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Project · Transactions · 2024

Al Falak Residence Property Transactions 2024

16 property sales worth ⃃ 11.53M were registered in Al Falak Residence in 2024, unchanged from 2023 by number of sales. The median sale price was ⃃ 747,500 and the median price per square foot ⃃ 610 (+2.3% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 16 salesUpdated: 15 Nov 2026
Property sales
16
0.0% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 11.53M
+10.7% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 747,500
+12.8% vs 2023
16 sales
Median price per sq ft
⃃ 610
+2.3% vs 2023
16 sales

What types of property sold in Al Falak Residence in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1593.8%⃃ 10.98M⃃ 750,000⃃ 606
Commercial16.3%⃃ 550K⃃ 550,000⃃ 1,877

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)956.3%⃃ 6.67M⃃ 730,000⃃ 594
Resale (secondary)743.8%⃃ 4.86M⃃ 785,000⃃ 675
Ready16100%⃃ 11.53M⃃ 747,500⃃ 610

How many rental contracts were registered in Al Falak Residence in 2024?

49 rental contracts (new and renewed) were registered in Al Falak Residence in 2024, at a median annual rent of ⃃ 46,000 (+19.0% on 2023). Rental yields in Al Falak Residence

What were the most expensive property sales in Al Falak Residence in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/08/2024Al Falak Residence2 beds · Apartment1,220 sq ft⃃ 845,000Resale · Ready
09/10/2024Al Falak Residence2 beds · Apartment1,768 sq ft⃃ 830,000Primary · Ready
21/06/2024Al Falak Residence2 beds · Apartment1,970 sq ft⃃ 825,000Primary · Ready
13/09/2024Al Falak Residence2 beds · Apartment1,931 sq ft⃃ 825,000Primary · Ready
19/12/2024Al Falak Residence2 beds · Apartment1,220 sq ft⃃ 823,000Resale · Ready
03/04/2024Al Falak Residence2 beds · Apartment1,229 sq ft⃃ 790,000Resale · Ready
01/08/2024Al Falak Residence2 beds · Apartment1,087 sq ft⃃ 785,000Resale · Ready
03/01/2024Al Falak Residence2 beds · Apartment1,220 sq ft⃃ 750,000Resale · Ready
25/03/2024Al Falak Residence2 beds · Apartment1,229 sq ft⃃ 745,000Primary · Ready
09/01/2024Al Falak Residence2 beds · Apartment1,220 sq ft⃃ 730,000Primary · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
19/12/2024Al Falak Residence2 beds · Apartment1,220 sq ft⃃ 823,000Resale · Ready
29/10/2024Al Falak ResidenceCommercial293 sq ft⃃ 550,000Primary · Ready
09/10/2024Al Falak Residence2 beds · Apartment1,768 sq ft⃃ 830,000Primary · Ready
13/09/2024Al Falak Residence2 beds · Apartment1,931 sq ft⃃ 825,000Primary · Ready
16/08/2024Al Falak Residence2 beds · Apartment1,220 sq ft⃃ 845,000Resale · Ready
01/08/2024Al Falak Residence2 beds · Apartment1,087 sq ft⃃ 785,000Resale · Ready
21/06/2024Al Falak Residence2 beds · Apartment1,970 sq ft⃃ 825,000Primary · Ready
03/04/2024Al Falak Residence2 beds · Apartment1,229 sq ft⃃ 790,000Resale · Ready
27/03/2024Al Falak Residence1 bed · Apartment651 sq ft⃃ 440,000Resale · Ready
25/03/2024Al Falak Residence2 beds · Apartment1,220 sq ft⃃ 705,000Primary · 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 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/al-falak-residence/2024
Al Falak Residence Property Transactions 2024. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/al-falak-residence/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 Al Falak Residence in 2024?
16 property sales worth ⃃ 11,533,000 were registered in Al Falak Residence in 2024. That is unchanged from 2023.
What was the median property price in Al Falak Residence in 2024?
The median sale price was ⃃ 747,500 and the median price per square foot ⃃ 610 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Al Falak Residence were off-plan or from developers?
Developer (primary) sales were 56.3% of the 16 sales and resales 43.8%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/al-falak-residence/2024