Market reports / March 2022
Dubai property market - March 2022
- 6,824
- Registered sales
- AED 13.8B
- Total value
- AED 1.7M
- Median price
- AED 1,441
- Median per ft²
- 44,378
- Rent contracts
- AED 72.1K
- Median annual rent
Dubai recorded 6,824 residential sales in March 2022, worth AED 13.8B in total - +32.4% versus the previous month and +58.8% versus a year earlier.
The median sale price was AED 1.7M, at a median of AED 1,441 per ft² (+8.7% month-on-month, +28.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 44,378 contracts were registered in March 2022, with a median annual rent of AED 72.1K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.