Market reports / December 2017
Dubai property market - December 2017
- 3,409
- Registered sales
- AED 5.8B
- Total value
- AED 1.5M
- Median price
- AED 1,249
- Median per ft²
- 26,429
- Rent contracts
- AED 92.6K
- Median annual rent
Dubai recorded 3,409 residential sales in December 2017, worth AED 5.8B in total - +18.9% versus the previous month and +23.5% versus a year earlier.
The median sale price was AED 1.5M, at a median of AED 1,249 per ft² (+5.4% month-on-month, +10.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 26,429 contracts were registered in December 2017, with a median annual rent of AED 92.6K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.