Market reports / September 2023

Dubai property market - September 2023

12.080
Registered sales
AED 26,2 Mrd.
Total value
AED 1,8 Mio.
Median price
AED 1.642
Median per ft²
52.481
Rent contracts
AED 89.457,4
Median annual rent

Dubai recorded 12.080 residential sales in September 2023, worth AED 26,2 Mrd. in total - +11.8% versus the previous month and +57.0% versus a year earlier.

The median sale price was AED 1,8 Mio., at a median of AED 1.642 per ft² (-3.7% month-on-month, +12.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 52.481 contracts were registered in September 2023, with a median annual rent of AED 89.457,4.

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