Building · Transactions · 2019

The Residences 1 Property Transactions 2019

3 property sales worth ⃃ 4.25M were registered in The Residences 1 in 2019, unchanged from 2018 by number of sales. The median sale price was ⃃ 1,200,000 and the median price per square foot ⃃ 1,147 (−11.1% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 3 salesUpdated: 18 Oct 2026
Property sales
3
0.0% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 4.25M
−18.6% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 1,200,000
−11.1% vs 2018
3 sales
Median price per sq ft
⃃ 1,147
−11.1% vs 2018
3 sales

What types of property sold in The Residences 1 in 2019?

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3100%⃃ 4.25M⃃ 1,200,000⃃ 1,147

How were 2019 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)3100%⃃ 4.25M⃃ 1,200,000⃃ 1,147
Ready3100%⃃ 4.25M⃃ 1,200,000⃃ 1,147

How many rental contracts were registered in The Residences 1 in 2019?

88 rental contracts (new and renewed) were registered in The Residences 1 in 2019, at a median annual rent of ⃃ 110,000 (−15.4% on 2018). Rental yields in The Residences 1

What were the most expensive property sales in The Residences 1 in 2019?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/08/2019The Residences 12 beds · Apartment1,452 sq ft⃃ 1,975,000Resale · Ready
02/05/2019The Residences 11 bed · Apartment1,046 sq ft⃃ 1,200,000Resale · Ready
05/09/2019The Residences 11 bed · Apartment1,046 sq ft⃃ 1,075,000Resale · Ready

What were the last registered sales of 2019?

DatePropertyTypeSizePriceMarket
05/09/2019The Residences 11 bed · Apartment1,046 sq ft⃃ 1,075,000Resale · Ready
20/08/2019The Residences 12 beds · Apartment1,452 sq ft⃃ 1,975,000Resale · Ready
02/05/2019The Residences 11 bed · Apartment1,046 sq ft⃃ 1,200,000Resale · 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 2019 with the whole of 2018.
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-residences-1/2019
The Residences 1 Property Transactions 2019. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-residences-1/2019

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 Residences 1 in 2019?
3 property sales worth ⃃ 4,250,000 were registered in The Residences 1 in 2019. That is unchanged from 2018.
What was the median property price in The Residences 1 in 2019?
The median sale price was ⃃ 1,200,000 and the median price per square foot ⃃ 1,147 (1 Jan – 31 Dec 2019).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-residences-1/2019