Market reports / February 2023

Dubai property market - February 2023

8,308
Registered sales
AED 183億
Total value
AED 181萬
Median price
AED 1,482
Median per ft²
46,064
Rent contracts
AED 7.8萬
Median annual rent

Dubai recorded 8,308 residential sales in February 2023, worth AED 183億 in total - -2.4% versus the previous month and +61.2% versus a year earlier.

The median sale price was AED 181萬, 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 7.8萬.

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