Market reports / January 2024
Dubai property market - January 2024
- 10,222
- Registered sales
- AED 23.7B
- Total value
- AED 1.8M
- Median price
- AED 1,739
- Median per ft²
- 59,749
- Rent contracts
- AED 71.7K
- Median annual rent
Dubai recorded 10,222 residential sales in January 2024, worth AED 23.7B in total - +1.8% versus the previous month and +20.1% versus a year earlier.
The median sale price was AED 1.8M, at a median of AED 1,739 per ft² (+2.0% month-on-month, +6.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 59,749 contracts were registered in January 2024, with a median annual rent of AED 71.7K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.