Building · Transactions · 2020

Park Towers-1 Property Transactions 2020

9 property sales worth ⃃ 11.1M were registered in Park Towers-1 in 2020, 40.0% lower than 2019 by number of sales. The median sale price was ⃃ 1,200,000 and the median price per square foot ⃃ 747 (−17.9% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 9 salesUpdated: 18 Oct 2026
Property sales
9
−40.0% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 11.1M
−40.0% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 1,200,000
+2.1% vs 2019
9 sales
Median price per sq ft
⃃ 747
−17.9% vs 2019
9 sales

What types of property sold in Park Towers-1 in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments9100%⃃ 11.1M⃃ 1,200,000⃃ 747

How were 2020 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)9100%⃃ 11.1M⃃ 1,200,000⃃ 747
Ready9100%⃃ 11.1M⃃ 1,200,000⃃ 747

How many rental contracts were registered in Park Towers-1 in 2020?

125 rental contracts (new and renewed) were registered in Park Towers-1 in 2020, at a median annual rent of ⃃ 70,000 (−12.5% on 2019). Rental yields in Park Towers-1

What were the most expensive property sales in Park Towers-1 in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
03/03/2020Park Towers-12 beds · Apartment2,075 sq ft⃃ 1,550,000Resale · Ready
19/08/2020Park Towers-12 beds · Apartment1,995 sq ft⃃ 1,500,000Resale · Ready
02/02/2020Park Towers-12 beds · Apartment1,936 sq ft⃃ 1,430,000Resale · Ready
25/08/2020Park Towers-12 beds · Apartment2,075 sq ft⃃ 1,400,000Resale · Ready
04/03/2020Park Towers-13 beds · Apartment1,774 sq ft⃃ 1,200,000Resale · Ready
29/07/2020Park Towers-12 beds · Apartment1,479 sq ft⃃ 1,200,000Resale · Ready
14/10/2020Park Towers-13 beds · Apartment1,774 sq ft⃃ 1,160,000Resale · Ready
20/05/2020Park Towers-11 bed · Apartment944 sq ft⃃ 850,000Resale · Ready
09/04/2020Park Towers-11 bed · Apartment909 sq ft⃃ 808,000Resale · Ready

What were the last registered sales of 2020?

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 2020 with the whole of 2019.
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-1/2020
Park Towers-1 Property Transactions 2020. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/park-towers-1/2020

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 2020?
9 property sales worth ⃃ 11,098,000 were registered in Park Towers-1 in 2020. That is 40.0% lower than 2019.
What was the median property price in Park Towers-1 in 2020?
The median sale price was ⃃ 1,200,000 and the median price per square foot ⃃ 747 (1 Jan – 31 Dec 2020).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/park-towers-1/2020