Market reports / September 2024

Dubai property market - September 2024

16.366
Registered sales
AED 34,3 Mrd.
Total value
AED 1,8 Mio.
Median price
AED 1.691
Median per ft²
56.293
Rent contracts
AED 87.040,9
Median annual rent

Dubai recorded 16.366 residential sales in September 2024, worth AED 34,3 Mrd. in total - +10.5% versus the previous month and +35.5% versus a year earlier.

The median sale price was AED 1,8 Mio., at a median of AED 1.691 per ft² (-0.6% month-on-month, +3.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 56.293 contracts were registered in September 2024, with a median annual rent of AED 87.040,9.

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