Market reports / October 2022
Dubai property market - October 2022
- 7.764
- Registered sales
- AED 17,8 Mrd.
- Total value
- AED 1,9 Mio.
- Median price
- AED 1.577
- Median per ft²
- 50.618
- Rent contracts
- AED 75.183
- Median annual rent
Dubai recorded 7.764 residential sales in October 2022, worth AED 17,8 Mrd. in total - +0.9% versus the previous month and +78.6% versus a year earlier.
The median sale price was AED 1,9 Mio., at a median of AED 1.577 per ft² (+7.9% month-on-month, +26.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 50.618 contracts were registered in October 2022, with a median annual rent of AED 75.183.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.