Market reports / March 2020
Dubai property market - March 2020
- 2 887
- Registered sales
- AED 4,8 Md
- Total value
- AED 1,5 M
- Median price
- AED 1 218
- Median per ft²
- 31 852
- Rent contracts
- AED 74,3 k
- Median annual rent
Dubai recorded 2 887 residential sales in March 2020, worth AED 4,8 Md in total - -17.5% versus the previous month and +15.2% versus a year earlier.
The median sale price was AED 1,5 M, at a median of AED 1 218 per ft² (+3.4% month-on-month, +6.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 31 852 contracts were registered in March 2020, with a median annual rent of AED 74,3 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.