Market reports / May 2019

Dubai property market - May 2019

3 034
Registered sales
AED 4,7 млрд
Total value
AED 1,3 млн
Median price
AED 1 171
Median per ft²
30 049
Rent contracts
AED 85,1 тыс.
Median annual rent

Dubai recorded 3 034 residential sales in May 2019, worth AED 4,7 млрд in total - +2.8% versus the previous month and -5.2% versus a year earlier.

The median sale price was AED 1,3 млн, at a median of AED 1 171 per ft² (+6.3% month-on-month, -2.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 30 049 contracts were registered in May 2019, with a median annual rent of AED 85,1 тыс..

For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.