Market reports / February 2023

Dubai property market - February 2023

8 308
Registered sales
AED 18,3 млрд
Total value
AED 1,8 млн
Median price
AED 1 482
Median per ft²
46 064
Rent contracts
AED 77,5 тыс.
Median annual rent

Dubai recorded 8 308 residential sales in February 2023, worth AED 18,3 млрд in total - -2.4% versus the previous month and +61.2% versus a year earlier.

The median sale price was AED 1,8 млн, at a median of AED 1 482 per ft² (-9.1% month-on-month, +11.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 46 064 contracts were registered in February 2023, with a median annual rent of AED 77,5 тыс..

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