Market reports / February 2018
Dubai property market - February 2018
- 2,634
- Registered sales
- AED 3.7B
- Total value
- AED 1.2M
- Median price
- AED 1,245
- Median per ft²
- 28,005
- Rent contracts
- AED 117.4K
- Median annual rent
Dubai recorded 2,634 residential sales in February 2018, worth AED 3.7B in total - -13.1% versus the previous month and -32.3% versus a year earlier.
The median sale price was AED 1.2M, at a median of AED 1,245 per ft² (+1.4% month-on-month, +5.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 28,005 contracts were registered in February 2018, with a median annual rent of AED 117.4K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.