Market reports / May 2022
Dubai property market - May 2022
- 5.616
- Registered sales
- AED 12,9 Mrd.
- Total value
- AED 1,9 Mio.
- Median price
- AED 1.507
- Median per ft²
- 36.180
- Rent contracts
- AED 74.251,1
- Median annual rent
Dubai recorded 5.616 residential sales in May 2022, worth AED 12,9 Mrd. in total - -3.7% versus the previous month and +48.5% versus a year earlier.
The median sale price was AED 1,9 Mio., at a median of AED 1.507 per ft² (+9.0% month-on-month, +35.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 36.180 contracts were registered in May 2022, with a median annual rent of AED 74.251,1.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.