# Dubai property market, December 2024: median AED 1,556/sqft, up 9.7% year on year — Dubai Real Estate Data

> Median AED 1,556/sqft over the 12 months to 31 Dec 2024, up 9.7% year on year; 15,174 sales registered in December 2024. Monthly report from official DLD open data.
> Edition published 15 Oct 2026, data as registered by 12 Oct 2026, methodology v2.1. Frozen as published; compiled retrospectively when the series began.

## Trailing 12 months to 31 Dec 2024

- Median price per sqft (built residential): AED 1,556/sqft (n = 152,600, +9.7% vs the prior 12 months)
- Interquartile range: AED 1,192–2,165/sqft
- Registered sales: 175,747 (AED 458B)
- Off-plan share: 60.2%

## December 2024

- Registered sales at publication: 15,174 (AED 38B)
- Median price per sqft: AED 1,589/sqft (n = 12,926)
- Ready homes, median per sqft: AED 1,317/sqft
- Off-plan homes, median per sqft: AED 1,688/sqft
- Off-plan share of the month's sales: 61.5%
- DLD residential price index (Q4 2024): 153.7 (+13.3% YoY)

Month-level figures describe a month that was still filling in; the 12-month figures are the settled ones.

## Largest ready-resale price moves by area (12 months, n ≥ 50 per window)

- Dubai Studio City: AED 1,336/sqft, +72.3% (n = 304)
- Dubai Science Park: AED 1,227/sqft, +40.3% (n = 280)
- International City Phase 2: AED 786/sqft, +34.3% (n = 738)
- Umm Suqeim Third: AED 2,581/sqft, -2.4% (n = 117)
- Al Furjan: AED 1,011/sqft, -2.2% (n = 1,493)
- Dubai Production City: AED 959/sqft, -2% (n = 1,288)

## Cite

Dubai Real Estate Data, Dubai Property Market Report December 2024, data as registered by 12 Oct 2026. https://www.dubairealestatedata.com/report/2024-12

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- Source: Dubai Land Department (DLD) open data via Dubai Pulse (https://dubailand.gov.ae/en/open-data/real-estate-data/)
- Data through: 12 Oct 2026 · registered transactions only · updated weekly
- License: CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/) — free to reuse with attribution
- Attribution: "Dubai Real Estate Data (dubairealestatedata.com), based on Dubai Land Department open data"
- Canonical page: https://www.dubairealestatedata.com/report/2024-12 (this markdown mirror: https://www.dubairealestatedata.com/report/2024-12.md)
- Methodology: https://www.dubairealestatedata.com/methodology#medians
- Independent analytics; not affiliated with, or endorsed by, the Government of Dubai, the Dubai Land Department or any government entity. Not investment advice, not a valuation.