Market reports / September 2024

Dubai property market - September 2024

16,366
Registered sales
AED 34.3B
Total value
AED 1.8M
Median price
AED 1,691
Median per ft²
56,293
Rent contracts
AED 87K
Median annual rent

Dubai recorded 16,366 residential sales in September 2024, worth AED 34.3B in total - +10.5% versus the previous month and +35.5% versus a year earlier.

The median sale price was AED 1.8M, at a median of AED 1,691 per ft² (-0.6% month-on-month, +3.0% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 56,293 contracts were registered in September 2024, with a median annual rent of AED 87K.

For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.