Area · Transactions · 2024

Al Kifaf Property Transactions 2024

852 property sales worth ⃃ 2.3B were registered in Al Kifaf in 2024, 23.7% higher than 2023 by number of sales. The median sale price was ⃃ 2,437,777 and the median price per square foot ⃃ 2,034 (+15.1% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 852 salesUpdated: 19 Oct 2026
Property sales
852
+23.7% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 2.3B
+47.3% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 2,437,777
+12.9% vs 2023
852 sales
Median price per sq ft
⃃ 2,034
+15.1% vs 2023
852 sales

What types of property sold in Al Kifaf in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments852100%⃃ 2.3B⃃ 2,437,777⃃ 2,034

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)72284.7%⃃ 2B⃃ 2,427,777⃃ 2,055
Resale (secondary)13015.3%⃃ 329.81M⃃ 2,494,500⃃ 1,840
Off-plan65376.6%⃃ 1.7B⃃ 2,384,777⃃ 2,046
Ready19923.4%⃃ 585.48M⃃ 2,750,000⃃ 1,931

How many rental contracts were registered in Al Kifaf in 2024?

585 rental contracts (new and renewed) were registered in Al Kifaf in 2024, at a median annual rent of ⃃ 130,000 (+8.3% on 2023). Rental yields in Al Kifaf

What were the most expensive property sales in Al Kifaf in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/12/2024Park Gate Residences 15 beds · Apartment4,359 sq ft⃃ 11,880,000Resale · Ready
09/09/20241 Residences - 23 beds · Apartment2,982 sq ft⃃ 8,323,619Primary · Ready
05/02/20241 Residences - 13 beds · Apartment2,984 sq ft⃃ 8,232,935Primary · Ready
18/12/2024Park Views Residences A4 beds · Apartment2,186 sq ft⃃ 5,464,777Primary · Off-plan
18/10/2024Park Views Residences A4 beds · Apartment2,186 sq ft⃃ 5,342,777Primary · Off-plan
11/12/20241 Residences - 23 beds · Apartment2,022 sq ft⃃ 5,304,438Primary · Ready
26/11/20241 Residences - 23 beds · Apartment2,016 sq ft⃃ 5,258,508Primary · Ready
18/06/20241 Residences - 23 beds · Apartment1,951 sq ft⃃ 5,219,000Primary · Ready
10/11/20241 Residences - 23 beds · Apartment1,932 sq ft⃃ 5,196,369Primary · Ready
03/10/20241 Residences - 23 beds · Apartment1,932 sq ft⃃ 5,146,464Primary · Ready

What were the last registered sales of 2024?

No transactions on record for this selection.

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/al-kifaf/2024
Al Kifaf Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-kifaf/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 Al Kifaf in 2024?
852 property sales worth ⃃ 2,280,501,824 were registered in Al Kifaf in 2024. That is 23.7% higher than 2023.
What was the median property price in Al Kifaf in 2024?
The median sale price was ⃃ 2,437,777 and the median price per square foot ⃃ 2,034 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Al Kifaf were off-plan or from developers?
Developer (primary) sales were 84.7% of the 852 sales and resales 15.3%. Off-plan units made up 76.6% and ready units 23.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/al-kifaf/2024