Market reports / November 2023
Dubai property market - November 2023
- 10,186
- Registered sales
- AED 23.5B
- Total value
- AED 2M
- Median price
- AED 1,627
- Median per ft²
- 51,727
- Rent contracts
- AED 70.1K
- Median annual rent
Dubai recorded 10,186 residential sales in November 2023, worth AED 23.5B in total - -4.2% versus the previous month and +3.3% versus a year earlier.
The median sale price was AED 2M, at a median of AED 1,627 per ft² (-1.9% month-on-month, +0.6% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 51,727 contracts were registered in November 2023, with a median annual rent of AED 70.1K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.