Building · Transactions · 2024

The Springs 5 Property Transactions 2024

20 property sales worth AED 69.5M were registered in The Springs 5 in 2024, 28.6% lower than 2023 by number of sales. The median sale price was AED 3,412,500 and the median price per square foot AED 1,357 (+33.7% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 20 salesUpdated: 20 Oct 2026
Property sales
20
−28.6% vs 2023
1 Jan – 31 Dec 2024
Total value
AED 69.5M
−18.4% vs 2023
1 Jan – 31 Dec 2024
Median sale price
AED 3,412,500
+11.7% vs 2023
20 sales
Median price per sq ft
AED 1,357
+33.7% vs 2023
20 sales

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

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas15%AED 3.25MAED 3,250,000AED 1,843

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
Primary (developer sales)15%AED 5MAED 4,999,000AED 1,286
Resale (secondary)1995%AED 64.5MAED 3,250,000AED 1,359
Ready20100%AED 69.5MAED 3,412,500AED 1,357

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

1 rental contracts (new and renewed) were registered in The Springs 5 in 2024, at a median annual rent of AED 180,000 (+55.5% on 2023). Rental yields in The Springs 5

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/12/2024The Springs 53 beds · Townhouse4,231 sq ftAED 5,750,000Resale · Ready
09/12/2024The Springs 53 beds · Townhouse3,888 sq ftAED 4,999,000Primary · Ready
31/01/2024The Springs 53 beds · Townhouse4,230 sq ftAED 4,999,000Resale · Ready
26/04/2024The Springs 53 beds · Townhouse2,766 sq ftAED 4,800,000Resale · Ready
03/10/2024The Springs 53 beds · Townhouse2,732 sq ftAED 4,600,000Resale · Ready
05/01/2024The Springs 53 beds · Townhouse4,053 sq ftAED 4,100,000Resale · Ready
21/11/2024The Springs 52 beds · Townhouse3,025 sq ftAED 4,100,000Resale · Ready
09/07/2024The Springs 53 beds · Townhouse2,748 sq ftAED 4,100,000Resale · Ready
01/04/2024The Springs 53 beds · Townhouse4,231 sq ftAED 4,050,000Resale · Ready
06/05/2024The Springs 53 beds · Townhouse2,667 sq ftAED 3,575,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
09/12/2024The Springs 53 beds · Townhouse3,888 sq ftAED 4,999,000Primary · Ready
08/12/2024The Springs 53 beds · Townhouse4,231 sq ftAED 5,750,000Resale · Ready
21/11/2024The Springs 52 beds · Townhouse3,025 sq ftAED 4,100,000Resale · Ready
07/10/2024The Springs 52 beds · Townhouse3,026 sq ftAED 2,900,000Resale · Ready
03/10/2024The Springs 53 beds · Townhouse2,732 sq ftAED 4,600,000Resale · Ready
01/10/2024The Springs 52 beds · Townhouse1,862 sq ftAED 1,498,137Resale · Ready
13/09/2024The Springs 52 beds · Townhouse1,857 sq ftAED 2,550,000Resale · Ready
12/07/2024The Springs 52 beds · Townhouse1,830 sq ftAED 2,800,000Resale · Ready
09/07/2024The Springs 53 beds · Townhouse2,748 sq ftAED 4,100,000Resale · Ready
27/05/2024The Springs 52 beds · Townhouse1,857 sq ftAED 2,650,000Resale · 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-springs-5/2024
The Springs 5 Property Transactions 2024. DXBinteract, data to 20 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-springs-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 Springs 5 in 2024?
20 property sales worth AED 69,501,137 were registered in The Springs 5 in 2024. That is 28.6% lower than 2023.
What was the median property price in The Springs 5 in 2024?
The median sale price was AED 3,412,500 and the median price per square foot AED 1,357 (1 Jan – 31 Dec 2024).
What share of 2024 sales in The Springs 5 were off-plan or from developers?
Developer (primary) sales were 5% of the 20 sales and resales 95%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 20 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-springs-5/2024