Market reports / March 2018
Dubai property market - March 2018
- 2,468
- Registered sales
- AED 3.9B
- Total value
- AED 1.4M
- Median price
- AED 1,220
- Median per ft²
- 29,287
- Rent contracts
- AED 100.6K
- Median annual rent
Dubai recorded 2,468 residential sales in March 2018, worth AED 3.9B in total - -6.3% versus the previous month and -44.0% versus a year earlier.
The median sale price was AED 1.4M, at a median of AED 1,220 per ft² (-2.1% month-on-month, +8.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 29,287 contracts were registered in March 2018, with a median annual rent of AED 100.6K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.