Market reports / August 2024
Dubai property market - August 2024
- 14 814
- Registered sales
- AED 33,1 Md
- Total value
- AED 1,9 M
- Median price
- AED 1 701
- Median per ft²
- 54 230
- Rent contracts
- AED 103,5 k
- Median annual rent
Dubai recorded 14 814 residential sales in August 2024, worth AED 33,1 Md in total - -0.6% versus the previous month and +37.1% versus a year earlier.
The median sale price was AED 1,9 M, at a median of AED 1 701 per ft² (+0.1% month-on-month, -0.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 54 230 contracts were registered in August 2024, with a median annual rent of AED 103,5 k.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.