Building · Transactions · 2022

Avenue Residence 1 Property Transactions 2022

4 property sales worth ⃃ 3.54M were registered in Avenue Residence 1 in 2022, 100.0% higher than 2021 by number of sales. The median sale price was ⃃ 980,000 and the median price per square foot ⃃ 677 (+25.5% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 4 salesUpdated: 18 Oct 2026
Property sales
4
+100.0% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 3.54M
+148.9% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 980,000
+38.0% vs 2021
4 sales
Median price per sq ft
⃃ 677
+25.5% vs 2021
4 sales

What types of property sold in Avenue Residence 1 in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4100%⃃ 3.54M⃃ 980,000⃃ 677

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
Resale (secondary)4100%⃃ 3.54M⃃ 980,000⃃ 677
Ready4100%⃃ 3.54M⃃ 980,000⃃ 677

How many rental contracts were registered in Avenue Residence 1 in 2022?

65 rental contracts (new and renewed) were registered in Avenue Residence 1 in 2022, at a median annual rent of ⃃ 66,000 (+10.0% on 2021). Rental yields in Avenue Residence 1

What were the most expensive property sales in Avenue Residence 1 in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/07/2022Avenue Residence 12 beds · Apartment1,025 sq ft⃃ 1,075,000Resale · Ready
16/06/2022Avenue Residence 12 beds · Apartment1,800 sq ft⃃ 1,020,000Resale · Ready
02/11/2022Avenue Residence 12 beds · Apartment1,195 sq ft⃃ 940,000Resale · Ready
21/09/2022Avenue Residence 12 beds · Apartment1,480 sq ft⃃ 500,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
02/11/2022Avenue Residence 12 beds · Apartment1,195 sq ft⃃ 940,000Resale · Ready
21/09/2022Avenue Residence 12 beds · Apartment1,480 sq ft⃃ 500,000Resale · Ready
14/07/2022Avenue Residence 12 beds · Apartment1,025 sq ft⃃ 1,075,000Resale · Ready
16/06/2022Avenue Residence 12 beds · Apartment1,800 sq ft⃃ 1,020,000Resale · 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 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/avenue-residence-1/2022
Avenue Residence 1 Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/avenue-residence-1/2022

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 Avenue Residence 1 in 2022?
4 property sales worth ⃃ 3,535,000 were registered in Avenue Residence 1 in 2022. That is 100.0% higher than 2021.
What was the median property price in Avenue Residence 1 in 2022?
The median sale price was ⃃ 980,000 and the median price per square foot ⃃ 677 (1 Jan – 31 Dec 2022).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/avenue-residence-1/2022