Market reports / July 2019

Dubai property market - July 2019

3,687
Registered sales
AED 6B
Total value
AED 1.4M
Median price
AED 1,161
Median per ft²
34,890
Rent contracts
AED 186.7K
Median annual rent

Dubai recorded 3,687 residential sales in July 2019, worth AED 6B in total - +87.0% versus the previous month and +41.7% versus a year earlier.

The median sale price was AED 1.4M, at a median of AED 1,161 per ft² (-4.7% month-on-month, -2.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 34,890 contracts were registered in July 2019, with a median annual rent of AED 186.7K.

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