Building · Transactions · 2017

Park Towers-2 Property Transactions 2017

28 property sales worth ⃃ 37.91M were registered in Park Towers-2 in 2017, unchanged from 2016 by number of sales. The median sale price was ⃃ 1,284,500 and the median price per square foot ⃃ 1,295 (−5.0% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 28 salesUpdated: 17 Oct 2026
Property sales
28
0.0% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 37.91M
−8.1% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 1,284,500
−8.9% vs 2016
28 sales
Median price per sq ft
⃃ 1,295
−5.0% vs 2016
28 sales

What types of property sold in Park Towers-2 in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments28100%⃃ 37.91M⃃ 1,284,500⃃ 1,295

How were 2017 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)725%⃃ 5.37M⃃ 1⃃ 0
Resale (secondary)2175%⃃ 32.54M⃃ 1,390,000⃃ 1,397
Ready28100%⃃ 37.91M⃃ 1,284,500⃃ 1,295

How many rental contracts were registered in Park Towers-2 in 2017?

119 rental contracts (new and renewed) were registered in Park Towers-2 in 2017, at a median annual rent of ⃃ 100,000 (−16.7% on 2016). Rental yields in Park Towers-2

What were the most expensive property sales in Park Towers-2 in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/08/2017Park Towers-22 beds · Apartment1,995 sq ft⃃ 3,767,000Resale · Ready
31/01/2017Park Towers-22 beds · Apartment1,645 sq ft⃃ 3,077,001Resale · Ready
29/03/2017Park Towers-22 beds · Apartment2,075 sq ft⃃ 2,300,000Resale · Ready
31/01/2017Park Towers-21 bed · Apartment1,026 sq ft⃃ 2,109,000Primary · Ready
01/02/2017Park Towers-21 bed · Apartment1,026 sq ft⃃ 2,109,000Resale · Ready
23/01/2017Park Towers-21 bed · Apartment1,038 sq ft⃃ 1,996,000Resale · Ready
01/02/2017Park Towers-21 bed · Apartment981 sq ft⃃ 1,961,000Primary · Ready
19/12/2017Park Towers-22 beds · Apartment1,924 sq ft⃃ 1,850,000Resale · Ready
31/01/2017Park Towers-21 bed · Apartment881 sq ft⃃ 1,809,000Resale · Ready
20/12/2017Park Towers-22 beds · Apartment1,340 sq ft⃃ 1,775,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
20/12/2017Park Towers-22 beds · Apartment1,340 sq ft⃃ 1,775,000Resale · Ready
19/12/2017Park Towers-22 beds · Apartment1,924 sq ft⃃ 1,850,000Resale · Ready
26/11/2017Park Towers-22 beds · Apartment1,645 sq ft⃃ 1,730,000Resale · Ready
15/11/2017Park Towers-21 bed · Apartment781 sq ft⃃ 1,269,000Resale · Ready
09/11/2017Park Towers-2Studio · Apartment334 sq ft⃃ 630,000Resale · Ready
02/11/2017Park Towers-22 beds · Apartment1,645 sq ft⃃ 1,200,000Resale · Ready
01/11/2017Park Towers-21 bed · Apartment1,026 sq ft⃃ 1,200,000Resale · Ready
03/10/2017Park Towers-21 bed · Apartment1,027 sq ft⃃ 1,300,000Primary · Ready
15/08/2017Park Towers-23 beds · Apartment1,910 sq ft⃃ 1Primary · Ready
15/08/2017Park Towers-22 beds · Apartment1,245 sq ft⃃ 1Resale · 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 2017 with the whole of 2016.
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-2/2017
Park Towers-2 Property Transactions 2017. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/park-towers-2/2017

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-2 in 2017?
28 property sales worth ⃃ 37,912,006 were registered in Park Towers-2 in 2017. That is unchanged from 2016.
What was the median property price in Park Towers-2 in 2017?
The median sale price was ⃃ 1,284,500 and the median price per square foot ⃃ 1,295 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Park Towers-2 were off-plan or from developers?
Developer (primary) sales were 25% of the 28 sales and resales 75%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/park-towers-2/2017