Area · Transactions · 2022

Al Safouh Second Property Transactions 2022

318 property sales worth ⃃ 2.5B were registered in Al Safouh Second in 2022, 55.1% higher than 2021 by number of sales. The median sale price was ⃃ 3,440,500 and the median price per square foot ⃃ 2,513 (+11.8% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 318 salesUpdated: 17 Oct 2026
Property sales
318
+55.1% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 2.5B
+248.6% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 3,440,500
+17.3% vs 2021
318 sales
Median price per sq ft
⃃ 2,513
+11.8% vs 2021
318 sales

What types of property sold in Al Safouh Second in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments31398.4%⃃ 2B⃃ 3,433,100⃃ 2,514

How were 2022 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)28790.3%⃃ 1.9B⃃ 3,442,000⃃ 2,509
Resale (secondary)319.7%⃃ 537.29M⃃ 3,400,000⃃ 2,563
Off-plan27586.5%⃃ 1.9B⃃ 3,419,000⃃ 2,526
Ready4313.5%⃃ 590.25M⃃ 3,859,329⃃ 2,193

How many rental contracts were registered in Al Safouh Second in 2022?

2,191 rental contracts (new and renewed) were registered in Al Safouh Second in 2022, at a median annual rent of ⃃ 142,097 (+5.3% on 2021). Rental yields in Al Safouh Second

What were the most expensive property sales in Al Safouh Second in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/09/2022The S TowerPlot56,699 sq ft⃃ 255,000,000Resale · Ready
18/10/2022Site APlot33,768 sq ft⃃ 100,000,000Resale · Ready
21/02/2022Site APlot32,993 sq ft⃃ 50,000,000Resale · Ready
29/03/2022Site APlot59,777 sq ft⃃ 28,000,000Resale · Ready
14/03/2022Cavalli Casa Tower5 beds · Apartment6,175 sq ft⃃ 26,493,000Primary · Off-plan
18/02/2022Cavalli Casa Tower5 beds · Apartment6,256 sq ft⃃ 26,292,000Primary · Off-plan
18/11/2022Cavalli Casa Tower5 beds · Apartment6,175 sq ft⃃ 25,600,000Primary · Off-plan
17/08/2022Cavalli Casa Tower5 beds · Apartment6,256 sq ft⃃ 25,323,000Primary · Off-plan
11/08/2022Cavalli Casa Tower5 beds · Apartment6,175 sq ft⃃ 25,132,000Primary · Off-plan
23/06/2022Cavalli Casa Tower3 beds · Apartment4,858 sq ft⃃ 17,727,720Primary · Off-plan

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
29/12/2022Cavalli Casa Tower2 beds · Apartment1,270 sq ft⃃ 2,953,902Resale · Off-plan
29/12/2022The S Tower4 beds · Apartment4,815 sq ft⃃ 15,036,984Primary · Off-plan
27/12/2022Cavalli Casa Tower3 beds · Apartment3,939 sq ft⃃ 16,287,000Primary · Off-plan
26/12/2022Cavalli Casa Tower1 bed · Apartment895 sq ft⃃ 2,460,000Resale · Off-plan
23/12/2022Cavalli Casa Tower2 beds · Apartment1,286 sq ft⃃ 3,400,000Resale · Off-plan
22/12/2022Cavalli Casa Tower3 beds · Apartment3,258 sq ft⃃ 13,792,000Primary · Off-plan
20/12/2022The S Tower4 beds · Apartment4,815 sq ft⃃ 15,036,984Primary · Off-plan
19/12/2022Cavalli Casa Tower3 beds · Apartment3,943 sq ft⃃ 16,260,000Primary · Off-plan
14/12/2022The S Tower4 beds · Apartment4,815 sq ft⃃ 15,036,984Primary · Off-plan
14/12/2022The S Tower4 beds · Apartment4,815 sq ft⃃ 15,036,984Primary · Off-plan

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 2022 with the whole of 2021.
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-safouh-second/2022
Al Safouh Second Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-safouh-second/2022

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 Safouh Second in 2022?
318 property sales worth ⃃ 2,485,197,781 were registered in Al Safouh Second in 2022. That is 55.1% higher than 2021.
What was the median property price in Al Safouh Second in 2022?
The median sale price was ⃃ 3,440,500 and the median price per square foot ⃃ 2,513 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Al Safouh Second were off-plan or from developers?
Developer (primary) sales were 90.3% of the 318 sales and resales 9.7%. Off-plan units made up 86.5% and ready units 13.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/al-safouh-second/2022