Market reports / May 2023
Dubai property market - May 2023
- 10 666
- Registered sales
- AED 25,2 млрд
- Total value
- AED 1,9 млн
- Median price
- AED 1 644
- Median per ft²
- 40 982
- Rent contracts
- AED 94,1 тыс.
- Median annual rent
Dubai recorded 10 666 residential sales in May 2023, worth AED 25,2 млрд in total - +48.4% versus the previous month and +89.9% versus a year earlier.
The median sale price was AED 1,9 млн, at a median of AED 1 644 per ft² (+6.6% month-on-month, +9.1% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 40 982 contracts were registered in May 2023, with a median annual rent of AED 94,1 тыс..
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.