median of AED 1 183 per ft² (+9.0% month-on-month, +1.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 31 913 contracts were registered in November 2019, with a median annual rent of AED 74,8 k.

For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.