Market reports / July 2022

Dubai property market - July 2022

6 208
Registered sales
AED 13,5 Md
Total value
AED 1,8 M
Median price
AED 1 458
Median per ft²
43 129
Rent contracts
AED 95,9 k
Median annual rent

Dubai recorded 6 208 residential sales in July 2022, worth AED 13,5 Md in total - -14.9% versus the previous month and +58.0% versus a year earlier.

The median sale price was AED 1,8 M, at a median of AED 1 458 per ft² (+3.9% month-on-month, +15.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 43 129 contracts were registered in July 2022, with a median annual rent of AED 95,9 k.

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