Building · Transactions · 2018

Park Towers-2 Property Transactions 2018

18 property sales worth ⃃ 27.8M were registered in Park Towers-2 in 2018, 35.7% lower than 2017 by number of sales. The median sale price was ⃃ 1,300,000 and the median price per square foot ⃃ 1,104 (−14.7% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 18 salesUpdated: 17 Oct 2026
Property sales
18
−35.7% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 27.8M
−26.7% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 1,300,000
+1.2% vs 2017
18 sales
Median price per sq ft
⃃ 1,104
−14.7% vs 2017
18 sales

What types of property sold in Park Towers-2 in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments18100%⃃ 27.8M⃃ 1,300,000⃃ 1,104

How were 2018 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)18100%⃃ 27.8M⃃ 1,300,000⃃ 1,104
Ready18100%⃃ 27.8M⃃ 1,300,000⃃ 1,104

How many rental contracts were registered in Park Towers-2 in 2018?

125 rental contracts (new and renewed) were registered in Park Towers-2 in 2018, at a median annual rent of ⃃ 90,000 (−10.0% on 2017). Rental yields in Park Towers-2

What were the most expensive property sales in Park Towers-2 in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/12/2018Park Towers-22 beds · Apartment1,864 sq ft⃃ 3,568,000Resale · Ready
03/05/2018Park Towers-22 beds · Apartment1,245 sq ft⃃ 2,491,000Resale · Ready
22/03/2018Park Towers-23 beds · Apartment2,117 sq ft⃃ 2,400,000Resale · Ready
09/12/2018Park Towers-21 bed · Apartment998 sq ft⃃ 1,936,000Resale · Ready
28/11/2018Park Towers-23 beds · Apartment2,121 sq ft⃃ 1,900,000Resale · Ready
17/01/2018Park Towers-22 beds · Apartment1,877 sq ft⃃ 1,725,000Resale · Ready
19/11/2018Park Towers-22 beds · Apartment2,075 sq ft⃃ 1,450,000Resale · Ready
24/07/2018Park Towers-22 beds · Apartment1,464 sq ft⃃ 1,450,000Resale · Ready
16/12/2018Park Towers-22 beds · Apartment1,320 sq ft⃃ 1,300,000Resale · Ready
18/02/2018Park Towers-21 bed · Apartment1,017 sq ft⃃ 1,300,000Resale · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
16/12/2018Park Towers-22 beds · Apartment1,320 sq ft⃃ 1,300,000Resale · Ready
09/12/2018Park Towers-21 bed · Apartment998 sq ft⃃ 1,936,000Resale · Ready
09/12/2018Park Towers-22 beds · Apartment1,864 sq ft⃃ 3,568,000Resale · Ready
28/11/2018Park Towers-23 beds · Apartment2,121 sq ft⃃ 1,900,000Resale · Ready
19/11/2018Park Towers-22 beds · Apartment2,075 sq ft⃃ 1,450,000Resale · Ready
01/10/2018Park Towers-21 bed · Apartment1,019 sq ft⃃ 1,175,000Resale · Ready
20/09/2018Park Towers-22 beds · Apartment1,724 sq ft⃃ 1,200,000Resale · Ready
29/08/2018Park Towers-21 bed · Apartment977 sq ft⃃ 1,050,000Resale · Ready
24/07/2018Park Towers-22 beds · Apartment1,464 sq ft⃃ 1,450,000Resale · Ready
28/05/2018Park Towers-21 bed · Apartment1,022 sq ft⃃ 1,050,000Resale · 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 2018 with the whole of 2017.
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-2/2018
Park Towers-2 Property Transactions 2018. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/park-towers-2/2018

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 2018?
18 property sales worth ⃃ 27,795,000 were registered in Park Towers-2 in 2018. That is 35.7% lower than 2017.
What was the median property price in Park Towers-2 in 2018?
The median sale price was ⃃ 1,300,000 and the median price per square foot ⃃ 1,104 (1 Jan – 31 Dec 2018).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/park-towers-2/2018