Market reports / January 2020

Dubai property market - January 2020

2,511
Registered sales
AED 35.8亿
Total value
AED 123.2万
Median price
AED 1,061
Median per ft²
45,800
Rent contracts
AED 10.7万
Median annual rent

Dubai recorded 2,511 residential sales in January 2020, worth AED 35.8亿 in total - -36.7% versus the previous month and +25.9% versus a year earlier.

The median sale price was AED 123.2万, at a median of AED 1,061 per ft² (-12.4% month-on-month, -1.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 45,800 contracts were registered in January 2020, with a median annual rent of AED 10.7万.

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