Market reports / February 2024
Dubai property market - February 2024
- 10 936
- Registered sales
- AED 23,4 Md
- Total value
- AED 1,9 M
- Median price
- AED 1 729
- Median per ft²
- 50 878
- Rent contracts
- AED 73 k
- Median annual rent
Dubai recorded 10 936 residential sales in February 2024, worth AED 23,4 Md in total - +7.0% versus the previous month and +31.6% versus a year earlier.
The median sale price was AED 1,9 M, at a median of AED 1 729 per ft² (-0.6% month-on-month, +16.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 50 878 contracts were registered in February 2024, with a median annual rent of AED 73 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.