Area · Transactions · 2022

Hadaeq Sheikh Mohammed Bin Rashid Property Transactions 2022

3,684 property sales worth ⃃ 14.3B were registered in Hadaeq Sheikh Mohammed Bin Rashid in 2022, 14.7% higher than 2021 by number of sales. The median sale price was ⃃ 1,700,444 and the median price per square foot ⃃ 1,646 (+37.1% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 3,684 salesUpdated: 13 Nov 2026
Property sales
3,684
+14.7% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 14.3B
+8.8% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 1,700,444
−19.0% vs 2021
3,684 sales
Median price per sq ft
⃃ 1,646
+37.1% vs 2021
3,684 sales

What types of property sold in Hadaeq Sheikh Mohammed Bin Rashid in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2,71173.6%⃃ 4.2B⃃ 1,265,888⃃ 1,680
Villas46912.7%⃃ 7.1B⃃ 11,000,000⃃ 1,858
Commercial20.1%⃃ 4.4M⃃ 2,200,000⃃ 2,172

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)2,26161.4%⃃ 7.8B⃃ 1,461,888⃃ 1,739
Resale (secondary)1,42338.6%⃃ 6.5B⃃ 2,400,000⃃ 1,465
Off-plan2,09756.9%⃃ 7.8B⃃ 1,687,888⃃ 1,752
Ready1,58743.1%⃃ 6.5B⃃ 1,790,000⃃ 1,487

How many rental contracts were registered in Hadaeq Sheikh Mohammed Bin Rashid in 2022?

4,280 rental contracts (new and renewed) were registered in Hadaeq Sheikh Mohammed Bin Rashid in 2022, at a median annual rent of ⃃ 90,000 (0.0% on 2021). Rental yields in Hadaeq Sheikh Mohammed Bin Rashid

What were the most expensive property sales in Hadaeq Sheikh Mohammed Bin Rashid in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/08/2022Dubai Hills - Hills View CommunityVilla42,492 sq ft⃃ 205,000,000Resale · Ready
23/05/2022Dubai Hills - Hills Grove CommunityVilla42,518 sq ft⃃ 128,000,000Primary · Ready
02/08/2022Hadaeq Sheikh Mohammed Bin RashidPlot76,441 sq ft⃃ 106,566,840Primary · Ready
28/07/2022399 Hills Park BPlot73,857 sq ft⃃ 100,526,760Primary · Ready
22/04/2022Dubai Hills - Hills View CommunityVilla34,961 sq ft⃃ 96,000,000Primary · Ready
27/07/2022The Fairway At Dubai HillsPlot34,623 sq ft⃃ 90,000,000Resale · Ready
05/04/2022Golf Residences By FortimoPlot65,044 sq ft⃃ 74,955,200Primary · Ready
12/09/2022Ellington House 2Plot61,708 sq ft⃃ 65,975,300Primary · Ready
12/09/2022Ellington House 4Plot48,662 sq ft⃃ 50,667,480Primary · Ready
29/09/2022Ellington House 3Plot48,337 sq ft⃃ 50,328,500Primary · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
29/12/2022Park Horizon - Tower 21 bed · Apartment659 sq ft⃃ 1,245,888Primary · Off-plan
29/12/2022Park Horizon - Tower 22 beds · Apartment989 sq ft⃃ 1,962,888Primary · Off-plan
29/12/2022Park Horizon - Tower 21 bed · Apartment659 sq ft⃃ 1,233,888Primary · Off-plan
29/12/2022Park Horizon - Tower 21 bed · Apartment659 sq ft⃃ 1,250,888Primary · Off-plan
29/12/2022Park Horizon - Tower 21 bed · Apartment659 sq ft⃃ 1,226,888Primary · Off-plan
29/12/2022Park Horizon - Tower 12 beds · Apartment999 sq ft⃃ 1,934,888Primary · Off-plan
29/12/2022Park Horizon - Tower 21 bed · Apartment659 sq ft⃃ 1,245,888Primary · Off-plan
29/12/2022Park Horizon - Tower 21 bed · Apartment659 sq ft⃃ 1,206,888Primary · Off-plan
29/12/2022Park Horizon - Tower 11 bed · Apartment659 sq ft⃃ 1,186,888Primary · Off-plan
29/12/2022Park Horizon - Tower 11 bed · Apartment659 sq ft⃃ 1,188,888Primary · Off-plan

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/hadaeq-sheikh-mohammed-bin-rashid/2022
Hadaeq Sheikh Mohammed Bin Rashid Property Transactions 2022. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/hadaeq-sheikh-mohammed-bin-rashid/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 Hadaeq Sheikh Mohammed Bin Rashid in 2022?
3,684 property sales worth ⃃ 14,328,265,173 were registered in Hadaeq Sheikh Mohammed Bin Rashid in 2022. That is 14.7% higher than 2021.
What was the median property price in Hadaeq Sheikh Mohammed Bin Rashid in 2022?
The median sale price was ⃃ 1,700,444 and the median price per square foot ⃃ 1,646 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Hadaeq Sheikh Mohammed Bin Rashid were off-plan or from developers?
Developer (primary) sales were 61.4% of the 3,684 sales and resales 38.6%. Off-plan units made up 56.9% and ready units 43.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/hadaeq-sheikh-mohammed-bin-rashid/2022