Building · Transactions · 2024

Park Terrace Property Transactions 2024

19 property sales worth ⃃ 11.92M were registered in Park Terrace in 2024, 137.5% higher than 2023 by number of sales. The median sale price was ⃃ 560,000 and the median price per square foot ⃃ 640 (+22.2% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 19 salesUpdated: 18 Oct 2026
Property sales
19
+137.5% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 11.92M
+155.1% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 560,000
+21.7% vs 2023
19 sales
Median price per sq ft
⃃ 640
+22.2% vs 2023
19 sales

What types of property sold in Park Terrace in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments19100%⃃ 11.92M⃃ 560,000⃃ 640

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)15.3%⃃ 645K⃃ 645,000⃃ 712
Resale (secondary)1894.7%⃃ 11.28M⃃ 557,500⃃ 631
Ready19100%⃃ 11.92M⃃ 560,000⃃ 640

How many rental contracts were registered in Park Terrace in 2024?

61 rental contracts (new and renewed) were registered in Park Terrace in 2024, at a median annual rent of ⃃ 60,000 (+9.1% on 2023). Rental yields in Park Terrace

What were the most expensive property sales in Park Terrace in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/10/2024Park Terrace3 beds · Apartment2,154 sq ft⃃ 1,275,000Resale · Ready
16/01/2024Park Terrace2 beds · Apartment1,456 sq ft⃃ 900,000Resale · Ready
29/04/2024Park Terrace2 beds · Apartment1,456 sq ft⃃ 800,000Resale · Ready
26/12/2024Park Terrace1 bed · Apartment971 sq ft⃃ 660,000Resale · Ready
11/12/2024Park Terrace1 bed · Apartment980 sq ft⃃ 650,000Resale · Ready
03/10/2024Park Terrace1 bed · Apartment906 sq ft⃃ 645,000Primary · Ready
09/08/2024Park Terrace1 bed · Apartment906 sq ft⃃ 645,000Resale · Ready
23/09/2024Park Terrace1 bed · Apartment906 sq ft⃃ 640,000Resale · Ready
26/06/2024Park Terrace1 bed · Apartment805 sq ft⃃ 580,000Resale · Ready
09/09/2024Park Terrace1 bed · Apartment805 sq ft⃃ 560,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
26/12/2024Park Terrace1 bed · Apartment971 sq ft⃃ 660,000Resale · Ready
11/12/2024Park Terrace1 bed · Apartment980 sq ft⃃ 650,000Resale · Ready
10/12/2024Park Terrace1 bed · Apartment906 sq ft⃃ 510,000Resale · Ready
04/12/2024Park Terrace1 bed · Apartment804 sq ft⃃ 550,000Resale · Ready
31/10/2024Park Terrace3 beds · Apartment2,154 sq ft⃃ 1,275,000Resale · Ready
03/10/2024Park Terrace1 bed · Apartment906 sq ft⃃ 645,000Primary · Ready
27/09/2024Park Terrace1 bed · Apartment906 sq ft⃃ 550,000Resale · Ready
23/09/2024Park Terrace1 bed · Apartment906 sq ft⃃ 640,000Resale · Ready
09/09/2024Park Terrace1 bed · Apartment805 sq ft⃃ 560,000Resale · Ready
02/09/2024Park Terrace1 bed · Apartment804 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/park-terrace/2024
Park Terrace Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/park-terrace/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 Park Terrace in 2024?
19 property sales worth ⃃ 11,924,000 were registered in Park Terrace in 2024. That is 137.5% higher than 2023.
What was the median property price in Park Terrace in 2024?
The median sale price was ⃃ 560,000 and the median price per square foot ⃃ 640 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Park Terrace were off-plan or from developers?
Developer (primary) sales were 5.3% of the 19 sales and resales 94.7%. Primary/resale and off-plan/ready are different splits.

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