Project · Transactions · 2021

The 118 Property Transactions 2021

2 property sales worth ⃃ 68.9M were registered in The 118 in 2021, 100.0% higher than 2020 by number of sales. The median sale price was ⃃ 34,450,000 and the median price per square foot ⃃ 3,580 (+23.7% on 2020).

Period: 1 Jan – 31 Dec 2021Compared with: 2020Sample: 2 salesUpdated: 18 Oct 2026
Property sales
2
+100.0% vs 2020
1 Jan – 31 Dec 2021
Total value
⃃ 68.9M
+257.9% vs 2020
1 Jan – 31 Dec 2021
Median sale price
⃃ 34,450,000
+79.0% vs 2020
2 sales
Median price per sq ft
⃃ 3,580
+23.7% vs 2020
2 sales

What types of property sold in The 118 in 2021?

1 Jan – 31 Dec 2021

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2100%⃃ 68.9M⃃ 34,450,000⃃ 3,580

How were 2021 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
Primary (developer sales)150%⃃ 49.9M⃃ 49,900,000⃃ 4,302
Resale (secondary)150%⃃ 19M⃃ 19,000,000⃃ 2,857
Ready2100%⃃ 68.9M⃃ 34,450,000⃃ 3,580

How many rental contracts were registered in The 118 in 2021?

15 rental contracts (new and renewed) were registered in The 118 in 2021, at a median annual rent of ⃃ 660,000 (+7.8% on 2020). Rental yields in The 118

What were the most expensive property sales in The 118 in 2021?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/10/2021The 1186 beds · Apartment11,598 sq ft⃃ 49,900,000Primary · Ready
12/09/2021The 1184 beds · Apartment6,650 sq ft⃃ 19,000,000Resale · Ready

What were the last registered sales of 2021?

DatePropertyTypeSizePriceMarket
26/10/2021The 1186 beds · Apartment11,598 sq ft⃃ 49,900,000Primary · Ready
12/09/2021The 1184 beds · Apartment6,650 sq ft⃃ 19,000,000Resale · 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 2021 with the whole of 2020.
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/the-118/2021
The 118 Property Transactions 2021. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-118/2021

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 The 118 in 2021?
2 property sales worth ⃃ 68,900,000 were registered in The 118 in 2021. That is 100.0% higher than 2020.
What was the median property price in The 118 in 2021?
The median sale price was ⃃ 34,450,000 and the median price per square foot ⃃ 3,580 (1 Jan – 31 Dec 2021).
What share of 2021 sales in The 118 were off-plan or from developers?
Developer (primary) sales were 50% of the 2 sales and resales 50%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-118/2021