Overview of Dubai real estate in February 2024
Total property sales transactions
Figures taken from: dxbinteract.com
12 025
Sales
+34% compared with February 2023
6 635
Sales
+29% compared with February 2023
5 390
Sales
+40.6% compared with February 2023
Total sales value
AED 22.9 billion
+85.1% compared with February 2023
3 628
Apartments
AED 6.2 billion
Sales value
+31.8% compared with February 2023
381
Villas
AED 1.4 billion
Sales value
-26.2% compared with February 2023
284
Commercial premises
AED 533.2 million
Sales value
+19.8% compared with February 2023
1 097
Land
AED 14.7 billion
Sales value
+235.5% compared with February 2023
Average rental rates in Dubai in February 2024
Apartments
Average apartment rental price
72,500 AED
+20.8% compared with February 2023
Villas
Average price of a villa rental
170,000 AED
+17.2% compared with February 2023
Commercial premises
Average rental price
70 000 AED
+0% compared with February 2023
Neighborhoods with the most sales in February 2024
Al Barsha South
Number of sales: 1152 transactions
Sales value: AED 1.121 billion
Madinat Dubai Almelaheyah
Number of sales: 1,035 transactions
Sales value: AED 1.938 billion
Business Bay
Number of sales: 758 transactions
Sales value: AED 1.602 billion
Dubai Marina
Number of sales: 564 transactions
Sales value: AED 2.008 billion
Al Merkadh
Number of sales: 486 transactions
Sales value: AED 773 million
