Building · Transactions · 2018

Med 58 Property Transactions 2018

3 property sales worth ⃃ 1.56M were registered in Med 58 in 2018, unchanged from 2017 by number of sales. The median sale price was ⃃ 513,594 and the median price per square foot ⃃ 568 (−22.2% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 3 salesUpdated: 18 Oct 2026
Property sales
3
0.0% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 1.56M
−26.5% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 513,594
−28.2% vs 2017
3 sales
Median price per sq ft
⃃ 568
−22.2% vs 2017
3 sales

What types of property sold in Med 58 in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3100%⃃ 1.56M⃃ 513,594⃃ 568

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
Resale (secondary)3100%⃃ 1.56M⃃ 513,594⃃ 568
Ready3100%⃃ 1.56M⃃ 513,594⃃ 568

How many rental contracts were registered in Med 58 in 2018?

43 rental contracts (new and renewed) were registered in Med 58 in 2018, at a median annual rent of ⃃ 55,000 (−5.2% on 2017). Rental yields in Med 58

What were the most expensive property sales in Med 58 in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
30/12/2018Med 581 bed · Apartment969 sq ft⃃ 550,000Resale · Ready
26/09/2018Med 581 bed · Apartment969 sq ft⃃ 513,594Resale · Ready
31/01/2018Med 58Studio · Apartment527 sq ft⃃ 495,000Resale · Ready

What were the last registered sales of 2018?

No transactions on record for this selection.

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/med-58/2018
Med 58 Property Transactions 2018. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/med-58/2018

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 Med 58 in 2018?
3 property sales worth ⃃ 1,558,594 were registered in Med 58 in 2018. That is unchanged from 2017.
What was the median property price in Med 58 in 2018?
The median sale price was ⃃ 513,594 and the median price per square foot ⃃ 568 (1 Jan – 31 Dec 2018).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/med-58/2018