Market reports / August 2020
Dubai property market - August 2020
- 2,047
- Registered sales
- AED 3.2B
- Total value
- AED 1.3M
- Median price
- AED 991
- Median per ft²
- 36,563
- Rent contracts
- AED 71.5K
- Median annual rent
Dubai recorded 2,047 residential sales in August 2020, worth AED 3.2B in total - -9.5% versus the previous month and -2.3% versus a year earlier.
The median sale price was AED 1.3M, at a median of AED 991 per ft² (-4.0% month-on-month, -5.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 36,563 contracts were registered in August 2020, with a median annual rent of AED 71.5K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.