Market reports / December 2020
Dubai property market - December 2020
- 3 191
- Registered sales
- AED 5,4 Md
- Total value
- AED 1,5 M
- Median price
- AED 1 135
- Median per ft²
- 36 355
- Rent contracts
- AED 85,6 k
- Median annual rent
Dubai recorded 3 191 residential sales in December 2020, worth AED 5,4 Md in total - -11.9% versus the previous month and -19.5% versus a year earlier.
The median sale price was AED 1,5 M, at a median of AED 1 135 per ft² (-10.6% month-on-month, -6.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 36 355 contracts were registered in December 2020, with a median annual rent of AED 85,6 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.