Building · Transactions · 2024

Prime Residency1 Property Transactions 2024

15 property sales worth ⃃ 7.21M were registered in Prime Residency1 in 2024, 16.7% lower than 2023 by number of sales. The median sale price was ⃃ 420,000 and the median price per square foot ⃃ 616 (+12.9% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 15 salesUpdated: 19 Oct 2026
Property sales
15
−16.7% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 7.21M
−20.8% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 420,000
+20.0% vs 2023
15 sales
Median price per sq ft
⃃ 616
+12.9% vs 2023
15 sales

What types of property sold in Prime Residency1 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1493.3%⃃ 6.42M⃃ 417,500⃃ 618
Commercial16.7%⃃ 787K⃃ 787,000⃃ 584

How were 2024 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)15100%⃃ 7.21M⃃ 420,000⃃ 616
Ready15100%⃃ 7.21M⃃ 420,000⃃ 616

How many rental contracts were registered in Prime Residency1 in 2024?

114 rental contracts (new and renewed) were registered in Prime Residency1 in 2024, at a median annual rent of ⃃ 40,000 (+19.4% on 2023). Rental yields in Prime Residency1

What were the most expensive property sales in Prime Residency1 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
06/02/2024Prime Residency1Commercial1,348 sq ft⃃ 787,000Resale · Ready
11/11/2024Prime Residency12 beds · Apartment968 sq ft⃃ 690,000Resale · Ready
25/03/2024Prime Residency12 beds · Apartment1,009 sq ft⃃ 640,000Resale · Ready
12/09/2024Prime Residency12 beds · Apartment1,056 sq ft⃃ 590,000Resale · Ready
04/04/2024Prime Residency12 beds · Apartment996 sq ft⃃ 550,000Resale · Ready
24/12/2024Prime Residency11 bed · Apartment643 sq ft⃃ 440,000Resale · Ready
16/12/2024Prime Residency11 bed · Apartment621 sq ft⃃ 430,000Resale · Ready
25/01/2024Prime Residency11 bed · Apartment678 sq ft⃃ 420,000Resale · Ready
12/12/2024Prime Residency11 bed · Apartment635 sq ft⃃ 415,000Resale · Ready
19/09/2024Prime Residency12 beds · Apartment968 sq ft⃃ 413,280Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
24/12/2024Prime Residency11 bed · Apartment643 sq ft⃃ 440,000Resale · Ready
16/12/2024Prime Residency11 bed · Apartment621 sq ft⃃ 430,000Resale · Ready
12/12/2024Prime Residency11 bed · Apartment635 sq ft⃃ 415,000Resale · Ready
11/11/2024Prime Residency12 beds · Apartment968 sq ft⃃ 690,000Resale · Ready
19/09/2024Prime Residency12 beds · Apartment968 sq ft⃃ 413,280Resale · Ready
12/09/2024Prime Residency12 beds · Apartment1,056 sq ft⃃ 590,000Resale · Ready
02/09/2024Prime Residency11 bed · Apartment627 sq ft⃃ 340,000Resale · Ready
30/08/2024Prime Residency11 bed · Apartment621 sq ft⃃ 380,000Resale · Ready
06/06/2024Prime Residency11 bed · Apartment649 sq ft⃃ 410,000Resale · Ready
01/05/2024Prime Residency11 bed · Apartment649 sq ft⃃ 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 2024 with the whole of 2023.
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/prime-residency1/2024
Prime Residency1 Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/prime-residency1/2024

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 Prime Residency1 in 2024?
15 property sales worth ⃃ 7,205,280 were registered in Prime Residency1 in 2024. That is 16.7% lower than 2023.
What was the median property price in Prime Residency1 in 2024?
The median sale price was ⃃ 420,000 and the median price per square foot ⃃ 616 (1 Jan – 31 Dec 2024).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/prime-residency1/2024