Market reports / April 2022

Dubai property market - April 2022

5,833
Registered sales
AED 12.3B
Total value
AED 1.7M
Median price
AED 1,383
Median per ft²
41,875
Rent contracts
AED 59.8K
Median annual rent

Dubai recorded 5,833 residential sales in April 2022, worth AED 12.3B in total - -14.5% versus the previous month and +36.1% versus a year earlier.

The median sale price was AED 1.7M, at a median of AED 1,383 per ft² (-4.0% month-on-month, +34.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 41,875 contracts were registered in April 2022, with a median annual rent of AED 59.8K.

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