Market reports / December 2020
Dubai property market - December 2020
- 3,191
- Registered sales
- AED 5.4B
- Total value
- AED 1.5M
- Median price
- AED 1,135
- Median per ft²
- 36,355
- Rent contracts
- AED 85.6K
- Median annual rent
Dubai recorded 3,191 residential sales in December 2020, worth AED 5.4B in total - -11.9% versus the previous month and -19.5% versus a year earlier.
The median sale price was AED 1.5M, at a median of AED 1,135 per ft² (-10.6% month-on-month, -6.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 36,355 contracts were registered in December 2020, with a median annual rent of AED 85.6K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.