Area · Transactions · 2024

Al Safouh Second Property Transactions 2024

431 property sales worth ⃃ 3.3B were registered in Al Safouh Second in 2024, 142.1% higher than 2023 by number of sales. The median sale price was ⃃ 3,435,000 and the median price per square foot ⃃ 3,140 (+0.5% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 431 salesUpdated: 17 Oct 2026
Property sales
431
+142.1% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 3.3B
−20.1% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 3,435,000
−48.3% vs 2023
431 sales
Median price per sq ft
⃃ 3,140
+0.5% vs 2023
431 sales

What types of property sold in Al Safouh Second in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments42297.9%⃃ 2B⃃ 3,396,840⃃ 3,142

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)35983.3%⃃ 1.8B⃃ 3,365,000⃃ 3,166
Resale (secondary)7216.7%⃃ 1.5B⃃ 3,732,294⃃ 2,620
Off-plan38589.3%⃃ 1.9B⃃ 3,324,000⃃ 3,166
Ready4610.7%⃃ 1.4B⃃ 4,100,669⃃ 2,366

How many rental contracts were registered in Al Safouh Second in 2024?

2,450 rental contracts (new and renewed) were registered in Al Safouh Second in 2024, at a median annual rent of ⃃ 170,411 (+9.3% on 2023). Rental yields in Al Safouh Second

What were the most expensive property sales in Al Safouh Second in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
18/10/2024Site APlot128,412 sq ft⃃ 720,000,000Resale · Ready
08/08/2024Site APlot32,993 sq ft⃃ 255,000,000Resale · Ready
05/02/2024Site APlot68,156 sq ft⃃ 80,000,000Primary · Ready
21/03/2024Site APlot27,269 sq ft⃃ 75,385,151Primary · Ready
12/06/2024Site APlot59,777 sq ft⃃ 42,000,000Resale · Ready
23/01/2024The S Tower5 beds · Apartment11,176 sq ft⃃ 35,000,000Resale · Off-plan
23/12/2024Site APlot21,412 sq ft⃃ 33,500,000Resale · Ready
19/08/2024Site APlot75,030 sq ft⃃ 32,000,000Primary · Ready
18/12/2024The S Tower4 beds · Apartment4,782 sq ft⃃ 23,381,563Primary · Off-plan
19/08/2024Site APlot58,040 sq ft⃃ 20,500,000Primary · 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-safouh-second/2024
Al Safouh Second Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-safouh-second/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 Safouh Second in 2024?
431 property sales worth ⃃ 3,276,586,641 were registered in Al Safouh Second in 2024. That is 142.1% higher than 2023.
What was the median property price in Al Safouh Second in 2024?
The median sale price was ⃃ 3,435,000 and the median price per square foot ⃃ 3,140 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Al Safouh Second were off-plan or from developers?
Developer (primary) sales were 83.3% of the 431 sales and resales 16.7%. Off-plan units made up 89.3% and ready units 10.7%. 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/2024