Building · Transactions · 2018

May Residence Tower 2 Property Transactions 2018

6 property sales worth AED 2.44M were registered in May Residence Tower 2 in 2018, 75.0% lower than 2017 by number of sales. The median sale price was AED 395,000 and the median price per square foot AED 677 (−21.5% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 6 salesUpdated: 20 Oct 2026
Property sales
6
−75.0% vs 2017
1 Jan – 31 Dec 2018
Total value
AED 2.44M
−72.8% vs 2017
1 Jan – 31 Dec 2018
Median sale price
AED 395,000
+8.5% vs 2017
6 sales
Median price per sq ft
AED 677
−21.5% vs 2017
6 sales

What types of property sold in May Residence Tower 2 in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments6100%AED 2.44MAED 395,000AED 677

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)6100%AED 2.44MAED 395,000AED 677
Off-plan6100%AED 2.44MAED 395,000AED 677

What were the most expensive property sales in May Residence Tower 2 in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
18/12/2018May Residence Tower 2Studio · Apartment649 sq ftAED 435,000Primary · Off-plan
18/12/2018May Residence Tower 2Studio · Apartment629 sq ftAED 430,000Primary · Off-plan
18/12/2018May Residence Tower 2Studio · Apartment580 sq ftAED 395,000Primary · Off-plan
18/12/2018May Residence Tower 2Studio · Apartment601 sq ftAED 395,000Primary · Off-plan
18/12/2018May Residence Tower 2Studio · Apartment602 sq ftAED 395,000Primary · Off-plan
18/12/2018May Residence Tower 2Studio · Apartment582 sq ftAED 395,000Primary · Off-plan

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
18/12/2018May Residence Tower 2Studio · Apartment601 sq ftAED 395,000Primary · Off-plan
18/12/2018May Residence Tower 2Studio · Apartment629 sq ftAED 430,000Primary · Off-plan
18/12/2018May Residence Tower 2Studio · Apartment580 sq ftAED 395,000Primary · Off-plan
18/12/2018May Residence Tower 2Studio · Apartment582 sq ftAED 395,000Primary · Off-plan
18/12/2018May Residence Tower 2Studio · Apartment602 sq ftAED 395,000Primary · Off-plan
18/12/2018May Residence Tower 2Studio · Apartment649 sq ftAED 435,000Primary · Off-plan

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/may-residence-tower-2/2018
May Residence Tower 2 Property Transactions 2018. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/may-residence-tower-2/2018

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 May Residence Tower 2 in 2018?
6 property sales worth AED 2,445,000 were registered in May Residence Tower 2 in 2018. That is 75.0% lower than 2017.
What was the median property price in May Residence Tower 2 in 2018?
The median sale price was AED 395,000 and the median price per square foot AED 677 (1 Jan – 31 Dec 2018).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/may-residence-tower-2/2018