Market reports / July 2021

Dubai property market - July 2021

3.930
Registered sales
AED 8,3 Mrd.
Total value
AED 1,8 Mio.
Median price
AED 1.266
Median per ft²
38.986
Rent contracts
AED 118.847,9
Median annual rent

Dubai recorded 3.930 residential sales in July 2021, worth AED 8,3 Mrd. in total - -27.2% versus the previous month and +73.7% versus a year earlier.

The median sale price was AED 1,8 Mio., at a median of AED 1.266 per ft² (+9.9% month-on-month, +22.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 38.986 contracts were registered in July 2021, with a median annual rent of AED 118.847,9.

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