Area · Transactions · 2024

Al Wasl Property Transactions 2024

1,765 property sales worth ⃃ 9.7B were registered in Al Wasl in 2024, 22.2% higher than 2023 by number of sales. The median sale price was ⃃ 3,424,860 and the median price per square foot ⃃ 2,780 (+17.5% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 1,765 salesUpdated: 17 Oct 2026
Property sales
1,765
+22.2% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 9.7B
+11.1% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 3,424,860
+8.7% vs 2023
1,765 sales
Median price per sq ft
⃃ 2,780
+17.5% vs 2023
1,765 sales

What types of property sold in Al Wasl in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1,72197.5%⃃ 8.2B⃃ 3,400,000⃃ 2,793
Villas20.1%⃃ 76.5M⃃ 38,250,000⃃ 5,191
Commercial120.7%⃃ 35.36M⃃ 2,167,634⃃ 1,999

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)1,03758.8%⃃ 6.7B⃃ 3,410,000⃃ 3,004
Resale (secondary)72841.2%⃃ 3B⃃ 3,477,995⃃ 2,279
Off-plan1,39779.2%⃃ 7B⃃ 3,336,000⃃ 2,885
Ready36820.8%⃃ 2.7B⃃ 3,800,000⃃ 2,150

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

1,225 rental contracts (new and renewed) were registered in Al Wasl in 2024, at a median annual rent of ⃃ 187,250 (+10.1% on 2023). Rental yields in Al Wasl

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

The ten highest registered sale prices in the year.

No transactions on record for this selection.

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-wasl/2024
Al Wasl Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-wasl/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 Wasl in 2024?
1,765 property sales worth ⃃ 9,700,430,624 were registered in Al Wasl in 2024. That is 22.2% higher than 2023.
What was the median property price in Al Wasl in 2024?
The median sale price was ⃃ 3,424,860 and the median price per square foot ⃃ 2,780 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Al Wasl were off-plan or from developers?
Developer (primary) sales were 58.8% of the 1,765 sales and resales 41.2%. Off-plan units made up 79.2% and ready units 20.8%. Primary/resale and off-plan/ready are different splits.

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