Market reports / July 2017
Dubai property market - July 2017
- 3,525
- Registered sales
- AED 5.4B
- Total value
- AED 1.3M
- Median price
- AED 1,161
- Median per ft²
- 29,455
- Rent contracts
- AED 85.5K
- Median annual rent
Dubai recorded 3,525 residential sales in July 2017, worth AED 5.4B in total - +56.5% versus the previous month and +13.3% versus a year earlier.
The median sale price was AED 1.3M, at a median of AED 1,161 per ft² (+5.7% month-on-month, -12.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 29,455 contracts were registered in July 2017, with a median annual rent of AED 85.5K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.