Dubai property market, November 2024: median AED 1,551/sqft, up 9.6% year on year
Monthly edition · published 15 Oct 2026 · data as registered by 12 Oct 2026 · methodology v2.1
In November 2024 the Dubai Land Department registered 14,021 residential sale transactions worth AED 36.8B. Over the 12 months to 30 Nov 2024 the median price of apartments and villas was AED 1,551/sqft, up 9.6% on the prior 12 months. Off-plan sales were 59.5% of the 12-month total. Figures count registered sales from official DLD open data, never listings or asking prices.
Compiled retrospectively on 15 Oct 2026, when this series of monthly editions began. It uses the register as it stood then, so its November 2024 count includes registrations that arrived after the month’s regular publication date.
Median price · 12M to 30 Nov 2024
AED 1,551/sqft
Source: DLD via Dubai Pulse · Updated · Methodology ↗
Sales registered in November 2024
14,021
Source: DLD via Dubai Pulse · Updated · Methodology ↗
November 2024 in detail
- Median price per sqft, month
- AED 1,520 (IQR 1,194–2,049)
- Ready homes, median per sqft
- AED 1,252
- Off-plan homes, median per sqft
- AED 1,621
- Off-plan share of the month’s sales
- 58.8%
- 12-month median a year earlier
- AED 1,415
- DLD price index, Q3 2024
- 150.7, +11.3% YoY
Month-level figures are a snapshot of a month that is still filling in; the 12-month figures are the settled ones. Why the median, the DLD index and mix-adjusted indices can differ is explained on median vs index.
Source: DLD via Dubai Pulse · Updated · registered sales · built residential psf · edition frozen at publication · Methodology ↗
Largest price moves by area
Ready-resale median price per sqft, 12 months to 30 Nov 2024 against the 12 months before, areas with at least 50 sales in each window.
Rising
- Dubai Studio CityAED 1,318/sqft · +70.2%
- Dubai Science ParkAED 1,223/sqft · +40.6%
- International City Phase 2AED 780/sqft · +36.1%
Falling
- Al FurjanAED 998/sqft · -2.7%
- Dubai Production CityAED 953/sqft · -1.4%
- Umm Suqeim ThirdAED 2,591/sqft · -1.1%
Source: DLD via Dubai Pulse · Updated · ready resale · built residential · n ≥ 50 per window · Methodology ↗
Suggested citation
Dubai Real Estate Data, Dubai Property Market Report November 2024, data as registered by 12 Oct 2026. https://www.dubairealestatedata.com/report/2024-11
Free to reuse with attribution to the Dubai Land Department as the data source and a link to this page. Machine-readable copy: /report/2024-11.md.