Building · Transactions · 2020

Farah Tower 1 Property Transactions 2020

6 property sales worth ⃃ 2.38M were registered in Farah Tower 1 in 2020, 14.3% lower than 2019 by number of sales. The median sale price was ⃃ 365,000 and the median price per square foot ⃃ 464 (−15.9% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 6 salesUpdated: 18 Oct 2026
Property sales
6
−14.3% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 2.38M
−22.3% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 365,000
−15.1% vs 2019
6 sales
Median price per sq ft
⃃ 464
−15.9% vs 2019
6 sales

What types of property sold in Farah Tower 1 in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments6100%⃃ 2.38M⃃ 365,000⃃ 464

How were 2020 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)233.3%⃃ 910K⃃ 455,000⃃ 482
Resale (secondary)466.7%⃃ 1.47M⃃ 325,000⃃ 440
Ready6100%⃃ 2.38M⃃ 365,000⃃ 464

How many rental contracts were registered in Farah Tower 1 in 2020?

39 rental contracts (new and renewed) were registered in Farah Tower 1 in 2020, at a median annual rent of ⃃ 32,000 (−11.7% on 2019). Rental yields in Farah Tower 1

What were the most expensive property sales in Farah Tower 1 in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
27/01/2020Farah Tower 12 beds · Apartment1,066 sq ft⃃ 530,000Primary · Ready
30/08/2020Farah Tower 12 beds · Apartment1,067 sq ft⃃ 515,000Resale · Ready
03/02/2020Farah Tower 11 bed · Apartment815 sq ft⃃ 380,000Primary · Ready
15/12/2020Farah Tower 11 bed · Apartment834 sq ft⃃ 350,000Resale · Ready
15/11/2020Farah Tower 11 bed · Apartment834 sq ft⃃ 300,000Resale · Ready
27/07/2020Farah Tower 11 bed · Apartment651 sq ft⃃ 300,000Resale · Ready

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
15/12/2020Farah Tower 11 bed · Apartment834 sq ft⃃ 350,000Resale · Ready
15/11/2020Farah Tower 11 bed · Apartment834 sq ft⃃ 300,000Resale · Ready
30/08/2020Farah Tower 12 beds · Apartment1,067 sq ft⃃ 515,000Resale · Ready
27/07/2020Farah Tower 11 bed · Apartment651 sq ft⃃ 300,000Resale · Ready
03/02/2020Farah Tower 11 bed · Apartment815 sq ft⃃ 380,000Primary · Ready
27/01/2020Farah Tower 12 beds · Apartment1,066 sq ft⃃ 530,000Primary · 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 2020 with the whole of 2019.
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/farah-tower-1/2020
Farah Tower 1 Property Transactions 2020. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/farah-tower-1/2020

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 Farah Tower 1 in 2020?
6 property sales worth ⃃ 2,375,000 were registered in Farah Tower 1 in 2020. That is 14.3% lower than 2019.
What was the median property price in Farah Tower 1 in 2020?
The median sale price was ⃃ 365,000 and the median price per square foot ⃃ 464 (1 Jan – 31 Dec 2020).
What share of 2020 sales in Farah Tower 1 were off-plan or from developers?
Developer (primary) sales were 33.3% of the 6 sales and resales 66.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/farah-tower-1/2020