Market reports / June 2019
Dubai property market - June 2019
- 1,972
- Registered sales
- AED 3.4B
- Total value
- AED 1.5M
- Median price
- AED 1,218
- Median per ft²
- 28,153
- Rent contracts
- AED 82.4K
- Median annual rent
Dubai recorded 1,972 residential sales in June 2019, worth AED 3.4B in total - -35.0% versus the previous month and -7.0% versus a year earlier.
The median sale price was AED 1.5M, at a median of AED 1,218 per ft² (+4.0% month-on-month, +11.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 28,153 contracts were registered in June 2019, with a median annual rent of AED 82.4K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.