Market reports / October 2024

Dubai property market - October 2024

18 755
Registered sales
AED 39,8 Md
Total value
AED 1,8 M
Median price
AED 1 724
Median per ft²
57 967
Rent contracts
AED 90,6 k
Median annual rent

Dubai recorded 18 755 residential sales in October 2024, worth AED 39,8 Md in total - +14.6% versus the previous month and +76.4% versus a year earlier.

The median sale price was AED 1,8 M, at a median of AED 1 724 per ft² (+2.0% month-on-month, +4.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 57 967 contracts were registered in October 2024, with a median annual rent of AED 90,6 k.

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