Market reports / February 2022

Dubai property market - February 2022

5.155
Registered sales
AED 10 Mrd.
Total value
AED 1,6 Mio.
Median price
AED 1.326
Median per ft²
44.376
Rent contracts
AED 85.934,7
Median annual rent

Dubai recorded 5.155 residential sales in February 2022, worth AED 10 Mrd. in total - +9.3% versus the previous month and +63.7% versus a year earlier.

The median sale price was AED 1,6 Mio., at a median of AED 1.326 per ft² (-5.3% month-on-month, +24.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 44.376 contracts were registered in February 2022, with a median annual rent of AED 85.934,7.

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