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Project · Transactions · 2019

Fortune Tower Property Transactions 2019

15 property sales worth ⃃ 9.37M were registered in Fortune Tower in 2019, 114.3% higher than 2018 by number of sales. The median sale price was ⃃ 505,500 and the median price per square foot ⃃ 531 (−22.9% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 15 salesUpdated: 14 Nov 2026
Property sales
15
+114.3% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 9.37M
+21.5% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 505,500
−30.5% vs 2018
15 sales
Median price per sq ft
⃃ 531
−22.9% vs 2018
15 sales

What types of property sold in Fortune Tower in 2019?

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial15100%⃃ 9.37M⃃ 505,500⃃ 531

How were 2019 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)213.3%⃃ 987K⃃ 493,250⃃ 492
Resale (secondary)1386.7%⃃ 8.38M⃃ 550,000⃃ 547
Ready15100%⃃ 9.37M⃃ 505,500⃃ 531

How many rental contracts were registered in Fortune Tower in 2019?

187 rental contracts (new and renewed) were registered in Fortune Tower in 2019, at a median annual rent of ⃃ 65,000 (−13.3% on 2018). Rental yields in Fortune Tower

What were the most expensive property sales in Fortune Tower in 2019?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
13/11/2019Fortune TowerCommercial1,860 sq ft⃃ 1,330,000Resale · Ready
14/11/2019Fortune TowerCommercial2,058 sq ft⃃ 1,300,000Resale · Ready
09/10/2019Fortune TowerCommercial1,047 sq ft⃃ 685,000Resale · Ready
19/09/2019Fortune TowerCommercial1,054 sq ft⃃ 645,000Resale · Ready
22/07/2019Fortune TowerCommercial941 sq ft⃃ 575,000Resale · Ready
02/09/2019Fortune TowerCommercial1,023 sq ft⃃ 560,000Resale · Ready
18/04/2019Fortune TowerCommercial941 sq ft⃃ 550,000Resale · Ready
30/06/2019Fortune TowerCommercial1,067 sq ft⃃ 505,500Primary · Ready
22/09/2019Fortune TowerCommercial1,050 sq ft⃃ 500,000Resale · Ready
02/04/2019Fortune TowerCommercial1,023 sq ft⃃ 490,000Resale · Ready

What were the last registered sales of 2019?

DatePropertyTypeSizePriceMarket
14/11/2019Fortune TowerCommercial2,058 sq ft⃃ 1,300,000Resale · Ready
13/11/2019Fortune TowerCommercial1,860 sq ft⃃ 1,330,000Resale · Ready
24/10/2019Fortune TowerCommercial941 sq ft⃃ 410,000Resale · Ready
09/10/2019Fortune TowerCommercial1,047 sq ft⃃ 685,000Resale · Ready
24/09/2019Fortune TowerCommercial856 sq ft⃃ 450,000Resale · Ready
22/09/2019Fortune TowerCommercial1,050 sq ft⃃ 500,000Resale · Ready
19/09/2019Fortune TowerCommercial1,054 sq ft⃃ 645,000Resale · Ready
02/09/2019Fortune TowerCommercial1,023 sq ft⃃ 560,000Resale · Ready
08/08/2019Fortune TowerCommercial1,023 sq ft⃃ 430,000Resale · Ready
22/07/2019Fortune TowerCommercial941 sq ft⃃ 575,000Resale · 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 2019 with the whole of 2018.
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/2019
Fortune Tower Property Transactions 2019. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/fortune-tower/2019

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 2019?
15 property sales worth ⃃ 9,366,160 were registered in Fortune Tower in 2019. That is 114.3% higher than 2018.
What was the median property price in Fortune Tower in 2019?
The median sale price was ⃃ 505,500 and the median price per square foot ⃃ 531 (1 Jan – 31 Dec 2019).
What share of 2019 sales in Fortune Tower were off-plan or from developers?
Developer (primary) sales were 13.3% of the 15 sales and resales 86.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/fortune-tower/2019