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Building · Transactions · 2022

Palace Beach Residence Tower 1 Property Transactions 2022

31 property sales worth ⃃ 78.66M were registered in Palace Beach Residence Tower 1 in 2022, 84.8% lower than 2021 by number of sales. The median sale price was ⃃ 2,074,763 and the median price per square foot ⃃ 2,609 (+5.5% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 31 salesUpdated: 15 Nov 2026
Property sales
31
−84.8% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 78.66M
−86.3% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 2,074,763
+1.6% vs 2021
31 sales
Median price per sq ft
⃃ 2,609
+5.5% vs 2021
31 sales

What types of property sold in Palace Beach Residence Tower 1 in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments31100%⃃ 78.66M⃃ 2,074,763⃃ 2,609

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)1754.8%⃃ 45.36M⃃ 2,036,888⃃ 2,430
Resale (secondary)1445.2%⃃ 33.31M⃃ 2,145,000⃃ 2,813
Off-plan31100%⃃ 78.66M⃃ 2,074,763⃃ 2,609

What were the most expensive property sales in Palace Beach Residence Tower 1 in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/03/2022Palace Beach Residence Tower 13 beds · Apartment1,916 sq ft⃃ 5,448,888Primary · Off-plan
18/01/2022Palace Beach Residence Tower 13 beds · Apartment1,918 sq ft⃃ 4,985,341Primary · Off-plan
16/11/2022Palace Beach Residence Tower 12 beds · Apartment1,201 sq ft⃃ 4,200,000Resale · Off-plan
08/04/2022Palace Beach Residence Tower 12 beds · Apartment1,337 sq ft⃃ 3,936,888Primary · Off-plan
06/07/2022Palace Beach Residence Tower 12 beds · Apartment1,200 sq ft⃃ 3,725,000Resale · Off-plan
30/03/2022Palace Beach Residence Tower 12 beds · Apartment1,201 sq ft⃃ 3,608,888Primary · Off-plan
19/01/2022Palace Beach Residence Tower 12 beds · Apartment1,337 sq ft⃃ 3,477,529Primary · Off-plan
18/01/2022Palace Beach Residence Tower 12 beds · Apartment1,201 sq ft⃃ 3,367,837Primary · Off-plan
22/08/2022Palace Beach Residence Tower 11 bed · Apartment853 sq ft⃃ 2,400,000Resale · Off-plan
14/10/2022Palace Beach Residence Tower 11 bed · Apartment851 sq ft⃃ 2,352,888Resale · Off-plan

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
28/12/2022Palace Beach Residence Tower 11 bed · Apartment726 sq ft⃃ 2,050,000Resale · Off-plan
26/12/2022Palace Beach Residence Tower 11 bed · Apartment852 sq ft⃃ 1,800,000Resale · Off-plan
20/12/2022Palace Beach Residence Tower 11 bed · Apartment726 sq ft⃃ 2,200,000Resale · Off-plan
12/12/2022Palace Beach Residence Tower 11 bed · Apartment726 sq ft⃃ 2,100,000Resale · Off-plan
09/12/2022Palace Beach Residence Tower 11 bed · Apartment857 sq ft⃃ 2,300,000Resale · Off-plan
30/11/2022Palace Beach Residence Tower 11 bed · Apartment853 sq ft⃃ 2,190,000Resale · Off-plan
17/11/2022Palace Beach Residence Tower 11 bed · Apartment726 sq ft⃃ 2,100,000Resale · Off-plan
16/11/2022Palace Beach Residence Tower 12 beds · Apartment1,201 sq ft⃃ 4,200,000Resale · Off-plan
04/11/2022Palace Beach Residence Tower 11 bed · Apartment726 sq ft⃃ 1,815,888Primary · Off-plan
28/10/2022Palace Beach Residence Tower 11 bed · Apartment729 sq ft⃃ 1,850,000Resale · Off-plan

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/palace-beach-residence-tower-1/2022
Palace Beach Residence Tower 1 Property Transactions 2022. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/palace-beach-residence-tower-1/2022

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 Palace Beach Residence Tower 1 in 2022?
31 property sales worth ⃃ 78,664,964 were registered in Palace Beach Residence Tower 1 in 2022. That is 84.8% lower than 2021.
What was the median property price in Palace Beach Residence Tower 1 in 2022?
The median sale price was ⃃ 2,074,763 and the median price per square foot ⃃ 2,609 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Palace Beach Residence Tower 1 were off-plan or from developers?
Developer (primary) sales were 54.8% of the 31 sales and resales 45.2%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/palace-beach-residence-tower-1/2022