Master Project · Transactions · 2024

The Heart Of Europe Property Transactions 2024

122 property sales worth ⃃ 202.57M were registered in The Heart Of Europe in 2024, 42.7% lower than 2023 by number of sales. The median sale price was ⃃ 1,593,807 and the median price per square foot ⃃ 3,819 (+15.9% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 122 salesUpdated: 17 Oct 2026
Property sales
122
−42.7% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 202.57M
−56.9% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,593,807
+13.8% vs 2023
122 sales
Median price per sq ft
⃃ 3,819
+15.9% vs 2023
122 sales

What types of property sold in The Heart Of Europe in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments12098.4%⃃ 199.27M⃃ 1,584,802⃃ 3,851
Commercial21.6%⃃ 3.3M⃃ 1,649,134⃃ 2,651

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
Primary (developer sales)10283.6%⃃ 170.55M⃃ 1,527,555⃃ 3,704
Resale (secondary)2016.4%⃃ 32.02M⃃ 1,650,000⃃ 3,946
Off-plan122100%⃃ 202.57M⃃ 1,593,807⃃ 3,819

How many rental contracts were registered in The Heart Of Europe in 2024?

1 rental contracts (new and renewed) were registered in The Heart Of Europe in 2024, at a median annual rent of ⃃ 153,274.

What were the most expensive property sales in The Heart Of Europe in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/10/2024Marbella Resort HotelStudio · Apartment499 sq ft⃃ 2,698,165Primary · Off-plan
10/12/2024Marbella Resort HotelStudio · Apartment499 sq ft⃃ 2,518,349Primary · Off-plan
24/07/2024Marbella Resort HotelStudio · Apartment486 sq ft⃃ 2,477,454Primary · Off-plan
31/10/2024Marbella Resort HotelStudio · Apartment436 sq ft⃃ 2,404,065Primary · Off-plan
30/07/2024Marbella Resort HotelStudio · Apartment427 sq ft⃃ 2,370,293Primary · Off-plan
24/10/2024Marbella Resort HotelStudio · Apartment425 sq ft⃃ 2,343,615Primary · Off-plan
31/10/2024Marbella Resort HotelStudio · Apartment437 sq ft⃃ 2,329,664Primary · Off-plan
24/12/2024Marbella Resort HotelStudio · Apartment384 sq ft⃃ 2,211,542Primary · Off-plan
24/12/2024Marbella Resort HotelStudio · Apartment421 sq ft⃃ 2,204,509Primary · Off-plan
28/06/2024Marbella Resort HotelStudio · Apartment385 sq ft⃃ 2,201,785Primary · Off-plan

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
30/12/2024Cote D'Azur - St. TropezStudio · Apartment406 sq ft⃃ 1,600,000Resale · Off-plan
24/12/2024Marbella Resort HotelStudio · Apartment384 sq ft⃃ 2,211,542Primary · Off-plan
24/12/2024Marbella Resort HotelStudio · Apartment385 sq ft⃃ 2,000,000Primary · Off-plan
24/12/2024Marbella Resort HotelStudio · Apartment421 sq ft⃃ 2,204,509Primary · Off-plan
24/12/2024Marbella Resort HotelStudio · Apartment384 sq ft⃃ 1,900,000Primary · Off-plan
13/12/2024Marbella Resort HotelStudio · Apartment357 sq ft⃃ 2,010,000Primary · Off-plan
12/12/2024Marbella Resort HotelStudio · Apartment412 sq ft⃃ 2,103,611Primary · Off-plan
10/12/2024Marbella Resort HotelStudio · Apartment499 sq ft⃃ 2,518,349Primary · Off-plan
10/12/2024Marbella Resort HotelStudio · Apartment412 sq ft⃃ 2,004,616Primary · Off-plan
27/11/2024Marbella Resort HotelStudio · Apartment392 sq ft⃃ 1,900,000Primary · Off-plan

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/the-heart-of-europe/2024
The Heart Of Europe Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-heart-of-europe/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 The Heart Of Europe in 2024?
122 property sales worth ⃃ 202,570,991 were registered in The Heart Of Europe in 2024. That is 42.7% lower than 2023.
What was the median property price in The Heart Of Europe in 2024?
The median sale price was ⃃ 1,593,807 and the median price per square foot ⃃ 3,819 (1 Jan – 31 Dec 2024).
What share of 2024 sales in The Heart Of Europe were off-plan or from developers?
Developer (primary) sales were 83.6% of the 122 sales and resales 16.4%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-heart-of-europe/2024