Market reports / April 2023
Dubai property market - April 2023
- 7.185
- Registered sales
- AED 15,4 Mrd.
- Total value
- AED 1,8 Mio.
- Median price
- AED 1.542
- Median per ft²
- 44.168
- Rent contracts
- AED 64.297,5
- Median annual rent
Dubai recorded 7.185 residential sales in April 2023, worth AED 15,4 Mrd. in total - -33.7% versus the previous month and +23.2% versus a year earlier.
The median sale price was AED 1,8 Mio., at a median of AED 1.542 per ft² (+2.7% month-on-month, +11.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 44.168 contracts were registered in April 2023, with a median annual rent of AED 64.297,5.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.