Market reports / February 2020
Dubai property market - February 2020
- 3 500
- Registered sales
- AED 5,3 Md
- Total value
- AED 1,3 M
- Median price
- AED 1 178
- Median per ft²
- 33 592
- Rent contracts
- AED 105,7 k
- Median annual rent
Dubai recorded 3 500 residential sales in February 2020, worth AED 5,3 Md in total - +39.4% versus the previous month and +27.4% versus a year earlier.
The median sale price was AED 1,3 M, at a median of AED 1 178 per ft² (+11.1% month-on-month, +0.9% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 33 592 contracts were registered in February 2020, with a median annual rent of AED 105,7 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.