Market reports / July 2023

Dubai property market - July 2023

9,325
Registered sales
AED 217.2億
Total value
AED 192.1萬
Median price
AED 1,600
Median per ft²
46,331
Rent contracts
AED 16.3萬
Median annual rent

Dubai recorded 9,325 residential sales in July 2023, worth AED 217.2億 in total - -3.0% versus the previous month and +50.2% versus a year earlier.

The median sale price was AED 192.1萬, 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 16.3萬.

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