Building · Transactions · 2024

The Residences 5 Property Transactions 2024

14 property sales worth ⃃ 43.75M were registered in The Residences 5 in 2024, 75.0% higher than 2023 by number of sales. The median sale price was ⃃ 3,125,000 and the median price per square foot ⃃ 2,273 (+10.8% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 14 salesUpdated: 19 Oct 2026
Property sales
14
+75.0% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 43.75M
+82.6% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 3,125,000
+21.4% vs 2023
14 sales
Median price per sq ft
⃃ 2,273
+10.8% vs 2023
14 sales

What types of property sold in The Residences 5 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments14100%⃃ 43.75M⃃ 3,125,000⃃ 2,273

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
Resale (secondary)14100%⃃ 43.75M⃃ 3,125,000⃃ 2,273
Ready14100%⃃ 43.75M⃃ 3,125,000⃃ 2,273

How many rental contracts were registered in The Residences 5 in 2024?

70 rental contracts (new and renewed) were registered in The Residences 5 in 2024, at a median annual rent of ⃃ 141,500 (+13.2% on 2023). Rental yields in The Residences 5

What were the most expensive property sales in The Residences 5 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/07/2024The Residences 52 beds · Apartment1,431 sq ft⃃ 5,200,000Resale · Ready
30/10/2024The Residences 52 beds · Apartment1,431 sq ft⃃ 4,550,000Resale · Ready
11/07/2024The Residences 53 beds · Apartment1,838 sq ft⃃ 4,400,000Resale · Ready
28/05/2024The Residences 52 beds · Apartment1,431 sq ft⃃ 3,850,000Resale · Ready
20/06/2024The Residences 52 beds · Apartment1,365 sq ft⃃ 3,785,000Resale · Ready
01/10/2024The Residences 52 beds · Apartment1,755 sq ft⃃ 3,760,478Resale · Ready
22/01/2024The Residences 52 beds · Apartment1,431 sq ft⃃ 3,500,000Resale · Ready
31/10/2024The Residences 51 bed · Apartment1,092 sq ft⃃ 2,750,000Resale · Ready
14/02/2024The Residences 52 beds · Apartment1,431 sq ft⃃ 2,500,000Resale · Ready
31/05/2024The Residences 51 bed · Apartment1,092 sq ft⃃ 2,350,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
31/10/2024The Residences 51 bed · Apartment1,092 sq ft⃃ 2,750,000Resale · Ready
30/10/2024The Residences 52 beds · Apartment1,431 sq ft⃃ 4,550,000Resale · Ready
01/10/2024The Residences 52 beds · Apartment1,755 sq ft⃃ 3,760,478Resale · Ready
17/07/2024The Residences 52 beds · Apartment1,431 sq ft⃃ 5,200,000Resale · Ready
11/07/2024The Residences 53 beds · Apartment1,838 sq ft⃃ 4,400,000Resale · Ready
05/07/2024The Residences 51 bed · Apartment906 sq ft⃃ 1,750,000Resale · Ready
20/06/2024The Residences 52 beds · Apartment1,365 sq ft⃃ 3,785,000Resale · Ready
31/05/2024The Residences 51 bed · Apartment1,092 sq ft⃃ 2,350,000Resale · Ready
28/05/2024The Residences 52 beds · Apartment1,431 sq ft⃃ 3,850,000Resale · Ready
05/04/2024The Residences 51 bed · Apartment906 sq ft⃃ 1,650,000Resale · 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 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-residences-5/2024
The Residences 5 Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-residences-5/2024

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 Residences 5 in 2024?
14 property sales worth ⃃ 43,750,478 were registered in The Residences 5 in 2024. That is 75.0% higher than 2023.
What was the median property price in The Residences 5 in 2024?
The median sale price was ⃃ 3,125,000 and the median price per square foot ⃃ 2,273 (1 Jan – 31 Dec 2024).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-residences-5/2024