Project · Transactions · 2024

New Dubai Gate 1 Property Transactions 2024

44 property sales worth ⃃ 37.15M were registered in New Dubai Gate 1 in 2024, 20.0% lower than 2023 by number of sales. The median sale price was ⃃ 740,000 and the median price per square foot ⃃ 1,336 (+26.3% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 44 salesUpdated: 19 Oct 2026
Property sales
44
−20.0% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 37.15M
−4.8% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 740,000
+19.4% vs 2023
44 sales
Median price per sq ft
⃃ 1,336
+26.3% vs 2023
44 sales

What types of property sold in New Dubai Gate 1 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4090.9%⃃ 33.28M⃃ 700,000⃃ 1,296
Commercial49.1%⃃ 3.87M⃃ 967,500⃃ 1,432

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)12.3%⃃ 2.11M⃃ 2,114,514⃃ 850
Resale (secondary)4397.7%⃃ 35.04M⃃ 730,000⃃ 1,369
Ready44100%⃃ 37.15M⃃ 740,000⃃ 1,336

How many rental contracts were registered in New Dubai Gate 1 in 2024?

396 rental contracts (new and renewed) were registered in New Dubai Gate 1 in 2024, at a median annual rent of ⃃ 60,000 (+13.6% on 2023). Rental yields in New Dubai Gate 1

What were the most expensive property sales in New Dubai Gate 1 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
06/11/2024New Dubai Gate 14 beds · Apartment2,488 sq ft⃃ 2,114,514Primary · Ready
29/05/2024New Dubai Gate 12 beds · Apartment1,228 sq ft⃃ 1,600,000Resale · Ready
22/08/2024New Dubai Gate 12 beds · Apartment1,228 sq ft⃃ 1,300,000Resale · Ready
11/06/2024New Dubai Gate 11 bed · Apartment1,159 sq ft⃃ 1,250,000Resale · Ready
03/09/2024New Dubai Gate 11 bed · Apartment540 sq ft⃃ 1,220,000Resale · Ready
14/06/2024New Dubai Gate 11 bed · Apartment921 sq ft⃃ 1,125,000Resale · Ready
08/11/2024New Dubai Gate 11 bed · Apartment734 sq ft⃃ 1,100,000Resale · Ready
20/12/2024New Dubai Gate 11 bed · Apartment621 sq ft⃃ 1,075,000Resale · Ready
22/04/2024New Dubai Gate 11 bed · Apartment775 sq ft⃃ 1,000,000Resale · Ready
17/10/2024New Dubai Gate 1Commercial670 sq ft⃃ 1,000,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
20/12/2024New Dubai Gate 11 bed · Apartment621 sq ft⃃ 1,075,000Resale · Ready
19/12/2024New Dubai Gate 11 bed · Apartment775 sq ft⃃ 925,000Resale · Ready
11/12/2024New Dubai Gate 11 bed · Apartment621 sq ft⃃ 865,000Resale · Ready
15/11/2024New Dubai Gate 11 bed · Apartment445 sq ft⃃ 650,000Resale · Ready
08/11/2024New Dubai Gate 11 bed · Apartment734 sq ft⃃ 1,100,000Resale · Ready
06/11/2024New Dubai Gate 14 beds · Apartment2,488 sq ft⃃ 2,114,514Primary · Ready
28/10/2024New Dubai Gate 11 bed · Apartment450 sq ft⃃ 481,950Resale · Ready
25/10/2024New Dubai Gate 11 bed · Apartment708 sq ft⃃ 825,000Resale · Ready
24/10/2024New Dubai Gate 11 bed · Apartment540 sq ft⃃ 600,000Resale · Ready
21/10/2024New Dubai Gate 11 bed · Apartment450 sq ft⃃ 500,000Resale · 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/new-dubai-gate-1/2024
New Dubai Gate 1 Property Transactions 2024. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/new-dubai-gate-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 New Dubai Gate 1 in 2024?
44 property sales worth ⃃ 37,150,093 were registered in New Dubai Gate 1 in 2024. That is 20.0% lower than 2023.
What was the median property price in New Dubai Gate 1 in 2024?
The median sale price was ⃃ 740,000 and the median price per square foot ⃃ 1,336 (1 Jan – 31 Dec 2024).
What share of 2024 sales in New Dubai Gate 1 were off-plan or from developers?
Developer (primary) sales were 2.3% of the 44 sales and resales 97.7%. Primary/resale and off-plan/ready are different splits.

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