Market reports / December 2018
Dubai property market - December 2018
- 2,244
- Registered sales
- AED 3.3B
- Total value
- AED 1.4M
- Median price
- AED 1,177
- Median per ft²
- 29,046
- Rent contracts
- AED 92.6K
- Median annual rent
Dubai recorded 2,244 residential sales in December 2018, worth AED 3.3B in total - -5.4% versus the previous month and -34.2% versus a year earlier.
The median sale price was AED 1.4M, at a median of AED 1,177 per ft² (+0.6% month-on-month, -5.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 29,046 contracts were registered in December 2018, 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.