Market reports / January 2020
Dubai property market - January 2020
- 2,511
- Registered sales
- AED 3.6B
- Total value
- AED 1.2M
- Median price
- AED 1,061
- Median per ft²
- 45,800
- Rent contracts
- AED 107.2K
- Median annual rent
Dubai recorded 2,511 residential sales in January 2020, worth AED 3.6B in total - -36.7% versus the previous month and +25.9% versus a year earlier.
The median sale price was AED 1.2M, at a median of AED 1,061 per ft² (-12.4% month-on-month, -1.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 45,800 contracts were registered in January 2020, with a median annual rent of AED 107.2K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.