Market reports / November 2019

Dubai property market - November 2019

2,873
Registered sales
AED 4.7B
Total value
AED 1.4M
Median price
AED 1,183
Median per ft²
31,913
Rent contracts
AED 74.8K
Median annual rent

Dubai recorded 2,873 residential sales in November 2019, worth AED 4.7B in total - -34.0% versus the previous month and +21.1% versus a year earlier.

The median sale price was AED 1.4M, at a median of AED 1,183 per ft² (+9.0% month-on-month, +1.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 31,913 contracts were registered in November 2019, with a median annual rent of AED 74.8K.

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