Market reports / November 2024
Dubai property market - November 2024
- 13,388
- Registered sales
- AED 29.4B
- Total value
- AED 1.9M
- Median price
- AED 1,665
- Median per ft²
- 54,642
- Rent contracts
- AED 85K
- Median annual rent
Dubai recorded 13,388 residential sales in November 2024, worth AED 29.4B in total - -28.6% versus the previous month and +31.4% versus a year earlier.
The median sale price was AED 1.9M, at a median of AED 1,665 per ft² (-3.5% month-on-month, +2.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 54,642 contracts were registered in November 2024, with a median annual rent of AED 85K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.