Market reports / June 2023
Dubai property market - June 2023
- 9,609
- Registered sales
- AED 22.6B
- Total value
- AED 1.9M
- Median price
- AED 1,681
- Median per ft²
- 41,872
- Rent contracts
- AED 72.3K
- Median annual rent
Dubai recorded 9,609 residential sales in June 2023, worth AED 22.6B in total - -9.9% versus the previous month and +31.8% versus a year earlier.
The median sale price was AED 1.9M, at a median of AED 1,681 per ft² (+2.3% month-on-month, +19.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 41,872 contracts were registered in June 2023, with a median annual rent of AED 72.3K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.