Market reports / June 2024

Dubai property market - June 2024

12.170
Registered sales
AED 26,2 Mrd.
Total value
AED 1,8 Mio.
Median price
AED 1.673
Median per ft²
44.332
Rent contracts
AED 84.441,2
Median annual rent

Dubai recorded 12.170 residential sales in June 2024, worth AED 26,2 Mrd. in total - -24.7% versus the previous month and +26.7% versus a year earlier.

The median sale price was AED 1,8 Mio., at a median of AED 1.673 per ft² (-2.4% month-on-month, -0.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 44.332 contracts were registered in June 2024, with a median annual rent of AED 84.441,2.

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