Project · Transactions · 2022

Hera Tower Property Transactions 2022

70 property sales worth ⃃ 31.36M were registered in Hera Tower in 2022, 27.1% lower than 2021 by number of sales. The median sale price was ⃃ 370,000 and the median price per square foot ⃃ 735 (−7.7% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 70 salesUpdated: 17 Oct 2026
Property sales
70
−27.1% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 31.36M
−33.4% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 370,000
+0.9% vs 2021
70 sales
Median price per sq ft
⃃ 735
−7.7% vs 2021
70 sales

What types of property sold in Hera Tower in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments70100%⃃ 31.36M⃃ 370,000⃃ 735

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)1927.1%⃃ 7.9M⃃ 344,960⃃ 735
Resale (secondary)5172.9%⃃ 23.45M⃃ 375,000⃃ 735
Off-plan1420%⃃ 5.34M⃃ 342,680⃃ 626
Ready5680%⃃ 26.01M⃃ 377,500⃃ 736

How many rental contracts were registered in Hera Tower in 2022?

193 rental contracts (new and renewed) were registered in Hera Tower in 2022, at a median annual rent of ⃃ 35,000 (−30.0% on 2021). Rental yields in Hera Tower

What were the most expensive property sales in Hera Tower in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
29/08/2022Hera Tower2 beds · Apartment1,165 sq ft⃃ 850,000Resale · Ready
29/06/2022Hera Tower2 beds · Apartment1,180 sq ft⃃ 840,000Resale · Ready
28/11/2022Hera Tower2 beds · Apartment1,212 sq ft⃃ 835,000Resale · Ready
22/11/2022Hera Tower2 beds · Apartment1,179 sq ft⃃ 830,000Resale · Ready
06/09/2022Hera Tower2 beds · Apartment1,212 sq ft⃃ 820,000Resale · Ready
21/06/2022Hera Tower2 beds · Apartment1,212 sq ft⃃ 732,000Resale · Ready
20/09/2022Hera Tower2 beds · Apartment1,212 sq ft⃃ 700,000Primary · Ready
07/04/2022Hera Tower2 beds · Apartment1,179 sq ft⃃ 700,000Resale · Ready
06/07/2022Hera Tower2 beds · Apartment1,164 sq ft⃃ 700,000Resale · Ready
21/06/2022Hera Tower2 beds · Apartment1,178 sq ft⃃ 700,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
28/12/2022Hera TowerStudio · Apartment397 sq ft⃃ 350,000Resale · Ready
28/12/2022Hera TowerStudio · Apartment408 sq ft⃃ 350,000Resale · Ready
28/12/2022Hera TowerStudio · Apartment338 sq ft⃃ 350,000Resale · Ready
28/12/2022Hera Tower1 bed · Apartment748 sq ft⃃ 600,000Resale · Ready
16/12/2022Hera TowerStudio · Apartment398 sq ft⃃ 340,000Resale · Ready
14/12/2022Hera TowerStudio · Apartment408 sq ft⃃ 340,000Resale · Ready
13/12/2022Hera TowerStudio · Apartment400 sq ft⃃ 365,000Resale · Ready
09/12/2022Hera Tower1 bed · Apartment628 sq ft⃃ 255,000Resale · Ready
06/12/2022Hera Tower1 bed · Apartment628 sq ft⃃ 500,000Resale · Ready
28/11/2022Hera Tower2 beds · Apartment1,212 sq ft⃃ 835,000Resale · 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/hera-tower/2022
Hera Tower Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/hera-tower/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 Hera Tower in 2022?
70 property sales worth ⃃ 31,355,270 were registered in Hera Tower in 2022. That is 27.1% lower than 2021.
What was the median property price in Hera Tower in 2022?
The median sale price was ⃃ 370,000 and the median price per square foot ⃃ 735 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Hera Tower were off-plan or from developers?
Developer (primary) sales were 27.1% of the 70 sales and resales 72.9%. Off-plan units made up 20% and ready units 80%. Primary/resale and off-plan/ready are different splits.

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