Market reports / July 2023

Dubai property market - July 2023

9 325
Registered sales
AED 21,7 млрд
Total value
AED 1,9 млн
Median price
AED 1 600
Median per ft²
46 331
Rent contracts
AED 163,2 тыс.
Median annual rent

Dubai recorded 9 325 residential sales in July 2023, worth AED 21,7 млрд in total - -3.0% versus the previous month and +50.2% versus a year earlier.

The median sale price was AED 1,9 млн, at a median of AED 1 600 per ft² (-4.8% month-on-month, +9.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 46 331 contracts were registered in July 2023, with a median annual rent of AED 163,2 тыс..

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