Market reports / May 2020

Dubai property market - May 2020

1 211
Registered sales
AED 1,8 млрд
Total value
AED 1,2 млн
Median price
AED 1 242
Median per ft²
25 401
Rent contracts
AED 97,4 тыс.
Median annual rent

Dubai recorded 1 211 residential sales in May 2020, worth AED 1,8 млрд in total - -19.7% versus the previous month and -60.1% versus a year earlier.

The median sale price was AED 1,2 млн, at a median of AED 1 242 per ft² (-14.6% month-on-month, +6.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 25 401 contracts were registered in May 2020, with a median annual rent of AED 97,4 тыс..

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