Market reports / October 2021

Dubai property market - October 2021

4.347
Registered sales
AED 9,2 Mrd.
Total value
AED 1,7 Mio.
Median price
AED 1.245
Median per ft²
47.860
Rent contracts
AED 82.283,5
Median annual rent

Dubai recorded 4.347 residential sales in October 2021, worth AED 9,2 Mrd. in total - -14.9% versus the previous month and +28.2% versus a year earlier.

The median sale price was AED 1,7 Mio., at a median of AED 1.245 per ft² (+3.5% month-on-month, +23.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 47.860 contracts were registered in October 2021, with a median annual rent of AED 82.283,5.

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