Skip to content

Project · Transactions · 2012

Palace Tower Property Transactions 2012

158 property sales worth ⃃ 69.7M were registered in Palace Tower in 2012, with no comparable figure for 2011 by number of sales. The median sale price was ⃃ 352,758 and the median price per square foot ⃃ 587.

Period: 1 Jan – 31 Dec 2012Compared with: 2011Sample: 158 salesUpdated: 14 Nov 2026
Property sales
158
1 Jan – 31 Dec 2012
Total value
⃃ 69.7M
1 Jan – 31 Dec 2012
Median sale price
⃃ 352,758
158 sales
Median price per sq ft
⃃ 587
158 sales

What types of property sold in Palace Tower in 2012?

1 Jan – 31 Dec 2012

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments13786.7%⃃ 50.03M⃃ 310,000⃃ 603
Commercial2113.3%⃃ 19.67M⃃ 732,600⃃ 550

How were 2012 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)2113.3%⃃ 10.01M⃃ 491,547⃃ 644
Resale (secondary)13786.7%⃃ 59.69M⃃ 337,861⃃ 577
Ready158100%⃃ 69.7M⃃ 352,758⃃ 587

What were the most expensive property sales in Palace Tower in 2012?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/07/2012Palace Towers T1Commercial2,205 sq ft⃃ 2,273,585Resale · Ready
19/03/2012Palace Towers T1Commercial2,027 sq ft⃃ 1,994,271Resale · Ready
26/07/2012Palace Towers T1Commercial1,648 sq ft⃃ 1,708,552Resale · Ready
26/07/2012Palace Towers T1Commercial1,648 sq ft⃃ 1,708,552Resale · Ready
24/06/2012Palace Towers T1Commercial2,027 sq ft⃃ 1,591,752Resale · Ready
16/02/2012Palace Towers T1Commercial1,568 sq ft⃃ 1,473,982Resale · Ready
02/05/2012Palace Towers T3Commercial2,101 sq ft⃃ 1,156,100Primary · Ready
07/06/2012Palace Tower T22 beds · Apartment1,023 sq ft⃃ 1,026,495Resale · Ready
29/05/2012Palace Tower T22 beds · Apartment947 sq ft⃃ 957,171Resale · Ready
26/07/2012Palace Tower T22 beds · Apartment958 sq ft⃃ 957,171Resale · Ready

What were the last registered sales of 2012?

DatePropertyTypeSizePriceMarket
30/12/2012Palace Tower T21 bed · Apartment786 sq ft⃃ 425,000Resale · Ready
29/12/2012Palace Tower T21 bed · Apartment826 sq ft⃃ 669,900Resale · Ready
29/12/2012Palace Tower T2Studio · Apartment344 sq ft⃃ 318,000Resale · Ready
27/12/2012Palace Tower T21 bed · Apartment472 sq ft⃃ 487,216Resale · Ready
25/12/2012Palace Tower T2Studio · Apartment344 sq ft⃃ 150,000Resale · Ready
23/12/2012Palace Tower T22 beds · Apartment431 sq ft⃃ 270,000Resale · Ready
16/12/2012Palace Tower T22 beds · Apartment514 sq ft⃃ 300,000Resale · Ready
13/12/2012Palace Tower T21 bed · Apartment470 sq ft⃃ 310,000Resale · Ready
12/12/2012Palace Towers T1Commercial2,205 sq ft⃃ 771,500Resale · Ready
12/12/2012Palace Towers T1Commercial1,648 sq ft⃃ 576,763Resale · 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 2012 with the whole of 2011.
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-tower/2012
Palace Tower Property Transactions 2012. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/palace-tower/2012

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 Tower in 2012?
158 property sales worth ⃃ 69,703,251 were registered in Palace Tower in 2012. That is with no comparable figure for 2011.
What was the median property price in Palace Tower in 2012?
The median sale price was ⃃ 352,758 and the median price per square foot ⃃ 587 (1 Jan – 31 Dec 2012).
What share of 2012 sales in Palace Tower were off-plan or from developers?
Developer (primary) sales were 13.3% of the 158 sales and resales 86.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/palace-tower/2012