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Project · Transactions · 2022

Elz Residence Property Transactions 2022

30 property sales worth ⃃ 16.13M were registered in Elz Residence in 2022, 20.0% higher than 2021 by number of sales. The median sale price was ⃃ 400,000 and the median price per square foot ⃃ 942 (+4.5% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 30 salesUpdated: 14 Nov 2026
Property sales
30
+20.0% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 16.13M
+4.3% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 400,000
−35.6% vs 2021
30 sales
Median price per sq ft
⃃ 942
+4.5% vs 2021
30 sales

What types of property sold in Elz Residence in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2893.3%⃃ 14.03M⃃ 400,000⃃ 936
Commercial26.7%⃃ 2.1M⃃ 1,049,904⃃ 1,481

How were 2022 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)1136.7%⃃ 8.1M⃃ 813,096⃃ 996
Resale (secondary)1963.3%⃃ 8.03M⃃ 380,000⃃ 934
Off-plan413.3%⃃ 2.11M⃃ 406,400⃃ 977
Ready2686.7%⃃ 14.02M⃃ 400,000⃃ 941

How many rental contracts were registered in Elz Residence in 2022?

151 rental contracts (new and renewed) were registered in Elz Residence in 2022, at a median annual rent of ⃃ 30,000. Rental yields in Elz Residence

What were the most expensive property sales in Elz Residence in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
04/08/2022Elz ResidenceCommercial869 sq ft⃃ 1,286,712Primary · Ready
05/04/2022Elz Residence2 beds · Apartment1,148 sq ft⃃ 930,000Primary · Off-plan
16/12/2022Elz Residence2 beds · Apartment1,148 sq ft⃃ 920,615Primary · Ready
16/12/2022Elz Residence2 beds · Apartment1,149 sq ft⃃ 919,840Primary · Ready
16/12/2022Elz Residence2 beds · Apartment1,151 sq ft⃃ 917,859Primary · Ready
04/08/2022Elz ResidenceCommercial549 sq ft⃃ 813,096Primary · Ready
27/12/2022Elz Residence1 bed · Apartment683 sq ft⃃ 750,000Resale · Ready
27/05/2022Elz Residence1 bed · Apartment689 sq ft⃃ 686,400Primary · Ready
19/12/2022Elz Residence1 bed · Apartment688 sq ft⃃ 674,000Resale · Ready
05/12/2022Elz Residence1 bed · Apartment688 sq ft⃃ 580,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
27/12/2022Elz ResidenceStudio · Apartment431 sq ft⃃ 382,000Resale · Ready
27/12/2022Elz Residence1 bed · Apartment683 sq ft⃃ 750,000Resale · Ready
19/12/2022Elz Residence1 bed · Apartment688 sq ft⃃ 674,000Resale · Ready
19/12/2022Elz ResidenceStudio · Apartment396 sq ft⃃ 370,000Resale · Ready
16/12/2022Elz Residence2 beds · Apartment1,149 sq ft⃃ 919,840Primary · Ready
16/12/2022Elz Residence2 beds · Apartment1,151 sq ft⃃ 917,859Primary · Ready
16/12/2022Elz Residence2 beds · Apartment1,148 sq ft⃃ 920,615Primary · Ready
15/12/2022Elz ResidenceStudio · Apartment393 sq ft⃃ 385,000Resale · Ready
15/12/2022Elz ResidenceStudio · Apartment393 sq ft⃃ 415,000Resale · Ready
06/12/2022Elz ResidenceStudio · Apartment392 sq ft⃃ 400,000Resale · 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 2022 with the whole of 2021.
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/elz-residence/2022
Elz Residence Property Transactions 2022. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/elz-residence/2022

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 Elz Residence in 2022?
30 property sales worth ⃃ 16,131,679 were registered in Elz Residence in 2022. That is 20.0% higher than 2021.
What was the median property price in Elz Residence in 2022?
The median sale price was ⃃ 400,000 and the median price per square foot ⃃ 942 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Elz Residence were off-plan or from developers?
Developer (primary) sales were 36.7% of the 30 sales and resales 63.3%. Off-plan units made up 13.3% and ready units 86.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/elz-residence/2022