Market reports / March 2022

Dubai property market - March 2022

6 824
Registered sales
AED 13,8 Md
Total value
AED 1,7 M
Median price
AED 1 441
Median per ft²
44 378
Rent contracts
AED 72,1 k
Median annual rent

Dubai recorded 6 824 residential sales in March 2022, worth AED 13,8 Md in total - +32.4% versus the previous month and +58.8% versus a year earlier.

The median sale price was AED 1,7 M, at a median of AED 1 441 per ft² (+8.7% month-on-month, +28.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 44 378 contracts were registered in March 2022, with a median annual rent of AED 72,1 k.

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