Market reports / October 2022
Dubai property market - October 2022
- 7,764
- Registered sales
- AED 17.8B
- Total value
- AED 1.9M
- Median price
- AED 1,577
- Median per ft²
- 50,618
- Rent contracts
- AED 75.2K
- Median annual rent
Dubai recorded 7,764 residential sales in October 2022, worth AED 17.8B in total - +0.9% versus the previous month and +78.6% versus a year earlier.
The median sale price was AED 1.9M, at a median of AED 1,577 per ft² (+7.9% month-on-month, +26.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 50,618 contracts were registered in October 2022, with a median annual rent of AED 75.2K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.