Market reports / May 2021
Dubai property market - May 2021
- 3,781
- Registered sales
- AED 7.7B
- Total value
- AED 1.7M
- Median price
- AED 1,110
- Median per ft²
- 30,506
- Rent contracts
- AED 74.8K
- Median annual rent
Dubai recorded 3,781 residential sales in May 2021, worth AED 7.7B in total - -11.8% versus the previous month and +212.2% versus a year earlier.
The median sale price was AED 1.7M, at a median of AED 1,110 per ft² (+7.6% month-on-month, -10.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 30,506 contracts were registered in May 2021, with a median annual rent of AED 74.8K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.