Project · Transactions · 2024

The Portman Property Transactions 2024

28 property sales worth ⃃ 25.39M were registered in The Portman in 2024, 81.3% lower than 2023 by number of sales. The median sale price was ⃃ 947,500 and the median price per square foot ⃃ 1,262 (+7.7% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 28 salesUpdated: 18 Oct 2026
Property sales
28
−81.3% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 25.39M
−81.3% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 947,500
+4.5% vs 2023
28 sales
Median price per sq ft
⃃ 1,262
+7.7% vs 2023
28 sales

What types of property sold in The Portman in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments28100%⃃ 25.39M⃃ 947,500⃃ 1,262

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)1035.7%⃃ 9.57M⃃ 965,328⃃ 1,220
Resale (secondary)1864.3%⃃ 15.82M⃃ 947,500⃃ 1,270
Off-plan28100%⃃ 25.39M⃃ 947,500⃃ 1,262

How many rental contracts were registered in The Portman in 2024?

1 rental contracts (new and renewed) were registered in The Portman in 2024, at a median annual rent of ⃃ 21,000 (+16.7% on 2023). Rental yields in The Portman

What were the most expensive property sales in The Portman in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/06/2024The Portman2 beds · Apartment1,092 sq ft⃃ 1,400,000Resale · Off-plan
07/03/2024The Portman2 beds · Apartment1,088 sq ft⃃ 1,389,828Primary · Off-plan
26/05/2024The Portman2 beds · Apartment1,088 sq ft⃃ 1,380,828Primary · Off-plan
21/02/2024The Portman2 beds · Apartment1,092 sq ft⃃ 1,325,828Primary · Off-plan
26/04/2024The Portman2 beds · Apartment1,092 sq ft⃃ 1,270,828Primary · Off-plan
01/10/2024The Portman1 bed · Apartment744 sq ft⃃ 1,100,000Resale · Off-plan
24/05/2024The Portman2 beds · Apartment971 sq ft⃃ 1,100,000Resale · Off-plan
21/11/2024The Portman1 bed · Apartment712 sq ft⃃ 1,050,000Resale · Off-plan
25/03/2024The Portman2 beds · Apartment1,088 sq ft⃃ 1,050,000Resale · Off-plan
28/08/2024The Portman1 bed · Apartment820 sq ft⃃ 1,004,828Primary · Off-plan

What were the last registered sales of 2024?

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 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-portman/2024
The Portman Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-portman/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 Portman in 2024?
28 property sales worth ⃃ 25,388,881 were registered in The Portman in 2024. That is 81.3% lower than 2023.
What was the median property price in The Portman in 2024?
The median sale price was ⃃ 947,500 and the median price per square foot ⃃ 1,262 (1 Jan – 31 Dec 2024).
What share of 2024 sales in The Portman were off-plan or from developers?
Developer (primary) sales were 35.7% of the 28 sales and resales 64.3%. 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-portman/2024