Skip to content

Project · Transactions · 2018

Fortune Tower Property Transactions 2018

7 property sales worth ⃃ 7.71M were registered in Fortune Tower in 2018, 65.0% lower than 2017 by number of sales. The median sale price was ⃃ 727,125 and the median price per square foot ⃃ 689 (−16.1% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 7 salesUpdated: 13 Nov 2026
Property sales
7
−65.0% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 7.71M
−59.4% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 727,125
−9.7% vs 2017
7 sales
Median price per sq ft
⃃ 689
−16.1% vs 2017
7 sales

What types of property sold in Fortune Tower in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial7100%⃃ 7.71M⃃ 727,125⃃ 689

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
Primary (developer sales)114.3%⃃ 727K⃃ 727,125⃃ 711
Resale (secondary)685.7%⃃ 6.98M⃃ 682,500⃃ 688
Ready7100%⃃ 7.71M⃃ 727,125⃃ 689

How many rental contracts were registered in Fortune Tower in 2018?

207 rental contracts (new and renewed) were registered in Fortune Tower in 2018, at a median annual rent of ⃃ 75,000 (0.0% on 2017). Rental yields in Fortune Tower

What were the most expensive property sales in Fortune Tower in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/05/2018Fortune TowerCommercial1,954 sq ft⃃ 3,517,146Resale · Ready
16/01/2018Fortune TowerCommercial1,050 sq ft⃃ 1,050,000Resale · Ready
18/10/2018Fortune TowerCommercial1,067 sq ft⃃ 735,000Resale · Ready
23/01/2018Fortune TowerCommercial1,023 sq ft⃃ 727,125Primary · Ready
30/09/2018Fortune TowerCommercial1,032 sq ft⃃ 630,000Resale · Ready
07/11/2018Fortune TowerCommercial801 sq ft⃃ 550,000Resale · Ready
18/01/2018Fortune TowerCommercial1,035 sq ft⃃ 500,000Resale · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
07/11/2018Fortune TowerCommercial801 sq ft⃃ 550,000Resale · Ready
18/10/2018Fortune TowerCommercial1,067 sq ft⃃ 735,000Resale · Ready
30/09/2018Fortune TowerCommercial1,032 sq ft⃃ 630,000Resale · Ready
01/05/2018Fortune TowerCommercial1,954 sq ft⃃ 3,517,146Resale · Ready
23/01/2018Fortune TowerCommercial1,023 sq ft⃃ 727,125Primary · Ready
18/01/2018Fortune TowerCommercial1,035 sq ft⃃ 500,000Resale · Ready
16/01/2018Fortune TowerCommercial1,050 sq ft⃃ 1,050,000Resale · 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/fortune-tower/2018
Fortune Tower Property Transactions 2018. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/fortune-tower/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 Fortune Tower in 2018?
7 property sales worth ⃃ 7,709,271 were registered in Fortune Tower in 2018. That is 65.0% lower than 2017.
What was the median property price in Fortune Tower in 2018?
The median sale price was ⃃ 727,125 and the median price per square foot ⃃ 689 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Fortune Tower were off-plan or from developers?
Developer (primary) sales were 14.3% of the 7 sales and resales 85.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/fortune-tower/2018