Market reports / January 2020
Dubai property market - January 2020
- 2 511
- Registered sales
- AED 3,6 Md
- Total value
- AED 1,2 M
- Median price
- AED 1 061
- Median per ft²
- 45 800
- Rent contracts
- AED 107,2 k
- Median annual rent
Dubai recorded 2 511 residential sales in January 2020, worth AED 3,6 Md in total - -36.7% versus the previous month and +25.9% versus a year earlier.
The median sale price was AED 1,2 M, at a median of AED 1 061 per ft² (-12.4% month-on-month, -1.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 45 800 contracts were registered in January 2020, with a median annual rent of AED 107,2 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.