Project · Transactions · 2024

Orchid Residence Property Transactions 2024

57 property sales worth ⃃ 75.74M were registered in Orchid Residence in 2024, 69.8% lower than 2023 by number of sales. The median sale price was ⃃ 1,249,153 and the median price per square foot ⃃ 989 (+15.0% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 57 salesUpdated: 18 Oct 2026
Property sales
57
−69.8% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 75.74M
−55.5% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,249,153
+67.2% vs 2023
57 sales
Median price per sq ft
⃃ 989
+15.0% vs 2023
57 sales

What types of property sold in Orchid Residence in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5291.2%⃃ 68.48M⃃ 1,243,940⃃ 973
Commercial58.8%⃃ 7.26M⃃ 1,370,000⃃ 1,751

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)3764.9%⃃ 55.52M⃃ 1,260,586⃃ 876
Resale (secondary)2035.1%⃃ 20.22M⃃ 900,000⃃ 1,054
Ready57100%⃃ 75.74M⃃ 1,249,153⃃ 989

How many rental contracts were registered in Orchid Residence in 2024?

191 rental contracts (new and renewed) were registered in Orchid Residence in 2024, at a median annual rent of ⃃ 69,300 (+6.6% on 2023). Rental yields in Orchid Residence

What were the most expensive property sales in Orchid Residence in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/11/2024Orchid Residence3 beds · Apartment2,580 sq ft⃃ 2,700,000Primary · Ready
02/09/2024Orchid Residence3 beds · Apartment2,526 sq ft⃃ 2,700,000Primary · Ready
05/06/2024Orchid Residence3 beds · Apartment2,629 sq ft⃃ 2,600,000Primary · Ready
22/05/2024Orchid Residence3 beds · Apartment2,499 sq ft⃃ 2,450,000Primary · Ready
19/08/2024Orchid Residence3 beds · Apartment2,144 sq ft⃃ 2,400,000Primary · Ready
08/02/2024Orchid Residence3 beds · Apartment2,119 sq ft⃃ 2,250,000Primary · Ready
18/03/2024Orchid ResidenceCommercial1,147 sq ft⃃ 2,100,000Primary · Ready
25/06/2024Orchid ResidenceCommercial1,101 sq ft⃃ 1,927,572Primary · Ready
14/12/2024Orchid Residence2 beds · Apartment1,457 sq ft⃃ 1,665,000Resale · Ready
24/07/2024Orchid Residence2 beds · Apartment1,457 sq ft⃃ 1,650,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
14/12/2024Orchid Residence2 beds · Apartment1,457 sq ft⃃ 1,665,000Resale · Ready
10/12/2024Orchid Residence1 bed · Apartment854 sq ft⃃ 900,000Resale · Ready
28/11/2024Orchid Residence3 beds · Apartment2,580 sq ft⃃ 2,700,000Primary · Ready
12/11/2024Orchid Residence2 beds · Apartment1,457 sq ft⃃ 1,580,000Resale · Ready
08/11/2024Orchid Residence1 bed · Apartment812 sq ft⃃ 920,000Resale · Ready
31/10/2024Orchid Residence1 bed · Apartment812 sq ft⃃ 930,000Resale · Ready
10/10/2024Orchid Residence1 bed · Apartment854 sq ft⃃ 920,000Resale · Ready
06/09/2024Orchid Residence1 bed · Apartment846 sq ft⃃ 900,000Resale · Ready
05/09/2024Orchid Residence1 bed · Apartment801 sq ft⃃ 900,000Resale · Ready
02/09/2024Orchid Residence3 beds · Apartment2,526 sq ft⃃ 2,700,000Primary · 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/orchid-residence/2024
Orchid Residence Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/orchid-residence/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 Orchid Residence in 2024?
57 property sales worth ⃃ 75,739,444 were registered in Orchid Residence in 2024. That is 69.8% lower than 2023.
What was the median property price in Orchid Residence in 2024?
The median sale price was ⃃ 1,249,153 and the median price per square foot ⃃ 989 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Orchid Residence were off-plan or from developers?
Developer (primary) sales were 64.9% of the 57 sales and resales 35.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/orchid-residence/2024