Market reports / July 2020
Dubai property market - July 2020
- 2,263
- Registered sales
- AED 3.7B
- Total value
- AED 1.4M
- Median price
- AED 1,032
- Median per ft²
- 36,791
- Rent contracts
- AED 136K
- Median annual rent
Dubai recorded 2,263 residential sales in July 2020, worth AED 3.7B in total - +12.5% versus the previous month and -38.6% versus a year earlier.
The median sale price was AED 1.4M, at a median of AED 1,032 per ft² (-11.2% month-on-month, -11.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 36,791 contracts were registered in July 2020, with a median annual rent of AED 136K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.