Building · Transactions · 2019

Park Towers-1 Property Transactions 2019

15 property sales worth ⃃ 18.49M were registered in Park Towers-1 in 2019, 25.0% lower than 2018 by number of sales. The median sale price was ⃃ 1,175,000 and the median price per square foot ⃃ 910 (−21.2% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 15 salesUpdated: 18 Oct 2026
Property sales
15
−25.0% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 18.49M
−44.5% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 1,175,000
−24.2% vs 2018
15 sales
Median price per sq ft
⃃ 910
−21.2% vs 2018
15 sales

What types of property sold in Park Towers-1 in 2019?

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments15100%⃃ 18.49M⃃ 1,175,000⃃ 910

How were 2019 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
Resale (secondary)15100%⃃ 18.49M⃃ 1,175,000⃃ 910
Ready15100%⃃ 18.49M⃃ 1,175,000⃃ 910

How many rental contracts were registered in Park Towers-1 in 2019?

126 rental contracts (new and renewed) were registered in Park Towers-1 in 2019, at a median annual rent of ⃃ 80,000 (−5.9% on 2018). Rental yields in Park Towers-1

What were the most expensive property sales in Park Towers-1 in 2019?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/02/2019Park Towers-13 beds · Apartment1,774 sq ft⃃ 2,940,000Resale · Ready
19/09/2019Park Towers-12 beds · Apartment1,363 sq ft⃃ 2,189,750Resale · Ready
14/02/2019Park Towers-13 beds · Apartment1,910 sq ft⃃ 1,600,000Resale · Ready
13/02/2019Park Towers-12 beds · Apartment2,039 sq ft⃃ 1,469,000Resale · Ready
03/03/2019Park Towers-12 beds · Apartment1,793 sq ft⃃ 1,375,000Resale · Ready
19/09/2019Park Towers-11 bed · Apartment1,055 sq ft⃃ 1,346,650Resale · Ready
18/04/2019Park Towers-12 beds · Apartment1,363 sq ft⃃ 1,200,000Resale · Ready
18/04/2019Park Towers-12 beds · Apartment1,320 sq ft⃃ 1,175,000Resale · Ready
06/03/2019Park Towers-11 bed · Apartment946 sq ft⃃ 960,000Resale · Ready
06/03/2019Park Towers-11 bed · Apartment1,055 sq ft⃃ 960,000Resale · Ready

What were the last registered sales of 2019?

DatePropertyTypeSizePriceMarket
09/12/2019Park Towers-12 beds · Apartment1,310 sq ft⃃ 1Resale · Ready
19/09/2019Park Towers-12 beds · Apartment1,363 sq ft⃃ 2,189,750Resale · Ready
19/09/2019Park Towers-11 bed · Apartment1,055 sq ft⃃ 1,346,650Resale · Ready
31/07/2019Park Towers-11 bed · Apartment977 sq ft⃃ 920,000Resale · Ready
18/04/2019Park Towers-12 beds · Apartment1,363 sq ft⃃ 1,200,000Resale · Ready
18/04/2019Park Towers-12 beds · Apartment1,320 sq ft⃃ 1,175,000Resale · Ready
17/03/2019Park Towers-11 bed · Apartment708 sq ft⃃ 900,000Resale · Ready
17/03/2019Park Towers-11 bed · Apartment991 sq ft⃃ 650,000Resale · Ready
06/03/2019Park Towers-11 bed · Apartment946 sq ft⃃ 960,000Resale · Ready
06/03/2019Park Towers-11 bed · Apartment1,055 sq ft⃃ 960,000Resale · 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 2019 with the whole of 2018.
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-towers-1/2019
Park Towers-1 Property Transactions 2019. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/park-towers-1/2019

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 Towers-1 in 2019?
15 property sales worth ⃃ 18,485,401 were registered in Park Towers-1 in 2019. That is 25.0% lower than 2018.
What was the median property price in Park Towers-1 in 2019?
The median sale price was ⃃ 1,175,000 and the median price per square foot ⃃ 910 (1 Jan – 31 Dec 2019).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/park-towers-1/2019