Market reports / February 2021

Dubai property market - February 2021

3.150
Registered sales
AED 5,2 Mrd.
Total value
AED 1,4 Mio.
Median price
AED 1.067
Median per ft²
37.477
Rent contracts
AED 63.755,8
Median annual rent

Dubai recorded 3.150 residential sales in February 2021, worth AED 5,2 Mrd. in total - +13.9% versus the previous month and -10.0% versus a year earlier.

The median sale price was AED 1,4 Mio., at a median of AED 1.067 per ft² (+7.7% month-on-month, -9.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 37.477 contracts were registered in February 2021, with a median annual rent of AED 63.755,8.

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