Project · Transactions · 2018

I - Rise Tower Property Transactions 2018

32 property sales worth ⃃ 17.15M were registered in I - Rise Tower in 2018, 3.2% higher than 2017 by number of sales. The median sale price was ⃃ 188,082 and the median price per square foot ⃃ 91 (−90.9% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 32 salesUpdated: 17 Oct 2026
Property sales
32
+3.2% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 17.15M
−64.2% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 188,082
−82.6% vs 2017
32 sales
Median price per sq ft
⃃ 91
−90.9% vs 2017
32 sales

What types of property sold in I - Rise Tower in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial32100%⃃ 17.15M⃃ 188,082⃃ 91

How were 2018 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)721.9%⃃ 7.5M⃃ 862,080⃃ 1,000
Resale (secondary)2578.1%⃃ 9.65M⃃ 98,294⃃ 91
Ready32100%⃃ 17.15M⃃ 188,082⃃ 91

How many rental contracts were registered in I - Rise Tower in 2018?

180 rental contracts (new and renewed) were registered in I - Rise Tower in 2018, at a median annual rent of ⃃ 83,500 (+4.4% on 2017). Rental yields in I - Rise Tower

What were the most expensive property sales in I - Rise Tower in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/07/2018I - Rise TowerCommercial2,423 sq ft⃃ 2,900,000Resale · Ready
15/10/2018I - Rise TowerCommercial1,489 sq ft⃃ 1,488,860Primary · Ready
26/07/2018I - Rise TowerCommercial1,489 sq ft⃃ 1,488,860Primary · Ready
01/02/2018I - Rise TowerCommercial1,110 sq ft⃃ 1,165,584Primary · Ready
11/12/2018I - Rise TowerCommercial1,029 sq ft⃃ 1,100,000Resale · Ready
01/07/2018I - Rise TowerCommercial925 sq ft⃃ 1,100,000Resale · Ready
26/07/2018I - Rise TowerCommercial862 sq ft⃃ 862,080Primary · Ready
01/02/2018I - Rise TowerCommercial812 sq ft⃃ 852,180Primary · Ready
04/10/2018I - Rise TowerCommercial861 sq ft⃃ 838,574Primary · Ready
26/07/2018I - Rise TowerCommercial807 sq ft⃃ 806,760Primary · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
19/12/2018I - Rise TowerCommercial868 sq ft⃃ 781,200Resale · Ready
11/12/2018I - Rise TowerCommercial1,029 sq ft⃃ 1,100,000Resale · Ready
15/10/2018I - Rise TowerCommercial1,489 sq ft⃃ 1,488,860Primary · Ready
04/10/2018I - Rise TowerCommercial861 sq ft⃃ 838,574Primary · Ready
19/09/2018I - Rise TowerCommercial806 sq ft⃃ 784,782Resale · Ready
26/07/2018I - Rise TowerCommercial862 sq ft⃃ 862,080Primary · Ready
26/07/2018I - Rise TowerCommercial1,489 sq ft⃃ 1,488,860Primary · Ready
26/07/2018I - Rise TowerCommercial807 sq ft⃃ 806,760Primary · Ready
01/07/2018I - Rise TowerCommercial2,423 sq ft⃃ 2,900,000Resale · Ready
01/07/2018I - Rise TowerCommercial925 sq ft⃃ 1,100,000Resale · 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 2018 with the whole of 2017.
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/i-rise-tower/2018
I - Rise Tower Property Transactions 2018. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/i-rise-tower/2018

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 I - Rise Tower in 2018?
32 property sales worth ⃃ 17,151,620 were registered in I - Rise Tower in 2018. That is 3.2% higher than 2017.
What was the median property price in I - Rise Tower in 2018?
The median sale price was ⃃ 188,082 and the median price per square foot ⃃ 91 (1 Jan – 31 Dec 2018).
What share of 2018 sales in I - Rise Tower were off-plan or from developers?
Developer (primary) sales were 21.9% of the 32 sales and resales 78.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/i-rise-tower/2018