Market reports / November 2024

Dubai property market - November 2024

13.388
Registered sales
AED 29,4 Mrd.
Total value
AED 1,9 Mio.
Median price
AED 1.665
Median per ft²
54.642
Rent contracts
AED 84.962
Median annual rent

Dubai recorded 13.388 residential sales in November 2024, worth AED 29,4 Mrd. in total - -28.6% versus the previous month and +31.4% versus a year earlier.

The median sale price was AED 1,9 Mio., at a median of AED 1.665 per ft² (-3.5% month-on-month, +2.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 54.642 contracts were registered in November 2024, with a median annual rent of AED 84.962.

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