Project · Transactions · 2018

Icon Tower JLT Property Transactions 2018

38 property sales worth ⃃ 33.42M were registered in Icon Tower JLT in 2018, 2.7% higher than 2017 by number of sales. The median sale price was ⃃ 786,000 and the median price per square foot ⃃ 876 (−16.0% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 38 salesUpdated: 13 Nov 2026
Property sales
38
+2.7% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 33.42M
−9.8% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 786,000
−21.4% vs 2017
38 sales
Median price per sq ft
⃃ 876
−16.0% vs 2017
38 sales

What types of property sold in Icon Tower JLT in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments38100%⃃ 33.42M⃃ 786,000⃃ 876

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
Resale (secondary)38100%⃃ 33.42M⃃ 786,000⃃ 876
Ready38100%⃃ 33.42M⃃ 786,000⃃ 876

How many rental contracts were registered in Icon Tower JLT in 2018?

495 rental contracts (new and renewed) were registered in Icon Tower JLT in 2018, at a median annual rent of ⃃ 73,000 (−14.1% on 2017). Rental yields in Icon Tower JLT

What were the most expensive property sales in Icon Tower JLT in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/01/2018Icon 15 beds · Apartment5,152 sq ft⃃ 4,000,000Resale · Ready
15/04/2018Icon 13 beds · Apartment1,582 sq ft⃃ 1,300,000Resale · Ready
29/04/2018Icon 23 beds · Apartment1,556 sq ft⃃ 1,200,000Resale · Ready
20/06/2018Icon 22 beds · Apartment1,271 sq ft⃃ 1,100,000Resale · Ready
12/09/2018Icon 12 beds · Apartment1,448 sq ft⃃ 1,100,000Resale · Ready
08/08/2018Icon 1Studio · Apartment437 sq ft⃃ 1,010,000Resale · Ready
09/08/2018Icon 2Studio · Apartment417 sq ft⃃ 1,010,000Resale · Ready
13/06/2018Icon 11 bed · Apartment1,174 sq ft⃃ 980,000Resale · Ready
30/04/2018Icon 22 beds · Apartment938 sq ft⃃ 975,000Resale · Ready
18/06/2018Icon 22 beds · Apartment1,548 sq ft⃃ 975,000Resale · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
17/12/2018Icon 12 beds · Apartment970 sq ft⃃ 700,000Resale · Ready
12/12/2018Icon 21 bed · Apartment1,157 sq ft⃃ 700,000Resale · Ready
29/11/2018Icon 12 beds · Apartment1,182 sq ft⃃ 900,000Resale · Ready
21/11/2018Icon 12 beds · Apartment970 sq ft⃃ 169,664Resale · Ready
05/11/2018Icon 21 bed · Apartment746 sq ft⃃ 660,000Resale · Ready
28/10/2018Icon 12 beds · Apartment970 sq ft⃃ 720,000Resale · Ready
25/10/2018Icon 22 beds · Apartment1,176 sq ft⃃ 700,000Resale · Ready
18/10/2018Icon 11 bed · Apartment749 sq ft⃃ 680,000Resale · Ready
18/10/2018Icon 21 bed · Apartment692 sq ft⃃ 700,000Resale · Ready
01/10/2018Icon 11 bed · Apartment743 sq ft⃃ 695,000Resale · 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/icon-tower-jlt/2018
Icon Tower JLT Property Transactions 2018. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/icon-tower-jlt/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 Icon Tower JLT in 2018?
38 property sales worth ⃃ 33,421,664 were registered in Icon Tower JLT in 2018. That is 2.7% higher than 2017.
What was the median property price in Icon Tower JLT in 2018?
The median sale price was ⃃ 786,000 and the median price per square foot ⃃ 876 (1 Jan – 31 Dec 2018).

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