Project · Transactions · 2020

The Spirit Property Transactions 2020

18 property sales worth ⃃ 16.03M were registered in The Spirit in 2020, 28.6% higher than 2019 by number of sales. The median sale price was ⃃ 954,197 and the median price per square foot ⃃ 2,042 (+12.7% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 18 salesUpdated: 19 Oct 2026
Property sales
18
+28.6% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 16.03M
+56.3% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 954,197
+37.1% vs 2019
18 sales
Median price per sq ft
⃃ 2,042
+12.7% vs 2019
18 sales

What types of property sold in The Spirit in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments18100%⃃ 16.03M⃃ 954,197⃃ 2,042

How were 2020 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)1477.8%⃃ 14.07M⃃ 1,072,250⃃ 2,100
Resale (secondary)422.2%⃃ 1.95M⃃ 437,500⃃ 668
Ready18100%⃃ 16.03M⃃ 954,197⃃ 2,042

How many rental contracts were registered in The Spirit in 2020?

279 rental contracts (new and renewed) were registered in The Spirit in 2020, at a median annual rent of ⃃ 32,000 (−9.8% on 2019). Rental yields in The Spirit

What were the most expensive property sales in The Spirit in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/01/2020The Spirit1 bed · Apartment795 sq ft⃃ 1,653,021Primary · Ready
21/12/2020The Spirit1 bed · Apartment795 sq ft⃃ 1,253,430Primary · Ready
17/12/2020The SpiritStudio · Apartment398 sq ft⃃ 1,170,000Primary · Ready
18/11/2020The SpiritStudio · Apartment635 sq ft⃃ 1,169,000Primary · Ready
27/07/2020The SpiritStudio · Apartment416 sq ft⃃ 1,125,000Primary · Ready
13/07/2020The SpiritStudio · Apartment514 sq ft⃃ 1,075,000Primary · Ready
13/07/2020The SpiritStudio · Apartment636 sq ft⃃ 1,075,000Primary · Ready
05/01/2020The SpiritStudio · Apartment391 sq ft⃃ 1,069,500Primary · Ready
03/11/2020The SpiritStudio · Apartment321 sq ft⃃ 1,050,000Primary · Ready
19/01/2020The SpiritStudio · Apartment326 sq ft⃃ 858,393Primary · Ready

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
21/12/2020The Spirit1 bed · Apartment795 sq ft⃃ 1,253,430Primary · Ready
17/12/2020The SpiritStudio · Apartment398 sq ft⃃ 1,170,000Primary · Ready
18/11/2020The SpiritStudio · Apartment635 sq ft⃃ 1,169,000Primary · Ready
08/11/2020The SpiritStudio · Apartment332 sq ft⃃ 719,995Primary · Ready
03/11/2020The SpiritStudio · Apartment321 sq ft⃃ 1,050,000Primary · Ready
06/10/2020The Spirit1 bed · Apartment752 sq ft⃃ 437,500Resale · Ready
30/09/2020The SpiritStudio · Apartment371 sq ft⃃ 280,000Resale · Ready
29/09/2020The Spirit1 bed · Apartment752 sq ft⃃ 437,500Resale · Ready
27/07/2020The SpiritStudio · Apartment416 sq ft⃃ 1,125,000Primary · Ready
13/07/2020The SpiritStudio · Apartment514 sq ft⃃ 1,075,000Primary · 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 2020 with the whole of 2019.
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-spirit/2020
The Spirit Property Transactions 2020. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-spirit/2020

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 Spirit in 2020?
18 property sales worth ⃃ 16,027,339 were registered in The Spirit in 2020. That is 28.6% higher than 2019.
What was the median property price in The Spirit in 2020?
The median sale price was ⃃ 954,197 and the median price per square foot ⃃ 2,042 (1 Jan – 31 Dec 2020).
What share of 2020 sales in The Spirit were off-plan or from developers?
Developer (primary) sales were 77.8% of the 18 sales and resales 22.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-spirit/2020