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Building · Transactions · 2020

Elite Residence 1 Property Transactions 2020

11 property sales worth ⃃ 3.67M were registered in Elite Residence 1 in 2020, 31.3% lower than 2019 by number of sales. The median sale price was ⃃ 340,000 and the median price per square foot ⃃ 519 (−24.5% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 11 salesUpdated: 14 Nov 2026
Property sales
11
−31.3% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 3.67M
−38.2% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 340,000
+6.8% vs 2019
11 sales
Median price per sq ft
⃃ 519
−24.5% vs 2019
11 sales

What types of property sold in Elite Residence 1 in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments11100%⃃ 3.67M⃃ 340,000⃃ 519

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.

No transactions on record for this selection.

How many rental contracts were registered in Elite Residence 1 in 2020?

141 rental contracts (new and renewed) were registered in Elite Residence 1 in 2020, at a median annual rent of ⃃ 26,000 (−31.6% on 2019). Rental yields in Elite Residence 1

What were the most expensive property sales in Elite Residence 1 in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
30/01/2020Elite Residence 12 beds · Apartment1,012 sq ft⃃ 570,000Resale · Ready
29/01/2020Elite Residence 11 bed · Apartment770 sq ft⃃ 400,000Resale · Ready
26/07/2020Elite Residence 11 bed · Apartment737 sq ft⃃ 400,000Resale · Ready
25/11/2020Elite Residence 11 bed · Apartment823 sq ft⃃ 382,500Resale · Ready
28/07/2020Elite Residence 11 bed · Apartment737 sq ft⃃ 350,000Resale · Ready
13/10/2020Elite Residence 11 bed · Apartment770 sq ft⃃ 340,000Resale · Ready
15/06/2020Elite Residence 1Studio · Apartment425 sq ft⃃ 300,000Resale · Ready
16/12/2020Elite Residence 1Studio · Apartment442 sq ft⃃ 300,000Resale · Ready
27/12/2020Elite Residence 1Studio · Apartment478 sq ft⃃ 240,000Resale · Ready
22/10/2020Elite Residence 1Studio · Apartment442 sq ft⃃ 228,000Resale · Ready

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
27/12/2020Elite Residence 1Studio · Apartment478 sq ft⃃ 240,000Resale · Ready
16/12/2020Elite Residence 1Studio · Apartment442 sq ft⃃ 300,000Resale · Ready
25/11/2020Elite Residence 11 bed · Apartment823 sq ft⃃ 382,500Resale · Ready
22/10/2020Elite Residence 1Studio · Apartment442 sq ft⃃ 228,000Resale · Ready
13/10/2020Elite Residence 11 bed · Apartment770 sq ft⃃ 340,000Resale · Ready
28/07/2020Elite Residence 11 bed · Apartment737 sq ft⃃ 350,000Resale · Ready
26/07/2020Elite Residence 11 bed · Apartment737 sq ft⃃ 400,000Resale · Ready
08/07/2020Elite Residence 1Studio · Apartment435 sq ft⃃ 157,263Resale · Ready
15/06/2020Elite Residence 1Studio · Apartment425 sq ft⃃ 300,000Resale · Ready
30/01/2020Elite Residence 12 beds · Apartment1,012 sq ft⃃ 570,000Resale · 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 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/elite-residence-1/2020
Elite Residence 1 Property Transactions 2020. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/elite-residence-1/2020

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 Elite Residence 1 in 2020?
11 property sales worth ⃃ 3,667,763 were registered in Elite Residence 1 in 2020. That is 31.3% lower than 2019.
What was the median property price in Elite Residence 1 in 2020?
The median sale price was ⃃ 340,000 and the median price per square foot ⃃ 519 (1 Jan – 31 Dec 2020).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/elite-residence-1/2020