Project · Transactions · 2022

Red Residence Property Transactions 2022

21 property sales worth ⃃ 6.87M were registered in Red Residence in 2022, 40.0% higher than 2021 by number of sales. The median sale price was ⃃ 370,000 and the median price per square foot ⃃ 501 (+8.2% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 21 salesUpdated: 17 Oct 2026
Property sales
21
+40.0% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 6.87M
+24.0% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 370,000
+10.4% vs 2021
21 sales
Median price per sq ft
⃃ 501
+8.2% vs 2021
21 sales

What types of property sold in Red Residence in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments21100%⃃ 6.87M⃃ 370,000⃃ 501

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)21100%⃃ 6.87M⃃ 370,000⃃ 501
Ready21100%⃃ 6.87M⃃ 370,000⃃ 501

How many rental contracts were registered in Red Residence in 2022?

167 rental contracts (new and renewed) were registered in Red Residence in 2022, at a median annual rent of ⃃ 36,000 (+5.9% on 2021). Rental yields in Red Residence

What were the most expensive property sales in Red Residence in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
27/04/2022Red Residence2 beds · Apartment934 sq ft⃃ 455,000Resale · Ready
10/05/2022Red Residence2 beds · Apartment934 sq ft⃃ 429,173Resale · Ready
07/03/2022Red Residence1 bed · Apartment818 sq ft⃃ 405,000Resale · Ready
04/04/2022Red Residence1 bed · Apartment825 sq ft⃃ 400,000Resale · Ready
14/04/2022Red Residence1 bed · Apartment758 sq ft⃃ 400,000Resale · Ready
13/10/2022Red Residence1 bed · Apartment832 sq ft⃃ 399,900Resale · Ready
25/03/2022Red Residence1 bed · Apartment788 sq ft⃃ 395,000Resale · Ready
18/04/2022Red Residence1 bed · Apartment734 sq ft⃃ 395,000Resale · Ready
13/05/2022Red Residence1 bed · Apartment825 sq ft⃃ 385,000Resale · Ready
13/07/2022Red Residence1 bed · Apartment734 sq ft⃃ 380,000Resale · Ready

What were the last registered sales of 2022?

No transactions on record for this selection.

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/red-residence/2022
Red Residence Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/red-residence/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 Red Residence in 2022?
21 property sales worth ⃃ 6,873,355 were registered in Red Residence in 2022. That is 40.0% higher than 2021.
What was the median property price in Red Residence in 2022?
The median sale price was ⃃ 370,000 and the median price per square foot ⃃ 501 (1 Jan – 31 Dec 2022).

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