Building · Transactions · 2021

Park Towers-1 Property Transactions 2021

8 property sales worth ⃃ 8.81M were registered in Park Towers-1 in 2021, 11.1% lower than 2020 by number of sales. The median sale price was ⃃ 1,100,000 and the median price per square foot ⃃ 1,158 (+55.0% on 2020).

Period: 1 Jan – 31 Dec 2021Compared with: 2020Sample: 8 salesUpdated: 18 Oct 2026
Property sales
8
−11.1% vs 2020
1 Jan – 31 Dec 2021
Total value
⃃ 8.81M
−20.6% vs 2020
1 Jan – 31 Dec 2021
Median sale price
⃃ 1,100,000
−8.3% vs 2020
8 sales
Median price per sq ft
⃃ 1,158
+55.0% vs 2020
8 sales

What types of property sold in Park Towers-1 in 2021?

1 Jan – 31 Dec 2021

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments8100%⃃ 8.81M⃃ 1,100,000⃃ 1,158

How were 2021 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)8100%⃃ 8.81M⃃ 1,100,000⃃ 1,158
Ready8100%⃃ 8.81M⃃ 1,100,000⃃ 1,158

How many rental contracts were registered in Park Towers-1 in 2021?

139 rental contracts (new and renewed) were registered in Park Towers-1 in 2021, at a median annual rent of ⃃ 65,000 (−7.1% on 2020). Rental yields in Park Towers-1

What were the most expensive property sales in Park Towers-1 in 2021?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
22/12/2021Park Towers-12 beds · Apartment1,406 sq ft⃃ 1,850,000Resale · Ready
10/03/2021Park Towers-12 beds · Apartment1,864 sq ft⃃ 1,450,000Resale · Ready
09/02/2021Park Towers-12 beds · Apartment1,320 sq ft⃃ 1,115,000Resale · Ready
26/09/2021Park Towers-11 bed · Apartment1,001 sq ft⃃ 1,100,000Resale · Ready
02/02/2021Park Towers-12 beds · Apartment1,264 sq ft⃃ 1,100,000Resale · Ready
29/09/2021Park Towers-11 bed · Apartment781 sq ft⃃ 950,000Resale · Ready
07/06/2021Park Towers-11 bed · Apartment512 sq ft⃃ 750,000Resale · Ready
03/11/2021Park Towers-1Studio · Apartment334 sq ft⃃ 500,000Resale · Ready

What were the last registered sales of 2021?

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 2021 with the whole of 2020.
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-1/2021
Park Towers-1 Property Transactions 2021. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/park-towers-1/2021

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 2021?
8 property sales worth ⃃ 8,815,000 were registered in Park Towers-1 in 2021. That is 11.1% lower than 2020.
What was the median property price in Park Towers-1 in 2021?
The median sale price was ⃃ 1,100,000 and the median price per square foot ⃃ 1,158 (1 Jan – 31 Dec 2021).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/park-towers-1/2021