Market reports / December 2024
Dubai property market - December 2024
- 13.814
- Registered sales
- AED 28,8 Mrd.
- Total value
- AED 1,8 Mio.
- Median price
- AED 1.712
- Median per ft²
- 51.640
- Rent contracts
- AED 121.943,2
- Median annual rent
Dubai recorded 13.814 residential sales in December 2024, worth AED 28,8 Mrd. in total - +3.2% versus the previous month and +37.5% versus a year earlier.
The median sale price was AED 1,8 Mio., at a median of AED 1.712 per ft² (+2.8% month-on-month, +0.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 51.640 contracts were registered in December 2024, with a median annual rent of AED 121.943,2.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.