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Project · Transactions · 2018

It Plaza Property Transactions 2018

6 property sales worth ⃃ 3.81M were registered in It Plaza in 2018, 53.8% lower than 2017 by number of sales. The median sale price was ⃃ 495,000 and the median price per square foot ⃃ 563 (−14.4% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 6 salesUpdated: 14 Nov 2026
Property sales
6
−53.8% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 3.81M
−62.8% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 495,000
−45.0% vs 2017
6 sales
Median price per sq ft
⃃ 563
−14.4% vs 2017
6 sales

What types of property sold in It Plaza in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial6100%⃃ 3.81M⃃ 495,000⃃ 563

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)116.7%⃃ 428K⃃ 427,500⃃ 473
Resale (secondary)583.3%⃃ 3.39M⃃ 520,000⃃ 575
Ready6100%⃃ 3.81M⃃ 495,000⃃ 563

How many rental contracts were registered in It Plaza in 2018?

166 rental contracts (new and renewed) were registered in It Plaza in 2018, at a median annual rent of ⃃ 45,627 (+0.9% on 2017). Rental yields in It Plaza

What were the most expensive property sales in It Plaza in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/09/2018It PlazaCommercial2,556 sq ft⃃ 1,405,800Resale · Ready
04/12/2018It PlazaCommercial904 sq ft⃃ 550,000Resale · Ready
06/09/2018It PlazaCommercial904 sq ft⃃ 520,000Resale · Ready
09/01/2018It PlazaCommercial904 sq ft⃃ 470,000Resale · Ready
15/08/2018It PlazaCommercial629 sq ft⃃ 440,000Resale · Ready
17/04/2018It PlazaCommercial904 sq ft⃃ 427,500Primary · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
04/12/2018It PlazaCommercial904 sq ft⃃ 550,000Resale · Ready
17/09/2018It PlazaCommercial2,556 sq ft⃃ 1,405,800Resale · Ready
06/09/2018It PlazaCommercial904 sq ft⃃ 520,000Resale · Ready
15/08/2018It PlazaCommercial629 sq ft⃃ 440,000Resale · Ready
17/04/2018It PlazaCommercial904 sq ft⃃ 427,500Primary · Ready
09/01/2018It PlazaCommercial904 sq ft⃃ 470,000Resale · 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/it-plaza/2018
It Plaza Property Transactions 2018. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/it-plaza/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 It Plaza in 2018?
6 property sales worth ⃃ 3,813,300 were registered in It Plaza in 2018. That is 53.8% lower than 2017.
What was the median property price in It Plaza in 2018?
The median sale price was ⃃ 495,000 and the median price per square foot ⃃ 563 (1 Jan – 31 Dec 2018).
What share of 2018 sales in It Plaza were off-plan or from developers?
Developer (primary) sales were 16.7% of the 6 sales and resales 83.3%. Primary/resale and off-plan/ready are different splits.

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