Market reports / December 2022

Dubai property market - December 2022

7,949
Registered sales
AED 178.7亿
Total value
AED 183.9万
Median price
AED 1,561
Median per ft²
47,187
Rent contracts
AED 6.9万
Median annual rent

Dubai recorded 7,949 residential sales in December 2022, worth AED 178.7亿 in total - -19.3% versus the previous month and +64.5% versus a year earlier.

The median sale price was AED 183.9万, at a median of AED 1,561 per ft² (-3.5% month-on-month, +10.8% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 47,187 contracts were registered in December 2022, with a median annual rent of AED 6.9万.

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