Market reports / February 2024

Dubai property market - February 2024

10,936
Registered sales
AED 233.6亿
Total value
AED 186.8万
Median price
AED 1,729
Median per ft²
50,878
Rent contracts
AED 7.3万
Median annual rent

Dubai recorded 10,936 residential sales in February 2024, worth AED 233.6亿 in total - +7.0% versus the previous month and +31.6% versus a year earlier.

The median sale price was AED 186.8万, at a median of AED 1,729 per ft² (-0.6% month-on-month, +16.7% year-on-year). Medians are computed across individual registered transactions - see the methodology.

On the rental side, 50,878 contracts were registered in February 2024, with a median annual rent of AED 7.3万.

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