Market reports / March 2022

Dubai property market - March 2022

6.824
Registered sales
AED 13,8 Mrd.
Total value
AED 1,7 Mio.
Median price
AED 1.441
Median per ft²
44.378
Rent contracts
AED 72.056
Median annual rent

Dubai recorded 6.824 residential sales in March 2022, worth AED 13,8 Mrd. in total - +32.4% versus the previous month and +58.8% versus a year earlier.

The median sale price was AED 1,7 Mio., at a median of AED 1.441 per ft² (+8.7% month-on-month, +28.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 44.378 contracts were registered in March 2022, with a median annual rent of AED 72.056.

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