Project · Transactions · 2024

I - Rise Tower Property Transactions 2024

78 property sales worth ⃃ 235.43M were registered in I - Rise Tower in 2024, 9.9% higher than 2023 by number of sales. The median sale price was ⃃ 1,546,433 and the median price per square foot ⃃ 1,429 (+58.8% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 78 salesUpdated: 18 Oct 2026
Property sales
78
+9.9% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 235.43M
+120.8% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,546,433
+81.7% vs 2023
78 sales
Median price per sq ft
⃃ 1,429
+58.8% vs 2023
78 sales

What types of property sold in I - Rise Tower in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial78100%⃃ 235.43M⃃ 1,546,433⃃ 1,429

How were 2024 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)4355.1%⃃ 161.07M⃃ 1,590,656⃃ 1,400
Resale (secondary)3544.9%⃃ 74.37M⃃ 1,500,000⃃ 1,447
Ready78100%⃃ 235.43M⃃ 1,546,433⃃ 1,429

How many rental contracts were registered in I - Rise Tower in 2024?

286 rental contracts (new and renewed) were registered in I - Rise Tower in 2024, at a median annual rent of ⃃ 127,525 (+41.7% on 2023). Rental yields in I - Rise Tower

What were the most expensive property sales in I - Rise Tower in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
22/10/2024I - Rise TowerCommercial14,755 sq ft⃃ 16,599,443Primary · Ready
12/11/2024I - Rise TowerCommercial2,427 sq ft⃃ 15,645,348Primary · Ready
12/11/2024I - Rise TowerCommercial917 sq ft⃃ 12,777,456Primary · Ready
01/07/2024I - Rise TowerCommercial6,856 sq ft⃃ 12,684,525Primary · Ready
13/11/2024I - Rise TowerCommercial932 sq ft⃃ 9,824,638Primary · Ready
23/10/2024I - Rise TowerCommercial9,015 sq ft⃃ 9,803,921Primary · Ready
12/07/2024I - Rise TowerCommercial3,324 sq ft⃃ 5,484,600Resale · Ready
06/03/2024I - Rise TowerCommercial3,532 sq ft⃃ 5,298,000Primary · Ready
07/03/2024I - Rise TowerCommercial3,477 sq ft⃃ 5,215,500Primary · Ready
06/03/2024I - Rise TowerCommercial3,404 sq ft⃃ 5,106,000Primary · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
29/12/2024I - Rise TowerCommercial866 sq ft⃃ 1,213,086Primary · Ready
29/12/2024I - Rise TowerCommercial1,079 sq ft⃃ 1,510,264Primary · Ready
28/11/2024I - Rise TowerCommercial1,035 sq ft⃃ 1,200,000Resale · Ready
25/11/2024I - Rise TowerCommercial1,035 sq ft⃃ 1,449,378Primary · Ready
18/11/2024I - Rise TowerCommercial868 sq ft⃃ 1,425,000Resale · Ready
18/11/2024I - Rise TowerCommercial461 sq ft⃃ 645,582Primary · Ready
13/11/2024I - Rise TowerCommercial3,389 sq ft⃃ 3,685,440Primary · Ready
13/11/2024I - Rise TowerCommercial955 sq ft⃃ 1,088,301Primary · Ready
13/11/2024I - Rise TowerCommercial1,035 sq ft⃃ 1,048,211Primary · Ready
13/11/2024I - Rise TowerCommercial776 sq ft⃃ 786,105Primary · 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 2024 with the whole of 2023.
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/2024
I - Rise Tower Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/i-rise-tower/2024

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 2024?
78 property sales worth ⃃ 235,434,081 were registered in I - Rise Tower in 2024. That is 9.9% higher than 2023.
What was the median property price in I - Rise Tower in 2024?
The median sale price was ⃃ 1,546,433 and the median price per square foot ⃃ 1,429 (1 Jan – 31 Dec 2024).
What share of 2024 sales in I - Rise Tower were off-plan or from developers?
Developer (primary) sales were 55.1% of the 78 sales and resales 44.9%. 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/2024