Market reports / August 2018

Dubai property market - August 2018

1,439
Registered sales
AED 22.5亿
Total value
AED 136.4万
Median price
AED 1,110
Median per ft²
32,511
Rent contracts
AED 11.3万
Median annual rent

Dubai recorded 1,439 residential sales in August 2018, worth AED 22.5亿 in total - -44.7% versus the previous month and -63.7% versus a year earlier.

The median sale price was AED 136.4万, at a median of AED 1,110 per ft² (-6.7% month-on-month, -8.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 32,511 contracts were registered in August 2018, with a median annual rent of AED 11.3万.

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