Market reports / April 2023

Dubai property market - April 2023

7,185
Registered sales
AED 153.5亿
Total value
AED 180.4万
Median price
AED 1,542
Median per ft²
44,168
Rent contracts
AED 6.4万
Median annual rent

Dubai recorded 7,185 residential sales in April 2023, worth AED 153.5亿 in total - -33.7% versus the previous month and +23.2% versus a year earlier.

The median sale price was AED 180.4万, at a median of AED 1,542 per ft² (+2.7% month-on-month, +11.5% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 44,168 contracts were registered in April 2023, with a median annual rent of AED 6.4万.

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