Market reports / January 2023
Dubai property market - January 2023
- 8,508
- Registered sales
- AED 20.1B
- Total value
- AED 2M
- Median price
- AED 1,630
- Median per ft²
- 57,779
- Rent contracts
- AED 100.6K
- Median annual rent
Dubai recorded 8,508 residential sales in January 2023, worth AED 20.1B in total - +7.0% versus the previous month and +80.4% versus a year earlier.
The median sale price was AED 2M, at a median of AED 1,630 per ft² (+4.4% month-on-month, +16.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 57,779 contracts were registered in January 2023, with a median annual rent of AED 100.6K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.