Project · Transactions · 2022

Genesis Property Transactions 2022

14 property sales worth ⃃ 8.7M were registered in Genesis in 2022, 57.6% lower than 2021 by number of sales. The median sale price was ⃃ 567,500 and the median price per square foot ⃃ 790 (+0.7% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 14 salesUpdated: 17 Oct 2026
Property sales
14
−57.6% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 8.7M
−58.3% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 567,500
−5.4% vs 2021
14 sales
Median price per sq ft
⃃ 790
+0.7% vs 2021
14 sales

What types of property sold in Genesis in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments14100%⃃ 8.7M⃃ 567,500⃃ 790

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)642.9%⃃ 4.5M⃃ 728,200⃃ 923
Resale (secondary)857.1%⃃ 4.21M⃃ 497,500⃃ 713
Ready14100%⃃ 8.7M⃃ 567,500⃃ 790

How many rental contracts were registered in Genesis in 2022?

113 rental contracts (new and renewed) were registered in Genesis in 2022, at a median annual rent of ⃃ 42,000 (+10.5% on 2021). Rental yields in Genesis

What were the most expensive property sales in Genesis in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
03/01/2022Genesis2 beds · Apartment1,018 sq ft⃃ 1,002,611Primary · Ready
13/09/2022Genesis2 beds · Apartment1,017 sq ft⃃ 917,310Primary · Ready
19/12/2022Genesis1 bed · Apartment815 sq ft⃃ 770,000Primary · Ready
24/10/2022Genesis2 beds · Apartment1,015 sq ft⃃ 730,000Resale · Ready
05/04/2022Genesis1 bed · Apartment704 sq ft⃃ 686,400Primary · Ready
25/08/2022Genesis2 beds · Apartment1,015 sq ft⃃ 656,000Resale · Ready
17/10/2022Genesis1 bed · Apartment700 sq ft⃃ 570,000Primary · Ready
07/11/2022Genesis1 bed · Apartment704 sq ft⃃ 565,000Resale · Ready
10/11/2022Genesis1 bed · Apartment707 sq ft⃃ 550,000Primary · Ready
27/12/2022Genesis1 bed · Apartment707 sq ft⃃ 500,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
27/12/2022Genesis1 bed · Apartment707 sq ft⃃ 500,000Resale · Ready
19/12/2022Genesis1 bed · Apartment815 sq ft⃃ 770,000Primary · Ready
11/11/2022GenesisStudio · Apartment485 sq ft⃃ 410,000Resale · Ready
10/11/2022Genesis1 bed · Apartment707 sq ft⃃ 550,000Primary · Ready
07/11/2022Genesis1 bed · Apartment704 sq ft⃃ 565,000Resale · Ready
01/11/2022Genesis1 bed · Apartment707 sq ft⃃ 485,000Resale · Ready
24/10/2022Genesis2 beds · Apartment1,015 sq ft⃃ 730,000Resale · Ready
18/10/2022GenesisStudio · Apartment485 sq ft⃃ 365,000Resale · Ready
17/10/2022Genesis1 bed · Apartment700 sq ft⃃ 570,000Primary · Ready
13/09/2022Genesis2 beds · Apartment1,017 sq ft⃃ 917,310Primary · 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/genesis/2022
Genesis Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/genesis/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 Genesis in 2022?
14 property sales worth ⃃ 8,702,321 were registered in Genesis in 2022. That is 57.6% lower than 2021.
What was the median property price in Genesis in 2022?
The median sale price was ⃃ 567,500 and the median price per square foot ⃃ 790 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Genesis were off-plan or from developers?
Developer (primary) sales were 42.9% of the 14 sales and resales 57.1%. Primary/resale and off-plan/ready are different splits.

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