Market reports / June 2022

Dubai property market - June 2022

7,291
Registered sales
AED 15.8B
Total value
AED 1.7M
Median price
AED 1,403
Median per ft²
38,796
Rent contracts
AED 67.8K
Median annual rent

Dubai recorded 7,291 residential sales in June 2022, worth AED 15.8B in total - +29.8% versus the previous month and +35.0% versus a year earlier.

The median sale price was AED 1.7M, at a median of AED 1,403 per ft² (-6.9% month-on-month, +21.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 38,796 contracts were registered in June 2022, with a median annual rent of AED 67.8K.

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