Building · Transactions · 2023

Park Towers-2 Property Transactions 2023

27 property sales worth ⃃ 32.71M were registered in Park Towers-2 in 2023, 200.0% higher than 2022 by number of sales. The median sale price was ⃃ 1,170,000 and the median price per square foot ⃃ 1,194 (+8.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 27 salesUpdated: 17 Oct 2026
Property sales
27
+200.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 32.71M
+138.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,170,000
−21.8% vs 2022
27 sales
Median price per sq ft
⃃ 1,194
+8.7% vs 2022
27 sales

What types of property sold in Park Towers-2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments27100%⃃ 32.71M⃃ 1,170,000⃃ 1,194

How were 2023 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)27100%⃃ 32.71M⃃ 1,170,000⃃ 1,194
Ready27100%⃃ 32.71M⃃ 1,170,000⃃ 1,194

How many rental contracts were registered in Park Towers-2 in 2023?

164 rental contracts (new and renewed) were registered in Park Towers-2 in 2023, at a median annual rent of ⃃ 100,000 (+21.7% on 2022). Rental yields in Park Towers-2

What were the most expensive property sales in Park Towers-2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/05/2023Park Towers-22 beds · Apartment1,243 sq ft⃃ 2,500,000Resale · Ready
25/10/2023Park Towers-22 beds · Apartment1,303 sq ft⃃ 1,875,000Resale · Ready
30/08/2023Park Towers-22 beds · Apartment1,363 sq ft⃃ 1,700,000Resale · Ready
22/02/2023Park Towers-22 beds · Apartment1,551 sq ft⃃ 1,525,000Resale · Ready
28/04/2023Park Towers-22 beds · Apartment1,243 sq ft⃃ 1,450,000Resale · Ready
07/06/2023Park Towers-22 beds · Apartment1,333 sq ft⃃ 1,400,000Resale · Ready
20/04/2023Park Towers-21 bed · Apartment1,002 sq ft⃃ 1,360,000Resale · Ready
01/03/2023Park Towers-22 beds · Apartment1,214 sq ft⃃ 1,314,000Resale · Ready
15/02/2023Park Towers-21 bed · Apartment1,072 sq ft⃃ 1,247,000Resale · Ready
23/06/2023Park Towers-21 bed · Apartment1,026 sq ft⃃ 1,225,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
26/12/2023Park Towers-21 bed · Apartment658 sq ft⃃ 1,150,000Resale · Ready
25/12/2023Park Towers-2Studio · Apartment411 sq ft⃃ 800,000Resale · Ready
21/12/2023Park Towers-21 bed · Apartment980 sq ft⃃ 1,170,000Resale · Ready
25/10/2023Park Towers-22 beds · Apartment1,303 sq ft⃃ 1,875,000Resale · Ready
07/09/2023Park Towers-21 bed · Apartment744 sq ft⃃ 1,220,000Resale · Ready
05/09/2023Park Towers-22 beds · Apartment819 sq ft⃃ 900,000Resale · Ready
30/08/2023Park Towers-22 beds · Apartment1,363 sq ft⃃ 1,700,000Resale · Ready
14/08/2023Park Towers-21 bed · Apartment1,019 sq ft⃃ 1,200,000Resale · Ready
23/06/2023Park Towers-21 bed · Apartment1,026 sq ft⃃ 1,225,000Resale · Ready
07/06/2023Park Towers-22 beds · Apartment1,333 sq ft⃃ 1,400,000Resale · 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 2023 with the whole of 2022.
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-2/2023
Park Towers-2 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/park-towers-2/2023

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 2023?
27 property sales worth ⃃ 32,710,122 were registered in Park Towers-2 in 2023. That is 200.0% higher than 2022.
What was the median property price in Park Towers-2 in 2023?
The median sale price was ⃃ 1,170,000 and the median price per square foot ⃃ 1,194 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/park-towers-2/2023