Dubai property market - December 2017

Dubai recorded 3,409 residential sales in December 2017, worth AED 58.3亿 in total - +18.9% versus the previous month and +23.5% versus a year earlier.

The median sale price was AED 149.1万, at a median of AED 1,249 per ft² (+5.4% month-on-month, +10.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 26,429 contracts were registered in December 2017, with a median annual rent of AED 9.3万.

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