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Master Project · Transactions · 2024

Old Town Property Transactions 2024

173 property sales worth ⃃ 448.27M were registered in Old Town in 2024, 0.6% lower than 2023 by number of sales. The median sale price was ⃃ 2,475,000 and the median price per square foot ⃃ 2,009 (+14.7% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 173 salesUpdated: 14 Nov 2026
Property sales
173
−0.6% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 448.27M
+14.4% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 2,475,000
+21.6% vs 2023
173 sales
Median price per sq ft
⃃ 2,009
+14.7% vs 2023
173 sales

What types of property sold in Old Town in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments17098.3%⃃ 419.27M⃃ 2,425,000⃃ 2,001

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)10.6%⃃ 2.52M⃃ 2,520,000⃃ 1,690
Resale (secondary)17299.4%⃃ 445.75M⃃ 2,462,500⃃ 2,012
Ready173100%⃃ 448.27M⃃ 2,475,000⃃ 2,009

How many rental contracts were registered in Old Town in 2024?

814 rental contracts (new and renewed) were registered in Old Town in 2024, at a median annual rent of ⃃ 127,000 (+10.0% on 2023). Rental yields in Old Town

What were the most expensive property sales in Old Town in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
30/05/2024Yansoon 9Commercial3,419 sq ft⃃ 11,000,000Resale · Ready
20/05/2024Yansoon 9Commercial3,419 sq ft⃃ 9,000,456Resale · Ready
13/08/2024Yansoon 9Commercial3,419 sq ft⃃ 9,000,000Resale · Ready
31/05/2024Reehan 22 beds · Apartment2,970 sq ft⃃ 5,700,000Resale · Ready
29/05/2024Kamoon 23 beds · Apartment3,124 sq ft⃃ 5,550,000Resale · Ready
10/05/2024Yansoon 83 beds · Apartment1,766 sq ft⃃ 5,325,000Resale · Ready
01/04/2024Yansoon 63 beds · Apartment2,139 sq ft⃃ 4,900,000Resale · Ready
19/08/2024Kamoon 23 beds · Apartment1,967 sq ft⃃ 4,300,000Resale · Ready
11/11/2024Miska 32 beds · Apartment2,638 sq ft⃃ 4,150,000Resale · Ready
26/08/2024Yansoon 83 beds · Apartment1,764 sq ft⃃ 4,100,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
26/12/2024Miska 41 bed · Apartment882 sq ft⃃ 2,100,000Resale · Ready
23/12/2024Zanzebeel 42 beds · Apartment1,427 sq ft⃃ 2,900,000Resale · Ready
23/12/2024Reehan 72 beds · Apartment1,405 sq ft⃃ 3,600,000Resale · Ready
23/12/2024Zanzebeel 22 beds · Apartment1,848 sq ft⃃ 2,500,000Resale · Ready
23/12/2024Zanzebeel 41 bed · Apartment891 sq ft⃃ 1,939,000Resale · Ready
19/12/2024Reehan 52 beds · Apartment1,448 sq ft⃃ 3,400,000Resale · Ready
19/12/2024Reehan 62 beds · Apartment1,281 sq ft⃃ 2,650,000Resale · Ready
17/12/2024Reehan 11 bed · Apartment826 sq ft⃃ 23,844Resale · Ready
17/12/2024Miska 21 bed · Apartment880 sq ft⃃ 1,950,000Resale · Ready
17/12/2024Yansoon 62 beds · Apartment1,394 sq ft⃃ 2,800,000Resale · 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 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/old-town/2024
Old Town Property Transactions 2024. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/old-town/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 Old Town in 2024?
173 property sales worth ⃃ 448,268,918 were registered in Old Town in 2024. That is 0.6% lower than 2023.
What was the median property price in Old Town in 2024?
The median sale price was ⃃ 2,475,000 and the median price per square foot ⃃ 2,009 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Old Town were off-plan or from developers?
Developer (primary) sales were 0.6% of the 173 sales and resales 99.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/old-town/2024