Market reports / November 2022

Dubai property market - November 2022

9.856
Registered sales
AED 22,9 Mrd.
Total value
AED 1,9 Mio.
Median price
AED 1.617
Median per ft²
49.203
Rent contracts
AED 64.218,4
Median annual rent

Dubai recorded 9.856 residential sales in November 2022, worth AED 22,9 Mrd. in total - +26.9% versus the previous month and +56.8% versus a year earlier.

The median sale price was AED 1,9 Mio., at a median of AED 1.617 per ft² (+2.6% month-on-month, +22.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 49.203 contracts were registered in November 2022, with a median annual rent of AED 64.218,4.

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