Area · Transactions · 2024

Nad Al Sheba First Property Transactions 2024

1,275 property sales worth ⃃ 8B were registered in Nad Al Sheba First in 2024, 47.4% higher than 2023 by number of sales. The median sale price was ⃃ 4,357,000 and the median price per square foot ⃃ 1,599 (+15.7% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 1,275 salesUpdated: 17 Oct 2026
Property sales
1,275
+47.4% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 8B
+63.1% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 4,357,000
+3.6% vs 2023
1,275 sales
Median price per sq ft
⃃ 1,599
+15.7% vs 2023
1,275 sales

What types of property sold in Nad Al Sheba First in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments55943.8%⃃ 851.25M⃃ 1,235,000⃃ 1,406
Villas32825.7%⃃ 4.2B⃃ 13,407,000⃃ 2,311
Commercial70.5%⃃ 11.55M⃃ 1,593,580⃃ 5,225

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)83365.3%⃃ 5.5B⃃ 4,570,000⃃ 1,799
Resale (secondary)44234.7%⃃ 2.4B⃃ 2,775,000⃃ 1,409
Off-plan60647.5%⃃ 4.8B⃃ 4,902,000⃃ 2,305
Ready66952.5%⃃ 3.1B⃃ 1,450,000⃃ 1,389

How many rental contracts were registered in Nad Al Sheba First in 2024?

1,983 rental contracts (new and renewed) were registered in Nad Al Sheba First in 2024, at a median annual rent of ⃃ 92,000 (+10.8% on 2023). Rental yields in Nad Al Sheba First

What were the most expensive property sales in Nad Al Sheba First in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/01/2024Meydan RacecoursePlot92,065 sq ft⃃ 177,126,000Resale · Ready
01/10/2024Nad Al Sheba FirstPlot433,600 sq ft⃃ 98,650,000Primary · Ready
07/11/2024Meydan Avenue APlot101,516 sq ft⃃ 81,764,672Resale · Ready
06/06/2024Nad Al Sheba FirstPlot159,800 sq ft⃃ 60,709,946Primary · Ready
11/06/2024Meydan RacecoursePlot20,000 sq ft⃃ 49,000,000Resale · Ready
18/10/2024Grand ViewsVilla30,221 sq ft⃃ 35,000,000Resale · Ready
13/06/2024Meydan RacecoursePlot25,121 sq ft⃃ 32,660,000Resale · Ready
04/01/2024Meydan Avenue CPlot27,604 sq ft⃃ 31,055,800Primary · Ready
05/01/2024Meydan Avenue CPlot26,940 sq ft⃃ 30,308,800Primary · Ready
23/01/2024Meydan Avenue CPlot26,910 sq ft⃃ 29,063,800Primary · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
30/12/2024Nad Al Sheba Gardens Phase 33 beds · Townhouse2,915 sq ft⃃ 5,000,000Resale · Off-plan
30/12/2024Nad Al Sheba Gardens Phase 17 beds · Villa10,013 sq ft⃃ 20,900,000Resale · Ready
30/12/2024The Polo Residence - E51 bed · Apartment802 sq ft⃃ 1,000,000Resale · Ready
30/12/2024Grand Views6 beds · Villa5,511 sq ft⃃ 11,000,000Resale · Ready
27/12/2024Azizi Gardens2 beds · Apartment731 sq ft⃃ 1,100,000Resale · Ready
27/12/2024Azizi Greenfield1 bed · Apartment704 sq ft⃃ 464,262Resale · Ready
27/12/2024Prime Views1 bed · Apartment880 sq ft⃃ 1,188,087Resale · Ready
27/12/2024Grand Views6 beds · Villa5,511 sq ft⃃ 10,850,000Resale · Ready
26/12/2024Prime Views1 bed · Apartment833 sq ft⃃ 1,220,000Resale · Ready
26/12/2024Azizi Greenfield2 beds · Apartment1,031 sq ft⃃ 1,480,000Resale · 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/nad-al-sheba-first/2024
Nad Al Sheba First Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/nad-al-sheba-first/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 Nad Al Sheba First in 2024?
1,275 property sales worth ⃃ 7,963,277,433 were registered in Nad Al Sheba First in 2024. That is 47.4% higher than 2023.
What was the median property price in Nad Al Sheba First in 2024?
The median sale price was ⃃ 4,357,000 and the median price per square foot ⃃ 1,599 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Nad Al Sheba First were off-plan or from developers?
Developer (primary) sales were 65.3% of the 1,275 sales and resales 34.7%. Off-plan units made up 47.5% and ready units 52.5%. 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/2024