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Building · Transactions · 2018

Elite Residence 1 Property Transactions 2018

11 property sales worth ⃃ 5.76M were registered in Elite Residence 1 in 2018, 83.3% higher than 2017 by number of sales. The median sale price was ⃃ 515,000 and the median price per square foot ⃃ 755 (−12.3% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 11 salesUpdated: 14 Nov 2026
Property sales
11
+83.3% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 5.76M
+50.3% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 515,000
−28.5% vs 2017
11 sales
Median price per sq ft
⃃ 755
−12.3% vs 2017
11 sales

What types of property sold in Elite Residence 1 in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments11100%⃃ 5.76M⃃ 515,000⃃ 755

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
Resale (secondary)11100%⃃ 5.76M⃃ 515,000⃃ 755
Ready11100%⃃ 5.76M⃃ 515,000⃃ 755

How many rental contracts were registered in Elite Residence 1 in 2018?

132 rental contracts (new and renewed) were registered in Elite Residence 1 in 2018, at a median annual rent of ⃃ 45,000 (−10.0% on 2017). Rental yields in Elite Residence 1

What were the most expensive property sales in Elite Residence 1 in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/03/2018Elite Residence 12 beds · Apartment1,017 sq ft⃃ 810,000Resale · Ready
20/02/2018Elite Residence 12 beds · Apartment1,017 sq ft⃃ 805,000Resale · Ready
15/05/2018Elite Residence 11 bed · Apartment795 sq ft⃃ 600,000Resale · Ready
29/07/2018Elite Residence 11 bed · Apartment823 sq ft⃃ 545,000Resale · Ready
19/09/2018Elite Residence 11 bed · Apartment742 sq ft⃃ 535,000Resale · Ready
14/11/2018Elite Residence 11 bed · Apartment801 sq ft⃃ 515,000Resale · Ready
06/11/2018Elite Residence 11 bed · Apartment801 sq ft⃃ 510,000Resale · Ready
05/06/2018Elite Residence 1Studio · Apartment471 sq ft⃃ 410,000Resale · Ready
04/12/2018Elite Residence 1Studio · Apartment475 sq ft⃃ 363,000Resale · Ready
05/11/2018Elite Residence 1Studio · Apartment429 sq ft⃃ 350,000Resale · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
04/12/2018Elite Residence 1Studio · Apartment475 sq ft⃃ 363,000Resale · Ready
22/11/2018Elite Residence 1Studio · Apartment429 sq ft⃃ 320,000Resale · Ready
14/11/2018Elite Residence 11 bed · Apartment801 sq ft⃃ 515,000Resale · Ready
06/11/2018Elite Residence 11 bed · Apartment801 sq ft⃃ 510,000Resale · Ready
05/11/2018Elite Residence 1Studio · Apartment429 sq ft⃃ 350,000Resale · Ready
19/09/2018Elite Residence 11 bed · Apartment742 sq ft⃃ 535,000Resale · Ready
29/07/2018Elite Residence 11 bed · Apartment823 sq ft⃃ 545,000Resale · Ready
05/06/2018Elite Residence 1Studio · Apartment471 sq ft⃃ 410,000Resale · Ready
15/05/2018Elite Residence 11 bed · Apartment795 sq ft⃃ 600,000Resale · Ready
08/03/2018Elite Residence 12 beds · Apartment1,017 sq ft⃃ 810,000Resale · 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 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/elite-residence-1/2018
Elite Residence 1 Property Transactions 2018. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/elite-residence-1/2018

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 Elite Residence 1 in 2018?
11 property sales worth ⃃ 5,763,000 were registered in Elite Residence 1 in 2018. That is 83.3% higher than 2017.
What was the median property price in Elite Residence 1 in 2018?
The median sale price was ⃃ 515,000 and the median price per square foot ⃃ 755 (1 Jan – 31 Dec 2018).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/elite-residence-1/2018