Project · Transactions · 2024

Alwan Residence 1 Property Transactions 2024

4 property sales worth ⃃ 1.55M were registered in Alwan Residence 1 in 2024, 80.0% lower than 2023 by number of sales. The median sale price was ⃃ 376,394 and the median price per square foot ⃃ 770 (+2.6% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 4 salesUpdated: 17 Oct 2026
Property sales
4
−80.0% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 1.55M
−85.3% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 376,394
0.0% vs 2023
4 sales
Median price per sq ft
⃃ 770
+2.6% vs 2023
4 sales

What types of property sold in Alwan Residence 1 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4100%⃃ 1.55M⃃ 376,394⃃ 770

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
Resale (secondary)4100%⃃ 1.55M⃃ 376,394⃃ 770
Ready4100%⃃ 1.55M⃃ 376,394⃃ 770

How many rental contracts were registered in Alwan Residence 1 in 2024?

403 rental contracts (new and renewed) were registered in Alwan Residence 1 in 2024, at a median annual rent of ⃃ 42,680 (+10.9% on 2023). Rental yields in Alwan Residence 1

What were the most expensive property sales in Alwan Residence 1 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/11/2024Alwan Residence 1Studio · Apartment501 sq ft⃃ 460,000Resale · Ready
22/10/2024Alwan Residence 1Studio · Apartment480 sq ft⃃ 411,170Resale · Ready
04/07/2024Alwan Residence 1Studio · Apartment501 sq ft⃃ 341,618Resale · Ready
04/07/2024Alwan Residence 1Studio · Apartment500 sq ft⃃ 341,470Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
19/11/2024Alwan Residence 1Studio · Apartment501 sq ft⃃ 460,000Resale · Ready
22/10/2024Alwan Residence 1Studio · Apartment480 sq ft⃃ 411,170Resale · Ready
04/07/2024Alwan Residence 1Studio · Apartment500 sq ft⃃ 341,470Resale · Ready
04/07/2024Alwan Residence 1Studio · Apartment501 sq ft⃃ 341,618Resale · 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/alwan-residence-1/2024
Alwan Residence 1 Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/alwan-residence-1/2024

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 Alwan Residence 1 in 2024?
4 property sales worth ⃃ 1,554,258 were registered in Alwan Residence 1 in 2024. That is 80.0% lower than 2023.
What was the median property price in Alwan Residence 1 in 2024?
The median sale price was ⃃ 376,394 and the median price per square foot ⃃ 770 (1 Jan – 31 Dec 2024).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/alwan-residence-1/2024