Market reports / May 2021
Dubai property market - May 2021
- 3 781
- Registered sales
- AED 7,7 Md
- Total value
- AED 1,7 M
- Median price
- AED 1 110
- Median per ft²
- 30 506
- Rent contracts
- AED 74,8 k
- Median annual rent
Dubai recorded 3 781 residential sales in May 2021, worth AED 7,7 Md in total - -11.8% versus the previous month and +212.2% versus a year earlier.
The median sale price was AED 1,7 M, at a median of AED 1 110 per ft² (+7.6% month-on-month, -10.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 30 506 contracts were registered in May 2021, with a median annual rent of AED 74,8 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.