Market reports / September 2023

Dubai property market - September 2023

12,080
Registered sales
AED 26.2 مليار
Total value
AED 1.8 مليون
Median price
AED 1,642
Median per ft²
52,481
Rent contracts
AED 89.5 ألف
Median annual rent

Dubai recorded 12,080 residential sales in September 2023, worth AED 26.2 مليار in total - +11.8% versus the previous month and +57.0% versus a year earlier.

The median sale price was AED 1.8 مليون, at a median of AED 1,642 per ft² (-3.7% month-on-month, +12.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 52,481 contracts were registered in September 2023, with a median annual rent of AED 89.5 ألف.

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