Market reports / August 2021

Dubai property market - August 2021

4,836
Registered sales
AED 9.8B
Total value
AED 1.7M
Median price
AED 1,269
Median per ft²
39,855
Rent contracts
AED 134.4K
Median annual rent

Dubai recorded 4,836 residential sales in August 2021, worth AED 9.8B in total - +23.1% versus the previous month and +136.2% versus a year earlier.

The median sale price was AED 1.7M, at a median of AED 1,269 per ft² (+0.3% month-on-month, +28.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 39,855 contracts were registered in August 2021, with a median annual rent of AED 134.4K.

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