Project · Transactions · 2022

Old Town Island Property Transactions 2022

28 property sales worth ⃃ 72.1M were registered in Old Town Island in 2022, 33.3% higher than 2021 by number of sales. The median sale price was ⃃ 2,200,000 and the median price per square foot ⃃ 1,762 (+24.9% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 28 salesUpdated: 13 Nov 2026
Property sales
28
+33.3% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 72.1M
+17.9% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 2,200,000
−2.2% vs 2021
28 sales
Median price per sq ft
⃃ 1,762
+24.9% vs 2021
28 sales

What types of property sold in Old Town Island in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments28100%⃃ 72.1M⃃ 2,200,000⃃ 1,762

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
Resale (secondary)28100%⃃ 72.1M⃃ 2,200,000⃃ 1,762
Ready28100%⃃ 72.1M⃃ 2,200,000⃃ 1,762

How many rental contracts were registered in Old Town Island in 2022?

173 rental contracts (new and renewed) were registered in Old Town Island in 2022, at a median annual rent of ⃃ 125,000 (+13.6% on 2021). Rental yields in Old Town Island

What were the most expensive property sales in Old Town Island in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
10/11/2022Altajer2 beds · Apartment2,344 sq ft⃃ 4,800,000Resale · Ready
06/09/2022Attareen2 beds · Apartment3,700 sq ft⃃ 4,540,000Resale · Ready
11/03/2022Attareen2 beds · Apartment3,308 sq ft⃃ 4,500,000Resale · Ready
11/11/2022Altajer2 beds · Apartment2,652 sq ft⃃ 4,250,000Resale · Ready
28/11/2022Attareen2 beds · Apartment2,048 sq ft⃃ 4,200,000Resale · Ready
17/03/2022Altajer2 beds · Apartment1,685 sq ft⃃ 3,625,000Resale · Ready
04/11/2022Albahar2 beds · Apartment1,934 sq ft⃃ 3,400,000Resale · Ready
05/09/2022Albahar1 bed · Apartment1,063 sq ft⃃ 2,950,000Resale · Ready
30/11/2022Altajer2 beds · Apartment1,472 sq ft⃃ 2,950,000Resale · Ready
17/05/2022Altajer2 beds · Apartment1,458 sq ft⃃ 2,625,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
26/12/2022Altajer1 bed · Apartment1,177 sq ft⃃ 2,100,000Resale · Ready
23/12/2022Altajer1 bed · Apartment1,098 sq ft⃃ 1,900,000Resale · Ready
07/12/2022Altajer1 bed · Apartment1,010 sq ft⃃ 2,050,000Resale · Ready
30/11/2022Altajer2 beds · Apartment1,472 sq ft⃃ 2,950,000Resale · Ready
28/11/2022Attareen2 beds · Apartment2,048 sq ft⃃ 4,200,000Resale · Ready
27/11/2022Altajer1 bed · Apartment1,099 sq ft⃃ 2,100,000Resale · Ready
11/11/2022Altajer2 beds · Apartment2,652 sq ft⃃ 4,250,000Resale · Ready
10/11/2022Altajer2 beds · Apartment2,344 sq ft⃃ 4,800,000Resale · Ready
04/11/2022Albahar2 beds · Apartment1,934 sq ft⃃ 3,400,000Resale · Ready
03/11/2022Altajer1 bed · Apartment1,231 sq ft⃃ 2,200,000Resale · 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 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/old-town-island/2022
Old Town Island Property Transactions 2022. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/old-town-island/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 Old Town Island in 2022?
28 property sales worth ⃃ 72,100,000 were registered in Old Town Island in 2022. That is 33.3% higher than 2021.
What was the median property price in Old Town Island in 2022?
The median sale price was ⃃ 2,200,000 and the median price per square foot ⃃ 1,762 (1 Jan – 31 Dec 2022).

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/old-town-island/2022