Market reports / January 2021

Dubai property market - January 2021

2,765
Registered sales
AED 4.4B
Total value
AED 1.4M
Median price
AED 991
Median per ft²
49,763
Rent contracts
AED 65.4K
Median annual rent

Dubai recorded 2,765 residential sales in January 2021, worth AED 4.4B in total - -13.4% versus the previous month and +10.1% versus a year earlier.

The median sale price was AED 1.4M, at a median of AED 991 per ft² (-12.7% month-on-month, -6.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 49,763 contracts were registered in January 2021, with a median annual rent of AED 65.4K.

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