Market reports / August 2022
Dubai property market - August 2022
- 8,048
- Registered sales
- AED 15.8B
- Total value
- AED 1.7M
- Median price
- AED 1,415
- Median per ft²
- 44,397
- Rent contracts
- AED 80.9K
- Median annual rent
Dubai recorded 8,048 residential sales in August 2022, worth AED 15.8B in total - +29.6% versus the previous month and +66.4% versus a year earlier.
The median sale price was AED 1.7M, at a median of AED 1,415 per ft² (-2.9% month-on-month, +11.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 44,397 contracts were registered in August 2022, with a median annual rent of AED 80.9K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.