Overview of Dubai real estate in January 2024
Total property sales transactions
Figures taken from: dxbinteract.com
11 029
Sales
+12.9% compared with January 2023
6 011
Sales
+6% compared with January 2023
5 018
Sales
+22.5% compared to January 2023
Total sales value
AED 20 billion
+52.9% compared with January 2023
3 332
Apartments
AED 5.5 billion
Sales value
+15% compared with January 2023
376
Villas
AED 1.7 billion
Sales value
-38.6% compared with January 2023
253
Commercial premises
540.2 million AED
Sales value
-4.5% compared with January 2023
1 057
Land
AED 12.3 billion
Sales value
+227.2% compared with January 2023
Average rental rates in Dubai in January 2024
Apartments
Average apartment rental price
70 000 AED
+25% compared with January 2023
Villas
Average price of a villa rental
170,000 AED
+13.3% compared with January 2023
Commercial premises
Average rental price
59,500 AED
+41.7% compared with January 2023
Neighborhoods with the most sales in January 2024
Al Barsha South
Number of sales: 1233 transactions
Sales value: AED 1.140 billion
Business Bay
Number of sales: 833 transactions
Sales value: AED 2.028 billion
Madinat Dubai Almelaheyah
Number of sales: 653 transactions
Sales value: AED 1.347 billion
Dubai Marina
Number of sales: 539 transactions
Sales value: AED 1.842 billion
Dubai Hills Estate
Number of sales: 432 transactions
Sales value: AED 879 million
