Market reports / January 2023

Dubai property market - January 2023

8 508
Registered sales
AED 20,1 млрд
Total value
AED 2 млн
Median price
AED 1 630
Median per ft²
57 779
Rent contracts
AED 100,6 тыс.
Median annual rent

Dubai recorded 8 508 residential sales in January 2023, worth AED 20,1 млрд in total - +7.0% versus the previous month and +80.4% versus a year earlier.

The median sale price was AED 2 млн, at a median of AED 1 630 per ft² (+4.4% month-on-month, +16.4% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 57 779 contracts were registered in January 2023, with a median annual rent of AED 100,6 тыс..

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