Market reports / August 2022
Dubai property market - August 2022
- 8.048
- Registered sales
- AED 15,8 Mrd.
- Total value
- AED 1,7 Mio.
- Median price
- AED 1.415
- Median per ft²
- 44.397
- Rent contracts
- AED 80.896,2
- Median annual rent
Dubai recorded 8.048 residential sales in August 2022, worth AED 15,8 Mrd. in total - +29.6% versus the previous month and +66.4% versus a year earlier.
The median sale price was AED 1,7 Mio., at a median of AED 1.415 per ft² (-2.9% month-on-month, +11.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 44.397 contracts were registered in August 2022, with a median annual rent of AED 80.896,2.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.