Project · Transactions · 2024

5th Avenue Property Transactions 2024

30 property sales worth ⃃ 54.96M were registered in 5th Avenue in 2024, 54.5% lower than 2023 by number of sales. The median sale price was ⃃ 2,022,672 and the median price per square foot ⃃ 953 (+1.3% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 30 salesUpdated: 18 Oct 2026
Property sales
30
−54.5% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 54.96M
−33.9% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 2,022,672
+59.0% vs 2023
30 sales
Median price per sq ft
⃃ 953
+1.3% vs 2023
30 sales

What types of property sold in 5th Avenue in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments30100%⃃ 54.96M⃃ 2,022,672⃃ 953

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)2583.3%⃃ 46.23M⃃ 2,050,006⃃ 945
Resale (secondary)516.7%⃃ 8.72M⃃ 1,700,000⃃ 1,097
Ready30100%⃃ 54.96M⃃ 2,022,672⃃ 953

How many rental contracts were registered in 5th Avenue in 2024?

57 rental contracts (new and renewed) were registered in 5th Avenue in 2024, at a median annual rent of ⃃ 83,000 (+9.3% on 2023). Rental yields in 5th Avenue

What were the most expensive property sales in 5th Avenue in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
18/09/20245th Avenue3 beds · Apartment2,288 sq ft⃃ 2,475,000Resale · Ready
15/03/20245th Avenue3 beds · Apartment2,022 sq ft⃃ 2,450,000Primary · Ready
08/08/20245th Avenue3 beds · Apartment2,990 sq ft⃃ 2,450,000Primary · Ready
15/05/20245th Avenue3 beds · Apartment3,226 sq ft⃃ 2,322,389Primary · Ready
29/04/20245th Avenue3 beds · Apartment2,283 sq ft⃃ 2,180,408Primary · Ready
11/07/20245th Avenue3 beds · Apartment2,283 sq ft⃃ 2,180,303Primary · Ready
15/03/20245th Avenue3 beds · Apartment2,274 sq ft⃃ 2,150,000Primary · Ready
14/05/20245th Avenue3 beds · Apartment2,323 sq ft⃃ 2,148,359Primary · Ready
07/10/20245th Avenue3 beds · Apartment2,143 sq ft⃃ 2,143,435Primary · Ready
23/09/20245th Avenue3 beds · Apartment2,143 sq ft⃃ 2,143,112Primary · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
20/12/20245th Avenue2 beds · Apartment1,336 sq ft⃃ 1,700,000Resale · Ready
20/11/20245th Avenue1 bed · Apartment1,074 sq ft⃃ 1,100,000Resale · Ready
07/10/20245th Avenue3 beds · Apartment2,143 sq ft⃃ 2,143,435Primary · Ready
24/09/20245th Avenue3 beds · Apartment2,141 sq ft⃃ 2,141,390Primary · Ready
23/09/20245th Avenue3 beds · Apartment2,143 sq ft⃃ 2,143,112Primary · Ready
18/09/20245th Avenue3 beds · Apartment2,288 sq ft⃃ 2,475,000Resale · Ready
09/09/20245th Avenue2 beds · Apartment1,304 sq ft⃃ 1,430,000Resale · Ready
08/08/20245th Avenue3 beds · Apartment2,990 sq ft⃃ 2,450,000Primary · Ready
15/07/20245th Avenue3 beds · Apartment2,143 sq ft⃃ 2,121,788Primary · Ready
11/07/20245th Avenue3 beds · Apartment2,283 sq ft⃃ 2,180,303Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/5th-avenue/2024
5th Avenue Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/5th-avenue/2024

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in 5th Avenue in 2024?
30 property sales worth ⃃ 54,956,307 were registered in 5th Avenue in 2024. That is 54.5% lower than 2023.
What was the median property price in 5th Avenue in 2024?
The median sale price was ⃃ 2,022,672 and the median price per square foot ⃃ 953 (1 Jan – 31 Dec 2024).
What share of 2024 sales in 5th Avenue were off-plan or from developers?
Developer (primary) sales were 83.3% of the 30 sales and resales 16.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/5th-avenue/2024