Market reports / September 2022

Dubai property market - September 2022

7.692
Registered sales
AED 15,7 Mrd.
Total value
AED 1,8 Mio.
Median price
AED 1.460
Median per ft²
48.228
Rent contracts
AED 74.287
Median annual rent

Dubai recorded 7.692 residential sales in September 2022, worth AED 15,7 Mrd. in total - -4.4% versus the previous month and +50.6% versus a year earlier.

The median sale price was AED 1,8 Mio., at a median of AED 1.460 per ft² (+3.2% month-on-month, +21.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 48.228 contracts were registered in September 2022, with a median annual rent of AED 74.287.

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