Area · Transactions · 2022

Nad Al Sheba First Property Transactions 2022

623 property sales worth ⃃ 2.8B were registered in Nad Al Sheba First in 2022, 4.2% lower than 2021 by number of sales. The median sale price was ⃃ 3,750,000 and the median price per square foot ⃃ 1,103 (+29.1% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 623 salesUpdated: 17 Oct 2026
Property sales
623
−4.2% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 2.8B
+39.5% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 3,750,000
+26.9% vs 2021
623 sales
Median price per sq ft
⃃ 1,103
+29.1% vs 2021
623 sales

What types of property sold in Nad Al Sheba First in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments17327.8%⃃ 212.34M⃃ 1,110,000⃃ 1,036
Villas32151.5%⃃ 1.8B⃃ 4,050,000⃃ 1,118
Commercial30.5%⃃ 1.1M⃃ 150,000⃃ 220

How were 2022 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)31049.8%⃃ 1.4B⃃ 3,752,500⃃ 1,184
Resale (secondary)31350.2%⃃ 1.4B⃃ 3,750,000⃃ 978
Off-plan15324.6%⃃ 864.31M⃃ 3,952,000⃃ 1,240
Ready47075.4%⃃ 2B⃃ 3,352,500⃃ 1,052

How many rental contracts were registered in Nad Al Sheba First in 2022?

1,675 rental contracts (new and renewed) were registered in Nad Al Sheba First in 2022, at a median annual rent of ⃃ 80,000 (0.0% on 2021). Rental yields in Nad Al Sheba First

What were the most expensive property sales in Nad Al Sheba First in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/04/2022Meydan RacecoursePlot30,000 sq ft⃃ 58,000,000Resale · Ready
27/07/2022The 100Plot59,999 sq ft⃃ 27,000,000Resale · Ready
03/03/2022Nad Al Sheba Gardens Phase 1Plot50,052 sq ft⃃ 26,028,000Primary · Ready
01/07/2022Meydan RacecoursePlot30,000 sq ft⃃ 20,625,000Primary · Ready
05/09/2022Nad Al Sheba Gardens Phase 25 beds · Villa7,310 sq ft⃃ 15,897,000Primary · Off-plan
15/09/2022Nad Al Sheba Gardens Phase 25 beds · Villa6,185 sq ft⃃ 15,572,000Primary · Off-plan
24/11/2022Nad Al Sheba Gardens Phase 25 beds · Villa6,699 sq ft⃃ 15,413,760Primary · Off-plan
15/09/2022Nad Al Sheba Gardens Phase 25 beds · Villa5,526 sq ft⃃ 15,350,000Primary · Off-plan
24/11/2022Nad Al Sheba Gardens Phase 25 beds · Villa6,819 sq ft⃃ 15,134,400Primary · Off-plan
01/06/2022Nad Al Sheba FirstPlot40,000 sq ft⃃ 15,000,000Primary · Ready

What were the last registered sales of 2022?

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 2022 with the whole of 2021.
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/nad-al-sheba-first/2022
Nad Al Sheba First Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/nad-al-sheba-first/2022

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 Nad Al Sheba First in 2022?
623 property sales worth ⃃ 2,821,791,566 were registered in Nad Al Sheba First in 2022. That is 4.2% lower than 2021.
What was the median property price in Nad Al Sheba First in 2022?
The median sale price was ⃃ 3,750,000 and the median price per square foot ⃃ 1,103 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Nad Al Sheba First were off-plan or from developers?
Developer (primary) sales were 49.8% of the 623 sales and resales 50.2%. Off-plan units made up 24.6% and ready units 75.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/nad-al-sheba-first/2022