Building · Transactions · 2015

Palace Tower T2 Property Transactions 2015

33 property sales worth ⃃ 19.04M were registered in Palace Tower T2 in 2015, 40.0% lower than 2014 by number of sales. The median sale price was ⃃ 475,000 and the median price per square foot ⃃ 924 (+0.5% on 2014).

Period: 1 Jan – 31 Dec 2015Compared with: 2014Sample: 33 salesUpdated: 18 Oct 2026
Property sales
33
−40.0% vs 2014
1 Jan – 31 Dec 2015
Total value
⃃ 19.04M
−34.5% vs 2014
1 Jan – 31 Dec 2015
Median sale price
⃃ 475,000
+4.4% vs 2014
33 sales
Median price per sq ft
⃃ 924
+0.5% vs 2014
33 sales

What types of property sold in Palace Tower T2 in 2015?

1 Jan – 31 Dec 2015

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments33100%⃃ 19.04M⃃ 475,000⃃ 924

How were 2015 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)13%⃃ 707K⃃ 706,650⃃ 890
Resale (secondary)3297%⃃ 18.34M⃃ 465,000⃃ 929
Ready33100%⃃ 19.04M⃃ 475,000⃃ 924

How many rental contracts were registered in Palace Tower T2 in 2015?

144 rental contracts (new and renewed) were registered in Palace Tower T2 in 2015, at a median annual rent of ⃃ 46,000. Rental yields in Palace Tower T2

What were the most expensive property sales in Palace Tower T2 in 2015?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/01/2015Palace Tower T22 beds · Apartment947 sq ft⃃ 1,000,000Resale · Ready
08/06/2015Palace Tower T22 beds · Apartment990 sq ft⃃ 1,000,000Resale · Ready
10/08/2015Palace Tower T22 beds · Apartment990 sq ft⃃ 860,000Resale · Ready
27/12/2015Palace Tower T22 beds · Apartment990 sq ft⃃ 850,000Resale · Ready
17/12/2015Palace Tower T22 beds · Apartment990 sq ft⃃ 844,000Resale · Ready
26/02/2015Palace Tower T22 beds · Apartment990 sq ft⃃ 790,000Resale · Ready
30/04/2015Palace Tower T21 bed · Apartment826 sq ft⃃ 730,000Resale · Ready
01/06/2015Palace Tower T21 bed · Apartment794 sq ft⃃ 724,000Resale · Ready
01/02/2015Palace Tower T21 bed · Apartment765 sq ft⃃ 723,043Resale · Ready
15/12/2015Palace Tower T21 bed · Apartment794 sq ft⃃ 706,650Primary · Ready

What were the last registered sales of 2015?

DatePropertyTypeSizePriceMarket
27/12/2015Palace Tower T22 beds · Apartment990 sq ft⃃ 850,000Resale · Ready
17/12/2015Palace Tower T22 beds · Apartment454 sq ft⃃ 410,000Resale · Ready
17/12/2015Palace Tower T2Studio · Apartment431 sq ft⃃ 455,000Resale · Ready
17/12/2015Palace Tower T22 beds · Apartment990 sq ft⃃ 844,000Resale · Ready
15/12/2015Palace Tower T21 bed · Apartment794 sq ft⃃ 706,650Primary · Ready
12/11/2015Palace Tower T21 bed · Apartment786 sq ft⃃ 620,000Resale · Ready
03/11/2015Palace Tower T21 bed · Apartment473 sq ft⃃ 455,000Resale · Ready
25/08/2015Palace Tower T22 beds · Apartment344 sq ft⃃ 408,000Resale · Ready
19/08/2015Palace Tower T21 bed · Apartment765 sq ft⃃ 570,000Resale · Ready
12/08/2015Palace Tower T21 bed · Apartment826 sq ft⃃ 656,500Resale · 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 2015 with the whole of 2014.
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/palace-tower-t2/2015
Palace Tower T2 Property Transactions 2015. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/palace-tower-t2/2015

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 Palace Tower T2 in 2015?
33 property sales worth ⃃ 19,044,093 were registered in Palace Tower T2 in 2015. That is 40.0% lower than 2014.
What was the median property price in Palace Tower T2 in 2015?
The median sale price was ⃃ 475,000 and the median price per square foot ⃃ 924 (1 Jan – 31 Dec 2015).
What share of 2015 sales in Palace Tower T2 were off-plan or from developers?
Developer (primary) sales were 3% of the 33 sales and resales 97%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/palace-tower-t2/2015