Market reports / December 2022
Dubai property market - December 2022
- 7.949
- Registered sales
- AED 17,9 Mrd.
- Total value
- AED 1,8 Mio.
- Median price
- AED 1.561
- Median per ft²
- 47.187
- Rent contracts
- AED 68.939,6
- Median annual rent
Dubai recorded 7.949 residential sales in December 2022, worth AED 17,9 Mrd. in total - -19.3% versus the previous month and +64.5% versus a year earlier.
The median sale price was AED 1,8 Mio., at a median of AED 1.561 per ft² (-3.5% month-on-month, +10.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 47.187 contracts were registered in December 2022, with a median annual rent of AED 68.939,6.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.