Market reports / August 2024
Dubai property market - August 2024
- 14.814
- Registered sales
- AED 33,1 Mrd.
- Total value
- AED 1,9 Mio.
- Median price
- AED 1.701
- Median per ft²
- 54.230
- Rent contracts
- AED 103.495,7
- Median annual rent
Dubai recorded 14.814 residential sales in August 2024, worth AED 33,1 Mrd. in total - -0.6% versus the previous month and +37.1% versus a year earlier.
The median sale price was AED 1,9 Mio., at a median of AED 1.701 per ft² (+0.1% month-on-month, -0.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 54.230 contracts were registered in August 2024, with a median annual rent of AED 103.495,7.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.