Building · Transactions · 2022

Farah Tower 1 Property Transactions 2022

4 property sales worth AED 1.74M were registered in Farah Tower 1 in 2022, 55.6% lower than 2021 by number of sales. The median sale price was AED 435,000 and the median price per square foot AED 456 (+23.9% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 4 salesUpdated: 19 Oct 2026
Property sales
4
−55.6% vs 2021
1 Jan – 31 Dec 2022
Total value
AED 1.74M
−36.3% vs 2021
1 Jan – 31 Dec 2022
Median sale price
AED 435,000
+45.0% vs 2021
4 sales
Median price per sq ft
AED 456
+23.9% vs 2021
4 sales

What types of property sold in Farah Tower 1 in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4100%AED 1.74MAED 435,000AED 456

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%AED 1.74MAED 435,000AED 456
Ready4100%AED 1.74MAED 435,000AED 456

How many rental contracts were registered in Farah Tower 1 in 2022?

43 rental contracts (new and renewed) were registered in Farah Tower 1 in 2022, at a median annual rent of AED 30,000 (+7.1% on 2021). Rental yields in Farah Tower 1

What were the most expensive property sales in Farah Tower 1 in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
10/10/2022Farah Tower 12 beds · Apartment1,082 sq ftAED 545,000Resale · Ready
14/02/2022Farah Tower 12 beds · Apartment1,067 sq ftAED 535,000Resale · Ready
17/05/2022Farah Tower 11 bed · Apartment814 sq ftAED 335,000Resale · Ready
15/03/2022Farah Tower 11 bed · Apartment814 sq ftAED 320,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
10/10/2022Farah Tower 12 beds · Apartment1,082 sq ftAED 545,000Resale · Ready
17/05/2022Farah Tower 11 bed · Apartment814 sq ftAED 335,000Resale · Ready
15/03/2022Farah Tower 11 bed · Apartment814 sq ftAED 320,000Resale · Ready
14/02/2022Farah Tower 12 beds · Apartment1,067 sq ftAED 535,000Resale · 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/farah-tower-1/2022
Farah Tower 1 Property Transactions 2022. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/farah-tower-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 Farah Tower 1 in 2022?
4 property sales worth AED 1,735,000 were registered in Farah Tower 1 in 2022. That is 55.6% lower than 2021.
What was the median property price in Farah Tower 1 in 2022?
The median sale price was AED 435,000 and the median price per square foot AED 456 (1 Jan – 31 Dec 2022).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/farah-tower-1/2022