Market reports / March 2023
Dubai property market - March 2023
- 10 844
- Registered sales
- AED 23,2 Md
- Total value
- AED 1,8 M
- Median price
- AED 1 501
- Median per ft²
- 48 750
- Rent contracts
- AED 70,8 k
- Median annual rent
Dubai recorded 10 844 residential sales in March 2023, worth AED 23,2 Md in total - +30.5% versus the previous month and +58.9% versus a year earlier.
The median sale price was AED 1,8 M, at a median of AED 1 501 per ft² (+1.3% month-on-month, +4.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 48 750 contracts were registered in March 2023, with a median annual rent of AED 70,8 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.