Building · Transactions · 2022

The Residences 3 Property Transactions 2022

8 property sales worth ⃃ 18.48M were registered in The Residences 3 in 2022, 60.0% higher than 2021 by number of sales. The median sale price was ⃃ 1,912,500 and the median price per square foot ⃃ 1,898 (−6.1% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 8 salesUpdated: 18 Oct 2026
Property sales
8
+60.0% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 18.48M
+50.2% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 1,912,500
−34.1% vs 2021
8 sales
Median price per sq ft
⃃ 1,898
−6.1% vs 2021
8 sales

What types of property sold in The Residences 3 in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments8100%⃃ 18.48M⃃ 1,912,500⃃ 1,898

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)8100%⃃ 18.48M⃃ 1,912,500⃃ 1,898
Ready8100%⃃ 18.48M⃃ 1,912,500⃃ 1,898

How many rental contracts were registered in The Residences 3 in 2022?

61 rental contracts (new and renewed) were registered in The Residences 3 in 2022, at a median annual rent of ⃃ 110,000 (+22.2% on 2021). Rental yields in The Residences 3

What were the most expensive property sales in The Residences 3 in 2022?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

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/the-residences-3/2022
The Residences 3 Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-residences-3/2022

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 The Residences 3 in 2022?
8 property sales worth ⃃ 18,475,000 were registered in The Residences 3 in 2022. That is 60.0% higher than 2021.
What was the median property price in The Residences 3 in 2022?
The median sale price was ⃃ 1,912,500 and the median price per square foot ⃃ 1,898 (1 Jan – 31 Dec 2022).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-residences-3/2022