Market reports / August 2017
Dubai property market - August 2017
- 3,960
- Registered sales
- AED 6.4B
- Total value
- AED 1.4M
- Median price
- AED 1,207
- Median per ft²
- 30,540
- Rent contracts
- AED 104.9K
- Median annual rent
Dubai recorded 3,960 residential sales in August 2017, worth AED 6.4B in total - +12.3% versus the previous month and +6.7% versus a year earlier.
The median sale price was AED 1.4M, at a median of AED 1,207 per ft² (+3.9% month-on-month, -4.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 30,540 contracts were registered in August 2017, with a median annual rent of AED 104.9K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.