Market reports / December 2019
Dubai property market - December 2019
- 3,964
- Registered sales
- AED 6.8B
- Total value
- AED 1.5M
- Median price
- AED 1,210
- Median per ft²
- 31,808
- Rent contracts
- AED 109K
- Median annual rent
Dubai recorded 3,964 residential sales in December 2019, worth AED 6.8B in total - +38.0% versus the previous month and +76.6% versus a year earlier.
The median sale price was AED 1.5M, at a median of AED 1,210 per ft² (+2.3% month-on-month, +2.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 31,808 contracts were registered in December 2019, with a median annual rent of AED 109K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.