Master Project · Transactions · 2022

Festival City Property Transactions 2022

38 property sales worth ⃃ 111.37M were registered in Festival City in 2022, 8.6% higher than 2021 by number of sales. The median sale price was ⃃ 2,950,000 and the median price per square foot ⃃ 1,133 (+27.4% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 38 salesUpdated: 19 Oct 2026
Property sales
38
+8.6% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 111.37M
+28.8% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 2,950,000
+31.1% vs 2021
38 sales
Median price per sq ft
⃃ 1,133
+27.4% vs 2021
38 sales

What types of property sold in Festival City in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3797.4%⃃ 105.47M⃃ 2,900,000⃃ 1,081
Villas12.6%⃃ 5.9M⃃ 5,900,000⃃ 1,528

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
Primary (developer sales)1950%⃃ 61.56M⃃ 3,378,000⃃ 1,416
Resale (secondary)1950%⃃ 49.81M⃃ 2,200,000⃃ 967

What were the most expensive property sales in Festival City in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
04/01/2022Marsa Plaza - Core 14 beds · Apartment3,756 sq ft⃃ 6,256,000Primary · Ready
19/12/2022Festival City4 beds · Villa3,819 sq ft⃃ 5,900,000Resale · Ready
30/05/2022Al Badia Residences Buildings 104 beds · Apartment7,031 sq ft⃃ 4,129,000Resale · Ready
01/02/2022Marsa Plaza - Core 23 beds · Apartment2,443 sq ft⃃ 3,805,000Primary · Ready
04/07/2022Marsa Plaza - Core 13 beds · Apartment2,500 sq ft⃃ 3,727,000Primary · Ready
02/02/2022Al Badia Residences Buildings 34 beds · Apartment5,043 sq ft⃃ 3,653,100Primary · Ready
29/12/2022Marsa Plaza - Core 23 beds · Apartment2,435 sq ft⃃ 3,571,000Resale · Ready
23/06/2022Marsa Plaza - Core 13 beds · Apartment2,500 sq ft⃃ 3,550,000Primary · Ready
15/08/2022Al Badia Residences Buildings 103 beds · Apartment3,239 sq ft⃃ 3,500,000Resale · Ready
12/04/2022Marsa Plaza - Core 23 beds · Apartment2,383 sq ft⃃ 3,500,000Primary · Ready

What were the last registered sales of 2022?

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 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/festival-city/2022
Festival City Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/festival-city/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 Festival City in 2022?
38 property sales worth ⃃ 111,368,100 were registered in Festival City in 2022. That is 8.6% higher than 2021.
What was the median property price in Festival City in 2022?
The median sale price was ⃃ 2,950,000 and the median price per square foot ⃃ 1,133 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Festival City were off-plan or from developers?
Developer (primary) sales were 50% of the 38 sales and resales 50%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/festival-city/2022