Market reports / April 2020
Dubai property market - April 2020
- 1 508
- Registered sales
- AED 2,7 Md
- Total value
- AED 1,5 M
- Median price
- AED 1 454
- Median per ft²
- 26 705
- Rent contracts
- AED 130,6 k
- Median annual rent
Dubai recorded 1 508 residential sales in April 2020, worth AED 2,7 Md in total - -47.8% versus the previous month and -48.9% versus a year earlier.
The median sale price was AED 1,5 M, at a median of AED 1 454 per ft² (+19.4% month-on-month, +32.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 26 705 contracts were registered in April 2020, with a median annual rent of AED 130,6 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.