Master Project · Transactions · 2019

Old Town Property Transactions 2019

79 property sales worth ⃃ 127.17M were registered in Old Town in 2019, 21.5% higher than 2018 by number of sales. The median sale price was ⃃ 1,430,000 and the median price per square foot ⃃ 1,235 (−20.7% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 79 salesUpdated: 12 Nov 2026
Property sales
79
+21.5% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 127.17M
−2.1% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 1,430,000
−16.9% vs 2018
79 sales
Median price per sq ft
⃃ 1,235
−20.7% vs 2018
79 sales

What types of property sold in Old Town in 2019?

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments79100%⃃ 127.17M⃃ 1,430,000⃃ 1,235

How were 2019 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)33.8%⃃ 8.22M⃃ 2,950,000⃃ 1,828
Resale (secondary)7696.2%⃃ 118.95M⃃ 1,400,000⃃ 1,234
Ready79100%⃃ 127.17M⃃ 1,430,000⃃ 1,235

How many rental contracts were registered in Old Town in 2019?

813 rental contracts (new and renewed) were registered in Old Town in 2019, at a median annual rent of ⃃ 108,000 (−10.0% on 2018). Rental yields in Old Town

What were the most expensive property sales in Old Town in 2019?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2019?

DatePropertyTypeSizePriceMarket
16/12/2019Reehan 12 beds · Apartment1,221 sq ft⃃ 1,500,000Resale · Ready
15/12/2019Reehan 51 bed · Apartment976 sq ft⃃ 956,564Resale · Ready
12/12/2019Kamoon 11 bed · Apartment914 sq ft⃃ 887,404Resale · Ready
10/12/2019Kamoon 21 bed · Apartment901 sq ft⃃ 1,330,000Resale · Ready
08/12/2019Kamoon 41 bed · Apartment1,225 sq ft⃃ 1,350,000Resale · Ready
08/12/2019Zaafaran 42 beds · Apartment1,848 sq ft⃃ 1,825,000Resale · Ready
27/11/2019Miska 22 beds · Apartment1,417 sq ft⃃ 1,450,000Resale · Ready
27/11/2019Yansoon 41 bed · Apartment782 sq ft⃃ 874,107Resale · Ready
21/11/2019Zaafaran 32 beds · Apartment1,244 sq ft⃃ 1,400,000Resale · Ready
19/11/2019Zanzebeel 21 bed · Apartment2,486 sq ft⃃ 1,175,000Resale · 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 2019 with the whole of 2018.
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/2019
Old Town Property Transactions 2019. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/old-town/2019

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 in 2019?
79 property sales worth ⃃ 127,167,662 were registered in Old Town in 2019. That is 21.5% higher than 2018.
What was the median property price in Old Town in 2019?
The median sale price was ⃃ 1,430,000 and the median price per square foot ⃃ 1,235 (1 Jan – 31 Dec 2019).
What share of 2019 sales in Old Town were off-plan or from developers?
Developer (primary) sales were 3.8% of the 79 sales and resales 96.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/old-town/2019