Project · Transactions · 2022

Park Towers Property Transactions 2022

31 property sales worth ⃃ 41.9M were registered in Park Towers in 2022, 3.1% lower than 2021 by number of sales. The median sale price was ⃃ 1,100,000 and the median price per square foot ⃃ 1,094 (+31.4% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 31 salesUpdated: 17 Oct 2026
Property sales
31
−3.1% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 41.9M
+22.4% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 1,100,000
+3.3% vs 2021
31 sales
Median price per sq ft
⃃ 1,094
+31.4% vs 2021
31 sales

What types of property sold in Park Towers in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments31100%⃃ 41.9M⃃ 1,100,000⃃ 1,094

How were 2022 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)31100%⃃ 41.9M⃃ 1,100,000⃃ 1,094
Ready31100%⃃ 41.9M⃃ 1,100,000⃃ 1,094

How many rental contracts were registered in Park Towers in 2022?

302 rental contracts (new and renewed) were registered in Park Towers in 2022, at a median annual rent of ⃃ 80,000 (+14.3% on 2021). Rental yields in Park Towers

What were the most expensive property sales in Park Towers in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
02/06/2022Park Towers-12 beds · Apartment1,237 sq ft⃃ 2,476,650Resale · Ready
28/03/2022Park Towers-22 beds · Apartment2,039 sq ft⃃ 2,240,000Resale · Ready
30/06/2022Park Towers-23 beds · Apartment1,931 sq ft⃃ 2,000,000Resale · Ready
14/04/2022Park Towers-12 beds · Apartment1,995 sq ft⃃ 1,900,000Resale · Ready
29/08/2022Park Towers-12 beds · Apartment2,039 sq ft⃃ 1,900,000Resale · Ready
05/07/2022Park Towers-21 bed · Apartment1,014 sq ft⃃ 1,867,000Resale · Ready
05/07/2022Park Towers-21 bed · Apartment990 sq ft⃃ 1,863,000Resale · Ready
18/02/2022Park Towers-12 beds · Apartment1,936 sq ft⃃ 1,800,000Resale · Ready
16/06/2022Park Towers-12 beds · Apartment1,924 sq ft⃃ 1,775,000Resale · Ready
02/09/2022Park Towers-12 beds · Apartment1,349 sq ft⃃ 1,590,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
19/12/2022Park Towers-21 bed · Apartment1,018 sq ft⃃ 1,075,000Resale · Ready
15/12/2022Park Towers-11 bed · Apartment744 sq ft⃃ 1,000,000Resale · Ready
24/11/2022Park Towers-11 bed · Apartment738 sq ft⃃ 1,000,000Resale · Ready
23/11/2022Park Towers-21 bed · Apartment886 sq ft⃃ 930,000Resale · Ready
17/11/2022Park Towers-21 bed · Apartment1,018 sq ft⃃ 1,100,000Resale · Ready
17/11/2022Park Towers-11 bed · Apartment821 sq ft⃃ 1,000,000Resale · Ready
31/10/2022Park Towers-21 bed · Apartment987 sq ft⃃ 1,135,000Resale · Ready
27/10/2022Park Towers-11 bed · Apartment1,028 sq ft⃃ 1,125,000Resale · Ready
18/10/2022Park Towers-11 bed · Apartment738 sq ft⃃ 500,000Resale · Ready
06/10/2022Park Towers-11 bed · Apartment998 sq ft⃃ 1,100,000Resale · 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 2022 with the whole of 2021.
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/2022
Park Towers Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/park-towers/2022

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 in 2022?
31 property sales worth ⃃ 41,897,279 were registered in Park Towers in 2022. That is 3.1% lower than 2021.
What was the median property price in Park Towers in 2022?
The median sale price was ⃃ 1,100,000 and the median price per square foot ⃃ 1,094 (1 Jan – 31 Dec 2022).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/park-towers/2022