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Building · Transactions · 2015

Palace Towers T1 Property Transactions 2015

8 property sales worth ⃃ 7.51M were registered in Palace Towers T1 in 2015, 33.3% lower than 2014 by number of sales. The median sale price was ⃃ 900,000 and the median price per square foot ⃃ 451 (−21.2% on 2014).

Period: 1 Jan – 31 Dec 2015Compared with: 2014Sample: 8 salesUpdated: 15 Nov 2026
Property sales
8
−33.3% vs 2014
1 Jan – 31 Dec 2015
Total value
⃃ 7.51M
−54.1% vs 2014
1 Jan – 31 Dec 2015
Median sale price
⃃ 900,000
−25.6% vs 2014
8 sales
Median price per sq ft
⃃ 451
−21.2% vs 2014
8 sales

What types of property sold in Palace Towers T1 in 2015?

1 Jan – 31 Dec 2015

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial8100%⃃ 7.51M⃃ 900,000⃃ 451

How were 2015 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
Resale (secondary)8100%⃃ 7.51M⃃ 900,000⃃ 451
Ready8100%⃃ 7.51M⃃ 900,000⃃ 451

How many rental contracts were registered in Palace Towers T1 in 2015?

67 rental contracts (new and renewed) were registered in Palace Towers T1 in 2015, at a median annual rent of ⃃ 70,664. Rental yields in Palace Towers T1

What were the most expensive property sales in Palace Towers T1 in 2015?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/03/2015Palace Towers T1Commercial2,925 sq ft⃃ 1,754,994Resale · Ready
18/02/2015Palace Towers T1Commercial2,027 sq ft⃃ 1,035,000Resale · Ready
18/05/2015Palace Towers T1Commercial2,027 sq ft⃃ 930,000Resale · Ready
17/03/2015Palace Towers T1Commercial2,027 sq ft⃃ 900,000Resale · Ready
17/03/2015Palace Towers T1Commercial2,027 sq ft⃃ 900,000Resale · Ready
26/01/2015Palace Towers T1Commercial969 sq ft⃃ 871,632Resale · Ready
22/01/2015Palace Towers T1Commercial1,777 sq ft⃃ 670,000Resale · Ready
08/10/2015Palace Towers T1Commercial2,205 sq ft⃃ 450,000Resale · Ready

What were the last registered sales of 2015?

DatePropertyTypeSizePriceMarket
08/10/2015Palace Towers T1Commercial2,205 sq ft⃃ 450,000Resale · Ready
18/05/2015Palace Towers T1Commercial2,027 sq ft⃃ 930,000Resale · Ready
25/03/2015Palace Towers T1Commercial2,925 sq ft⃃ 1,754,994Resale · Ready
17/03/2015Palace Towers T1Commercial2,027 sq ft⃃ 900,000Resale · Ready
17/03/2015Palace Towers T1Commercial2,027 sq ft⃃ 900,000Resale · Ready
18/02/2015Palace Towers T1Commercial2,027 sq ft⃃ 1,035,000Resale · Ready
26/01/2015Palace Towers T1Commercial969 sq ft⃃ 871,632Resale · Ready
22/01/2015Palace Towers T1Commercial1,777 sq ft⃃ 670,000Resale · 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 2015 with the whole of 2014.
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-towers-t1/2015
Palace Towers T1 Property Transactions 2015. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/palace-towers-t1/2015

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 Towers T1 in 2015?
8 property sales worth ⃃ 7,511,626 were registered in Palace Towers T1 in 2015. That is 33.3% lower than 2014.
What was the median property price in Palace Towers T1 in 2015?
The median sale price was ⃃ 900,000 and the median price per square foot ⃃ 451 (1 Jan – 31 Dec 2015).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/palace-towers-t1/2015