Market reports / October 2023
Dubai property market - October 2023
- 10 632
- Registered sales
- AED 22,3 Md
- Total value
- AED 1,7 M
- Median price
- AED 1 659
- Median per ft²
- 54 303
- Rent contracts
- AED 79,1 k
- Median annual rent
Dubai recorded 10 632 residential sales in October 2023, worth AED 22,3 Md in total - -12.0% versus the previous month and +36.9% versus a year earlier.
The median sale price was AED 1,7 M, at a median of AED 1 659 per ft² (+1.0% month-on-month, +5.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 54 303 contracts were registered in October 2023, with a median annual rent of AED 79,1 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.