Market reports / March 2024

Dubai property market - March 2024

12.080
Registered sales
AED 26,2 Mrd.
Total value
AED 1,9 Mio.
Median price
AED 1.687
Median per ft²
49.308
Rent contracts
AED 86.085,8
Median annual rent

Dubai recorded 12.080 residential sales in March 2024, worth AED 26,2 Mrd. in total - +10.5% versus the previous month and +11.4% versus a year earlier.

The median sale price was AED 1,9 Mio., at a median of AED 1.687 per ft² (-2.5% month-on-month, +12.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 49.308 contracts were registered in March 2024, with a median annual rent of AED 86.085,8.

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