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Master Project · Transactions · 2022

Old Town Property Transactions 2022

154 property sales worth ⃃ 307.9M were registered in Old Town in 2022, 36.3% higher than 2021 by number of sales. The median sale price was ⃃ 1,714,346 and the median price per square foot ⃃ 1,553 (+13.1% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 154 salesUpdated: 14 Nov 2026
Property sales
154
+36.3% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 307.9M
+55.2% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 1,714,346
+7.1% vs 2021
154 sales
Median price per sq ft
⃃ 1,553
+13.1% vs 2021
154 sales

What types of property sold in Old Town in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments154100%⃃ 307.9M⃃ 1,714,346⃃ 1,553

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
Primary (developer sales)21.3%⃃ 3.95M⃃ 1,973,944⃃ 1,663
Resale (secondary)15298.7%⃃ 303.96M⃃ 1,714,346⃃ 1,553
Ready154100%⃃ 307.9M⃃ 1,714,346⃃ 1,553

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

824 rental contracts (new and renewed) were registered in Old Town in 2022, at a median annual rent of ⃃ 100,000 (+11.1% on 2021). Rental yields in Old Town

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/11/2022Miska 14 beds · Apartment3,134 sq ft⃃ 7,206,888Resale · Ready
14/04/2022Zanzebeel 44 beds · Apartment3,182 sq ft⃃ 7,050,000Resale · Ready
04/07/2022Zaafaran 13 beds · Apartment2,155 sq ft⃃ 6,100,000Resale · Ready
21/12/2022Zanzebeel 44 beds · Apartment3,106 sq ft⃃ 5,000,000Resale · Ready
28/01/2022Zanzebeel 43 beds · Apartment3,856 sq ft⃃ 4,750,000Resale · Ready
01/07/2022Kamoon 43 beds · Apartment3,713 sq ft⃃ 4,700,000Resale · Ready
13/05/2022Yansoon 52 beds · Apartment1,318 sq ft⃃ 4,600,000Resale · Ready
17/05/2022Yansoon 52 beds · Apartment1,481 sq ft⃃ 4,600,000Resale · Ready
15/08/2022Miska 13 beds · Apartment1,966 sq ft⃃ 4,000,000Resale · Ready
04/07/2022Yansoon 63 beds · Apartment2,139 sq ft⃃ 3,500,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
29/12/2022Zanzebeel 42 beds · Apartment1,427 sq ft⃃ 1,135,817Resale · Ready
28/12/2022Kamoon 11 bed · Apartment791 sq ft⃃ 1,250,000Resale · Ready
27/12/2022Zaafaran 41 bed · Apartment864 sq ft⃃ 1,550,000Resale · Ready
26/12/2022Yansoon 22 beds · Apartment1,405 sq ft⃃ 3,200,000Resale · Ready
23/12/2022Yansoon 62 beds · Apartment1,394 sq ft⃃ 2,500,000Resale · Ready
21/12/2022Zanzebeel 44 beds · Apartment3,106 sq ft⃃ 5,000,000Resale · Ready
20/12/2022Miska 32 beds · Apartment2,372 sq ft⃃ 2,600,000Resale · Ready
16/12/2022Yansoon 51 bed · Apartment807 sq ft⃃ 1,200,000Resale · Ready
16/12/2022Reehan 22 beds · Apartment2,548 sq ft⃃ 2,950,000Resale · Ready
15/12/2022Reehan 21 bed · Apartment1,309 sq ft⃃ 2,000,000Resale · 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/2022
Old Town Property Transactions 2022. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/old-town/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 in 2022?
154 property sales worth ⃃ 307,904,111 were registered in Old Town in 2022. That is 36.3% higher than 2021.
What was the median property price in Old Town in 2022?
The median sale price was ⃃ 1,714,346 and the median price per square foot ⃃ 1,553 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Old Town were off-plan or from developers?
Developer (primary) sales were 1.3% of the 154 sales and resales 98.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/old-town/2022