Market reports / May 2018
Dubai property market - May 2018
- 3,201
- Registered sales
- AED 47.9億
- Total value
- AED 127.9萬
- Median price
- AED 1,199
- Median per ft²
- 28,086
- Rent contracts
- AED 8.2萬
- Median annual rent
Dubai recorded 3,201 residential sales in May 2018, worth AED 47.9億 in total - +23.3% versus the previous month and -15.7% versus a year earlier.
The median sale price was AED 127.9萬, at a median of AED 1,199 per ft² (-3.1% month-on-month, +5.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 28,086 contracts were registered in May 2018, with a median annual rent of AED 8.2萬.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.