Market reports / August 2021

Dubai property market - August 2021

4 836
Registered sales
AED 9,8 Md
Total value
AED 1,7 M
Median price
AED 1 269
Median per ft²
39 855
Rent contracts
AED 134,4 k
Median annual rent

Dubai recorded 4 836 residential sales in August 2021, worth AED 9,8 Md in total - +23.1% versus the previous month and +136.2% versus a year earlier.

The median sale price was AED 1,7 M, at a median of AED 1 269 per ft² (+0.3% month-on-month, +28.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 39 855 contracts were registered in August 2021, with a median annual rent of AED 134,4 k.

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