Market reports / December 2023

Dubai property market - December 2023

10 046
Registered sales
AED 23,4 млрд
Total value
AED 1,9 млн
Median price
AED 1 705
Median per ft²
49 784
Rent contracts
AED 88,9 тыс.
Median annual rent

Dubai recorded 10 046 residential sales in December 2023, worth AED 23,4 млрд in total - -1.4% versus the previous month and +26.4% versus a year earlier.

The median sale price was AED 1,9 млн, at a median of AED 1 705 per ft² (+4.8% month-on-month, +9.2% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 49 784 contracts were registered in December 2023, with a median annual rent of AED 88,9 тыс..

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