Project · Transactions · 2017

Park Lane Tower Property Transactions 2017

133 property sales worth ⃃ 73.8M were registered in Park Lane Tower in 2017, 84.7% higher than 2016 by number of sales. The median sale price was ⃃ 429,827 and the median price per square foot ⃃ 872 (−56.8% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 133 salesUpdated: 13 Nov 2026
Property sales
133
+84.7% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 73.8M
+47.5% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 429,827
−40.6% vs 2016
133 sales
Median price per sq ft
⃃ 872
−56.8% vs 2016
133 sales

What types of property sold in Park Lane Tower in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3727.8%⃃ 15.69M⃃ 348,270⃃ 751
Commercial9672.2%⃃ 58.12M⃃ 497,057⃃ 890

How were 2017 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)10780.5%⃃ 60.97M⃃ 429,827⃃ 870
Resale (secondary)2619.5%⃃ 12.83M⃃ 447,636⃃ 934
Ready133100%⃃ 73.8M⃃ 429,827⃃ 872

How many rental contracts were registered in Park Lane Tower in 2017?

149 rental contracts (new and renewed) were registered in Park Lane Tower in 2017, at a median annual rent of ⃃ 65,000 (+30.0% on 2016). Rental yields in Park Lane Tower

What were the most expensive property sales in Park Lane Tower in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
23/10/2017Park Lane TowerCommercial8,842 sq ft⃃ 6,069,231Primary · Ready
08/05/2017Park Lane TowerStudio · Apartment746 sq ft⃃ 1,410,000Primary · Ready
17/01/2017Park Lane TowerCommercial1,025 sq ft⃃ 1,367,867Primary · Ready
17/01/2017Park Lane TowerCommercial1,024 sq ft⃃ 1,367,166Primary · Ready
27/03/2017Park Lane TowerCommercial1,048 sq ft⃃ 1,100,000Primary · Ready
27/02/2017Park Lane TowerCommercial828 sq ft⃃ 1,035,000Primary · Ready
07/08/2017Park Lane TowerStudio · Apartment521 sq ft⃃ 1,010,000Primary · Ready
21/12/2017Park Lane TowerCommercial1,032 sq ft⃃ 1,000,000Primary · Ready
23/10/2017Park Lane TowerCommercial1,393 sq ft⃃ 981,246Primary · Ready
17/01/2017Park Lane TowerCommercial1,052 sq ft⃃ 979,239Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
27/12/2017Park Lane TowerCommercial393 sq ft⃃ 400,000Resale · Ready
26/12/2017Park Lane TowerCommercial589 sq ft⃃ 475,000Resale · Ready
24/12/2017Park Lane TowerCommercial432 sq ft⃃ 600,000Resale · Ready
24/12/2017Park Lane TowerCommercial447 sq ft⃃ 600,000Resale · Ready
24/12/2017Park Lane TowerCommercial458 sq ft⃃ 600,000Resale · Ready
24/12/2017Park Lane TowerCommercial389 sq ft⃃ 600,000Resale · Ready
21/12/2017Park Lane TowerCommercial1,032 sq ft⃃ 1,000,000Primary · Ready
19/12/2017Park Lane TowerCommercial515 sq ft⃃ 425,271Resale · Ready
19/12/2017Park Lane TowerCommercial356 sq ft⃃ 370,000Primary · Ready
19/12/2017Park Lane TowerCommercial492 sq ft⃃ 406,181Resale · 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 2017 with the whole of 2016.
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/park-lane-xxx/2017
Park Lane Tower Property Transactions 2017. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/park-lane-xxx/2017

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 Park Lane Tower in 2017?
133 property sales worth ⃃ 73,802,096 were registered in Park Lane Tower in 2017. That is 84.7% higher than 2016.
What was the median property price in Park Lane Tower in 2017?
The median sale price was ⃃ 429,827 and the median price per square foot ⃃ 872 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Park Lane Tower were off-plan or from developers?
Developer (primary) sales were 80.5% of the 133 sales and resales 19.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/park-lane-xxx/2017