Market reports / October 2020
Dubai property market - October 2020
- 3 392
- Registered sales
- AED 5,8 Md
- Total value
- AED 1,4 M
- Median price
- AED 1 007
- Median per ft²
- 38 226
- Rent contracts
- AED 66,2 k
- Median annual rent
Dubai recorded 3 392 residential sales in October 2020, worth AED 5,8 Md in total - +18.3% versus the previous month and -22.0% versus a year earlier.
The median sale price was AED 1,4 M, at a median of AED 1 007 per ft² (-2.7% month-on-month, -7.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 38 226 contracts were registered in October 2020, with a median annual rent of AED 66,2 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.