Market reports / February 2022

Dubai property market - February 2022

5,155
Registered sales
AED 10 مليار
Total value
AED 1.6 مليون
Median price
AED 1,326
Median per ft²
44,376
Rent contracts
AED 85.9 ألف
Median annual rent

Dubai recorded 5,155 residential sales in February 2022, worth AED 10 مليار in total - +9.3% versus the previous month and +63.7% versus a year earlier.

The median sale price was AED 1.6 مليون, at a median of AED 1,326 per ft² (-5.3% month-on-month, +24.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 44,376 contracts were registered in February 2022, with a median annual rent of AED 85.9 ألف.

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