Residential sale price fluctuations in Dubai UAE Q3 2022, by location

Published by Statista Research Department, Jun 28, 2024
In the third quarter of 2022, Pal Jumeirah Villas had the biggest price increase of 4,831 Emirati dirhams per square feet which was more than twice the next closet price increase of 2,159 AED in Downtown Dubai. Dubai Creek Harbour had the biggest price drop of 1,682 AED. During this period the average price per square feet of residential real estate increased in all areas of Dubai except for five locations.

Residential sale price fluctuations in Dubai United Arab Emirates in 3rd quarter, by location (in Emirati dirhams per square feet)

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Release date

January 2023

Region

United Arab Emirates, MENA

Survey time period

Third quarter 2021 to third quarter 2022

Special properties

Sales prices are quoted in AED per square feet

Supplementary notes

Note: 1 AED (Emirati dirham) equals approximately 0.27 U.S, dollars and 0.25 euros (as of November 2023).

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