Project · Transactions · 2024

Orchid Property Transactions 2024

14 property sales worth ⃃ 11.4M were registered in Orchid in 2024, 39.1% lower than 2023 by number of sales. The median sale price was ⃃ 561,250 and the median price per square foot ⃃ 1,232 (+25.8% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 14 salesUpdated: 18 Oct 2026
Property sales
14
−39.1% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 11.4M
−53.1% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 561,250
−35.1% vs 2023
14 sales
Median price per sq ft
⃃ 1,232
+25.8% vs 2023
14 sales

What types of property sold in Orchid in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments14100%⃃ 11.4M⃃ 561,250⃃ 1,232

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)17.1%⃃ 882K⃃ 882,000⃃ 1,680
Resale (secondary)1392.9%⃃ 10.52M⃃ 557,500⃃ 1,194
Ready14100%⃃ 11.4M⃃ 561,250⃃ 1,232

How many rental contracts were registered in Orchid in 2024?

81 rental contracts (new and renewed) were registered in Orchid in 2024, at a median annual rent of ⃃ 65,000 (+18.2% on 2023). Rental yields in Orchid

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
15/05/2024Orchid A2 beds · Apartment2,701 sq ft⃃ 2,350,000Resale · Ready
16/08/2024Orchid A2 beds · Apartment1,646 sq ft⃃ 2,150,000Resale · Ready
19/11/2024Orchid BStudio · Apartment525 sq ft⃃ 882,000Primary · Ready
19/12/2024Orchid B1 bed · Apartment771 sq ft⃃ 875,000Resale · Ready
09/05/2024Orchid AStudio · Apartment598 sq ft⃃ 610,000Resale · Ready
24/04/2024Orchid AStudio · Apartment494 sq ft⃃ 570,000Resale · Ready
26/02/2024Orchid BStudio · Apartment592 sq ft⃃ 565,000Resale · Ready
31/01/2024Orchid BStudio · Apartment524 sq ft⃃ 557,500Resale · Ready
09/01/2024Orchid BStudio · Apartment433 sq ft⃃ 550,000Resale · Ready
22/02/2024Orchid BStudio · Apartment333 sq ft⃃ 500,000Resale · 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/orchid/2024
Orchid Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/orchid/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 in 2024?
14 property sales worth ⃃ 11,404,500 were registered in Orchid in 2024. That is 39.1% lower than 2023.
What was the median property price in Orchid in 2024?
The median sale price was ⃃ 561,250 and the median price per square foot ⃃ 1,232 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Orchid were off-plan or from developers?
Developer (primary) sales were 7.1% of the 14 sales and resales 92.9%. Primary/resale and off-plan/ready are different splits.

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