Market reports / November 2023

Dubai property market - November 2023

10,186
Registered sales
AED 23.5 مليار
Total value
AED 2 مليون
Median price
AED 1,627
Median per ft²
51,727
Rent contracts
AED 70.1 ألف
Median annual rent

Dubai recorded 10,186 residential sales in November 2023, worth AED 23.5 مليار in total - -4.2% versus the previous month and +3.3% versus a year earlier.

The median sale price was AED 2 مليون, at a median of AED 1,627 per ft² (-1.9% month-on-month, +0.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 51,727 contracts were registered in November 2023, with a median annual rent of AED 70.1 ألف.

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