Market reports / June 2023

Dubai property market - June 2023

9.609
Registered sales
AED 22,6 Mrd.
Total value
AED 1,9 Mio.
Median price
AED 1.681
Median per ft²
41.872
Rent contracts
AED 72.334,9
Median annual rent

Dubai recorded 9.609 residential sales in June 2023, worth AED 22,6 Mrd. in total - -9.9% versus the previous month and +31.8% versus a year earlier.

The median sale price was AED 1,9 Mio., at a median of AED 1.681 per ft² (+2.3% month-on-month, +19.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 41.872 contracts were registered in June 2023, with a median annual rent of AED 72.334,9.

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