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Dubai Real Estate Data

Dubai property market, December 2024: median AED 1,556/sqft, up 9.7% year on year

Monthly edition · published 15 Oct 2026 · data as registered by 12 Oct 2026 · methodology v2.1

In December 2024 the Dubai Land Department registered 15,174 residential sale transactions worth AED 38B. Over the 12 months to 31 Dec 2024 the median price of apartments and villas was AED 1,556/sqft, up 9.7% on the prior 12 months. Off-plan sales were 60.2% 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 December 2024 count includes registrations that arrived after the month’s regular publication date.

Median price · 12M to 31 Dec 2024

AED 1,556/sqft

▲ 9.7%YoY

Source: DLD via Dubai Pulse · Updated · Methodology ↗

Sales registered in December 2024

15,174

at publication

Source: DLD via Dubai Pulse · Updated · Methodology ↗

Sales · 12M

175,747

AED 458B

Source: DLD via Dubai Pulse · Updated · Methodology ↗

Off-plan share · 12M

60.2%

of registered sales

Source: DLD via Dubai Pulse · Updated · Methodology ↗

December 2024 in detail

Median price per sqft, month
AED 1,589 (IQR 1,249–2,152)
Ready homes, median per sqft
AED 1,317
Off-plan homes, median per sqft
AED 1,688
Off-plan share of the month’s sales
61.5%
12-month median a year earlier
AED 1,418
DLD price index, Q4 2024
153.7, +13.3% 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 31 Dec 2024 against the 12 months before, areas with at least 50 sales in each window.

Rising

Falling

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 December 2024, data as registered by 12 Oct 2026. https://www.dubairealestatedata.com/report/2024-12

Free to reuse with attribution to the Dubai Land Department as the data source and a link to this page. Machine-readable copy: /report/2024-12.md.