Skip to content

Master Project · Transactions · 2024

Motor City Property Transactions 2024

2,228 property sales worth ⃃ 4B were registered in Motor City in 2024, 163.4% higher than 2023 by number of sales. The median sale price was ⃃ 1,108,338 and the median price per square foot ⃃ 1,840 (+133.6% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 2,228 salesUpdated: 15 Nov 2026
Property sales
2,228
+163.4% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 4B
+205.4% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,108,338
+34.4% vs 2023
2,228 sales
Median price per sq ft
⃃ 1,840
+133.6% vs 2023
2,228 sales

What types of property sold in Motor City in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2,09894.2%⃃ 2.4B⃃ 1,089,038⃃ 1,849
Villas30.1%⃃ 13.3M⃃ 4,300,000⃃ 728
Commercial683.1%⃃ 215.41M⃃ 2,934,047⃃ 950

How were 2024 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)1,40363%⃃ 2.5B⃃ 1,114,685⃃ 1,885
Resale (secondary)82537%⃃ 1.4B⃃ 1,045,644⃃ 755
Off-plan1,39962.8%⃃ 1.6B⃃ 1,100,048⃃ 1,885
Ready82937.2%⃃ 2.4B⃃ 1,151,770⃃ 750

How many rental contracts were registered in Motor City in 2024?

3,356 rental contracts (new and renewed) were registered in Motor City in 2024, at a median annual rent of ⃃ 70,000 (+7.7% on 2023). Rental yields in Motor City

What were the most expensive property sales in Motor City in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
22/07/2024Sobha SolisPlot513,923 sq ft⃃ 219,899,400Primary · Ready
27/06/202415 CascadePlot125,632 sq ft⃃ 110,728,548Resale · Ready
22/07/2024Motor CityPlot170,908 sq ft⃃ 93,921,450Primary · Ready
27/03/2024Motor CityPlot63,605 sq ft⃃ 86,219,185Primary · Ready
27/03/2024Motor CityPlot92,907 sq ft⃃ 84,703,980Primary · Ready
30/08/2024Velos ResidencePlot106,656 sq ft⃃ 84,000,000Primary · Ready
27/12/2024Motor CityPlot138,539 sq ft⃃ 81,200,000Resale · Ready
26/03/2024Sobha OrbisPlot381,695 sq ft⃃ 78,757,163Primary · Ready
27/03/2024Motor CityPlot56,322 sq ft⃃ 77,425,109Primary · Ready
27/03/2024Motor CityPlot56,214 sq ft⃃ 72,894,563Primary · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
31/12/2024Sobha Orbis Tower A1 bed · Apartment675 sq ft⃃ 1,258,483Primary · Off-plan
31/12/2024Sobha Orbis Tower E1 bed · Apartment639 sq ft⃃ 1,182,261Primary · Off-plan
31/12/2024Sobha Orbis Tower B1 bed · Apartment700 sq ft⃃ 1,243,033Primary · Off-plan
31/12/2024Sobha Orbis Tower A1 bed · Apartment546 sq ft⃃ 1,026,179Primary · Off-plan
31/12/2024Sobha Orbis Tower A1 bed · Apartment546 sq ft⃃ 1,007,075Primary · Off-plan
30/12/2024Sobha Orbis Tower E1 bed · Apartment702 sq ft⃃ 1,246,849Primary · Off-plan
30/12/2024Sobha Orbis Tower E1 bed · Apartment546 sq ft⃃ 1,055,988Primary · Off-plan
30/12/2024Sobha Orbis Tower E1 bed · Apartment635 sq ft⃃ 1,222,722Primary · Off-plan
30/12/2024Sobha Orbis Tower E1 bed · Apartment672 sq ft⃃ 1,257,563Primary · Off-plan
30/12/2024Sobha Orbis Tower E1 bed · Apartment545 sq ft⃃ 1,006,872Primary · 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 2024 with the whole of 2023.
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/motor-city/2024
Motor City Property Transactions 2024. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/motor-city/2024

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 Motor City in 2024?
2,228 property sales worth ⃃ 3,973,729,411 were registered in Motor City in 2024. That is 163.4% higher than 2023.
What was the median property price in Motor City in 2024?
The median sale price was ⃃ 1,108,338 and the median price per square foot ⃃ 1,840 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Motor City were off-plan or from developers?
Developer (primary) sales were 63% of the 2,228 sales and resales 37%. Off-plan units made up 62.8% and ready units 37.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/motor-city/2024