Market reports / July 2024
Dubai property market - July 2024
- 14,907
- Registered sales
- AED 32.4B
- Total value
- AED 1.9M
- Median price
- AED 1,699
- Median per ft²
- 49,932
- Rent contracts
- AED 109.7K
- Median annual rent
Dubai recorded 14,907 residential sales in July 2024, worth AED 32.4B in total - +22.5% versus the previous month and +59.9% versus a year earlier.
The median sale price was AED 1.9M, at a median of AED 1,699 per ft² (+1.6% month-on-month, +6.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 49,932 contracts were registered in July 2024, with a median annual rent of AED 109.7K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.