Market reports / April 2024
Dubai property market - April 2024
- 10,760
- Registered sales
- AED 22.9B
- Total value
- AED 1.9M
- Median price
- AED 1,694
- Median per ft²
- 45,455
- Rent contracts
- AED 75.2K
- Median annual rent
Dubai recorded 10,760 residential sales in April 2024, worth AED 22.9B in total - -10.9% versus the previous month and +49.8% versus a year earlier.
The median sale price was AED 1.9M, at a median of AED 1,694 per ft² (+0.4% month-on-month, +9.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 45,455 contracts were registered in April 2024, 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.