Project · Transactions · 2018

Old Town Island Property Transactions 2018

13 property sales worth ⃃ 31.06M were registered in Old Town Island in 2018, 35.0% lower than 2017 by number of sales. The median sale price was ⃃ 2,500,000 and the median price per square foot ⃃ 1,473 (−17.2% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 13 salesUpdated: 13 Nov 2026
Property sales
13
−35.0% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 31.06M
−55.4% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 2,500,000
−18.7% vs 2017
13 sales
Median price per sq ft
⃃ 1,473
−17.2% vs 2017
13 sales

What types of property sold in Old Town Island in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments13100%⃃ 31.06M⃃ 2,500,000⃃ 1,473

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)17.7%⃃ 2.16M⃃ 2,156,888⃃ 1,450
Resale (secondary)1292.3%⃃ 28.9M⃃ 2,500,000⃃ 1,475
Ready13100%⃃ 31.06M⃃ 2,500,000⃃ 1,473

How many rental contracts were registered in Old Town Island in 2018?

187 rental contracts (new and renewed) were registered in Old Town Island in 2018, at a median annual rent of ⃃ 145,000 (−12.1% on 2017). Rental yields in Old Town Island

What were the most expensive property sales in Old Town Island in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/05/2018Altajer2 beds · Apartment2,732 sq ft⃃ 4,000,000Resale · Ready
03/07/2018Attareen2 beds · Apartment2,057 sq ft⃃ 3,450,000Resale · Ready
01/05/2018Attareen2 beds · Apartment1,704 sq ft⃃ 3,250,000Resale · Ready
02/05/2018Altajer2 beds · Apartment1,876 sq ft⃃ 2,970,000Resale · Ready
30/04/2018Altajer2 beds · Apartment1,448 sq ft⃃ 2,500,000Resale · Ready
27/06/2018Altajer2 beds · Apartment1,876 sq ft⃃ 2,500,000Resale · Ready
29/11/2018Attareen2 beds · Apartment1,693 sq ft⃃ 2,500,000Resale · Ready
12/08/2018Altajer2 beds · Apartment1,487 sq ft⃃ 2,156,888Primary · Ready
20/03/2018Altajer1 bed · Apartment1,154 sq ft⃃ 1,700,000Resale · Ready
22/03/2018Attareen1 bed · Apartment990 sq ft⃃ 1,690,000Resale · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
29/11/2018Attareen2 beds · Apartment1,693 sq ft⃃ 2,500,000Resale · Ready
25/11/2018Altajer1 bed · Apartment939 sq ft⃃ 1,298,000Resale · Ready
07/11/2018Altajer1 bed · Apartment1,100 sq ft⃃ 1,445,000Resale · Ready
12/08/2018Altajer2 beds · Apartment1,487 sq ft⃃ 2,156,888Primary · Ready
02/08/2018Altajer1 bed · Apartment1,412 sq ft⃃ 1,600,000Resale · Ready
03/07/2018Attareen2 beds · Apartment2,057 sq ft⃃ 3,450,000Resale · Ready
27/06/2018Altajer2 beds · Apartment1,876 sq ft⃃ 2,500,000Resale · Ready
08/05/2018Altajer2 beds · Apartment2,732 sq ft⃃ 4,000,000Resale · Ready
02/05/2018Altajer2 beds · Apartment1,876 sq ft⃃ 2,970,000Resale · Ready
01/05/2018Attareen2 beds · Apartment1,704 sq ft⃃ 3,250,000Resale · 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/old-town-island/2018
Old Town Island Property Transactions 2018. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/old-town-island/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 Old Town Island in 2018?
13 property sales worth ⃃ 31,059,888 were registered in Old Town Island in 2018. That is 35.0% lower than 2017.
What was the median property price in Old Town Island in 2018?
The median sale price was ⃃ 2,500,000 and the median price per square foot ⃃ 1,473 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Old Town Island were off-plan or from developers?
Developer (primary) sales were 7.7% of the 13 sales and resales 92.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/old-town-island/2018