Market reports / September 2022

Dubai property market - September 2022

7,692
Registered sales
AED 15.7B
Total value
AED 1.8M
Median price
AED 1,460
Median per ft²
48,228
Rent contracts
AED 74.3K
Median annual rent

Dubai recorded 7,692 residential sales in September 2022, worth AED 15.7B in total - -4.4% versus the previous month and +50.6% versus a year earlier.

The median sale price was AED 1.8M, at a median of AED 1,460 per ft² (+3.2% month-on-month, +21.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 48,228 contracts were registered in September 2022, with a median annual rent of AED 74.3K.

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