Project · Transactions · 2018

The Residences Downtown Property Transactions 2018

30 property sales worth ⃃ 94.88M were registered in The Residences Downtown in 2018, 37.5% lower than 2017 by number of sales. The median sale price was ⃃ 2,200,000 and the median price per square foot ⃃ 1,723 (−21.0% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 30 salesUpdated: 18 Oct 2026
Property sales
30
−37.5% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 94.88M
−44.4% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 2,200,000
−26.7% vs 2017
30 sales
Median price per sq ft
⃃ 1,723
−21.0% vs 2017
30 sales

What types of property sold in The Residences Downtown in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments30100%⃃ 94.88M⃃ 2,200,000⃃ 1,723

How were 2018 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)26.7%⃃ 3.87M⃃ 1,934,400⃃ 1,165
Resale (secondary)2893.3%⃃ 91.01M⃃ 2,200,000⃃ 1,750
Ready30100%⃃ 94.88M⃃ 2,200,000⃃ 1,723

How many rental contracts were registered in The Residences Downtown in 2018?

533 rental contracts (new and renewed) were registered in The Residences Downtown in 2018, at a median annual rent of ⃃ 145,000 (+16.0% on 2017). Rental yields in The Residences Downtown

What were the most expensive property sales in The Residences Downtown in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
15/02/2018The Residences 44 beds · Apartment4,789 sq ft⃃ 11,000,000Resale · Ready
11/09/2018The Residences 43 beds · Apartment2,599 sq ft⃃ 7,800,000Resale · Ready
22/04/2018The Residences 43 beds · Apartment2,379 sq ft⃃ 6,800,000Resale · Ready
24/06/2018The Residences 63 beds · Apartment1,977 sq ft⃃ 6,700,000Resale · Ready
03/01/2018The Residences 43 beds · Apartment2,379 sq ft⃃ 6,350,000Resale · Ready
05/03/2018The Residences 83 beds · Apartment1,838 sq ft⃃ 5,100,000Resale · Ready
29/11/2018The Residences 82 beds · Apartment1,365 sq ft⃃ 4,000,000Resale · Ready
01/04/2018The Residences 93 beds · Apartment2,379 sq ft⃃ 3,644,927Resale · Ready
16/05/2018The Residences 72 beds · Apartment1,629 sq ft⃃ 3,591,491Resale · Ready
17/10/2018The Residences 93 beds · Apartment2,379 sq ft⃃ 3,300,000Resale · Ready

What were the last registered sales of 2018?

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 2018 with the whole of 2017.
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-downtown/2018
The Residences Downtown Property Transactions 2018. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-residences-downtown/2018

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 Downtown in 2018?
30 property sales worth ⃃ 94,876,218 were registered in The Residences Downtown in 2018. That is 37.5% lower than 2017.
What was the median property price in The Residences Downtown in 2018?
The median sale price was ⃃ 2,200,000 and the median price per square foot ⃃ 1,723 (1 Jan – 31 Dec 2018).
What share of 2018 sales in The Residences Downtown were off-plan or from developers?
Developer (primary) sales were 6.7% of the 30 sales and resales 93.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-residences-downtown/2018