Market reports / March 2023
Dubai property market - March 2023
- 10,844
- Registered sales
- AED 23.2 مليار
- Total value
- AED 1.8 مليون
- Median price
- AED 1,501
- Median per ft²
- 48,750
- Rent contracts
- AED 70.8 ألف
- Median annual rent
Dubai recorded 10,844 residential sales in March 2023, worth AED 23.2 مليار in total - +30.5% versus the previous month and +58.9% versus a year earlier.
The median sale price was AED 1.8 مليون, at a median of AED 1,501 per ft² (+1.3% month-on-month, +4.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 48,750 contracts were registered in March 2023, with a median annual rent of AED 70.8 ألف.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.