Market reports / April 2024

Dubai property market - April 2024

10.760
Registered sales
AED 22,9 Mrd.
Total value
AED 1,9 Mio.
Median price
AED 1.694
Median per ft²
45.455
Rent contracts
AED 75.202,9
Median annual rent

Dubai recorded 10.760 residential sales in April 2024, worth AED 22,9 Mrd. in total - -10.9% versus the previous month and +49.8% versus a year earlier.

The median sale price was AED 1,9 Mio., at a median of AED 1.694 per ft² (+0.4% month-on-month, +9.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 45.455 contracts were registered in April 2024, with a median annual rent of AED 75.202,9.

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