Building · Transactions · 2024

Multaqa Avenue 1 Property Transactions 2024

25 property sales worth ⃃ 60.82M were registered in Multaqa Avenue 1 in 2024, 177.8% higher than 2023 by number of sales. The median sale price was ⃃ 2,157,515 and the median price per square foot ⃃ 1,558 (+2.8% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 25 salesUpdated: 19 Oct 2026
Property sales
25
+177.8% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 60.82M
+213.2% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 2,157,515
+7.3% vs 2023
25 sales
Median price per sq ft
⃃ 1,558
+2.8% vs 2023
25 sales

What types of property sold in Multaqa Avenue 1 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial25100%⃃ 60.82M⃃ 2,157,515⃃ 1,558

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)25100%⃃ 60.82M⃃ 2,157,515⃃ 1,558
Ready25100%⃃ 60.82M⃃ 2,157,515⃃ 1,558

How many rental contracts were registered in Multaqa Avenue 1 in 2024?

23 rental contracts (new and renewed) were registered in Multaqa Avenue 1 in 2024, at a median annual rent of ⃃ 120,000 (−77.9% on 2023). Rental yields in Multaqa Avenue 1

What were the most expensive property sales in Multaqa Avenue 1 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
15/02/2024Multaqa Avenue 1Commercial2,714 sq ft⃃ 4,322,347Primary · Ready
05/12/2024Multaqa Avenue 1Commercial2,153 sq ft⃃ 3,498,455Primary · Ready
12/09/2024Multaqa Avenue 1Commercial2,166 sq ft⃃ 3,333,146Primary · Ready
17/01/2024Multaqa Avenue 1Commercial2,017 sq ft⃃ 3,121,015Primary · Ready
07/05/2024Multaqa Avenue 1Commercial1,807 sq ft⃃ 2,895,512Primary · Ready
24/04/2024Multaqa Avenue 1Commercial1,749 sq ft⃃ 2,837,300Primary · Ready
16/07/2024Multaqa Avenue 1Commercial1,748 sq ft⃃ 2,783,620Primary · Ready
22/05/2024Multaqa Avenue 1Commercial2,156 sq ft⃃ 2,761,567Primary · Ready
08/05/2024Multaqa Avenue 1Commercial1,737 sq ft⃃ 2,662,333Primary · Ready
18/01/2024Multaqa Avenue 1Commercial1,793 sq ft⃃ 2,631,960Primary · Ready

What were the last registered sales of 2024?

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 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/multaqa-avenue-1/2024
Multaqa Avenue 1 Property Transactions 2024. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/multaqa-avenue-1/2024

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 Multaqa Avenue 1 in 2024?
25 property sales worth ⃃ 60,823,626 were registered in Multaqa Avenue 1 in 2024. That is 177.8% higher than 2023.
What was the median property price in Multaqa Avenue 1 in 2024?
The median sale price was ⃃ 2,157,515 and the median price per square foot ⃃ 1,558 (1 Jan – 31 Dec 2024).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/multaqa-avenue-1/2024