Market reports / November 2018

Dubai property market - November 2018

2,372
Registered sales
AED 3.7B
Total value
AED 1.4M
Median price
AED 1,169
Median per ft²
29,267
Rent contracts
AED 95.2K
Median annual rent

Dubai recorded 2,372 residential sales in November 2018, worth AED 3.7B in total - -19.3% versus the previous month and -17.3% versus a year earlier.

The median sale price was AED 1.4M, at a median of AED 1,169 per ft² (+2.9% month-on-month, -1.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 29,267 contracts were registered in November 2018, with a median annual rent of AED 95.2K.

For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.