Project · Transactions · 2020

Park Lane Tower Property Transactions 2020

13 property sales worth ⃃ 4.48M were registered in Park Lane Tower in 2020, 75.5% lower than 2019 by number of sales. The median sale price was ⃃ 359,559 and the median price per square foot ⃃ 705 (−6.1% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 13 salesUpdated: 13 Nov 2026
Property sales
13
−75.5% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 4.48M
−83.6% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 359,559
+2.7% vs 2019
13 sales
Median price per sq ft
⃃ 705
−6.1% vs 2019
13 sales

What types of property sold in Park Lane Tower in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial13100%⃃ 4.48M⃃ 359,559⃃ 705

How were 2020 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)323.1%⃃ 997K⃃ 350,000⃃ 636
Resale (secondary)1076.9%⃃ 3.48M⃃ 363,589⃃ 724

How many rental contracts were registered in Park Lane Tower in 2020?

145 rental contracts (new and renewed) were registered in Park Lane Tower in 2020, at a median annual rent of ⃃ 35,000 (−12.5% on 2019). Rental yields in Park Lane Tower

What were the most expensive property sales in Park Lane Tower in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
12/10/2020Park Lane TowerCommercial735 sq ft⃃ 550,000Resale · Ready
02/03/2020Park Lane TowerCommercial642 sq ft⃃ 400,000Resale · Ready
01/09/2020Park Lane TowerCommercial567 sq ft⃃ 400,000Resale · Ready
23/01/2020Park Lane TowerCommercial475 sq ft⃃ 390,000Resale · Ready
23/03/2020Park Lane TowerCommercial708 sq ft⃃ 376,952Primary · Ready
13/12/2020Park Lane TowerCommercial1,050 sq ft⃃ 367,619Resale · Ready
13/12/2020Park Lane TowerCommercial1,027 sq ft⃃ 359,559Resale · Ready
03/09/2020Park Lane TowerCommercial550 sq ft⃃ 350,000Primary · Ready
14/05/2020Park Lane TowerCommercial368 sq ft⃃ 330,000Resale · Ready
16/09/2020Park Lane TowerCommercial364 sq ft⃃ 270,000Resale · Ready

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
13/12/2020Park Lane TowerCommercial1,027 sq ft⃃ 359,559Resale · Ready
13/12/2020Park Lane TowerCommercial1,050 sq ft⃃ 367,619Resale · Ready
12/10/2020Park Lane TowerCommercial735 sq ft⃃ 550,000Resale · Ready
08/10/2020Park Lane TowerCommercial380 sq ft⃃ 270,000Primary · Ready
16/09/2020Park Lane TowerCommercial364 sq ft⃃ 270,000Resale · Ready
03/09/2020Park Lane TowerCommercial550 sq ft⃃ 350,000Primary · Ready
01/09/2020Park Lane TowerCommercial567 sq ft⃃ 400,000Resale · Ready
22/07/2020Park Lane TowerCommercial256 sq ft⃃ 190,000Resale · Ready
14/05/2020Park Lane TowerCommercial368 sq ft⃃ 330,000Resale · Ready
30/04/2020Park Lane TowerCommercial364 sq ft⃃ 225,000Resale · 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 2020 with the whole of 2019.
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/2020
Park Lane Tower Property Transactions 2020. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/park-lane-xxx/2020

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 2020?
13 property sales worth ⃃ 4,479,130 were registered in Park Lane Tower in 2020. That is 75.5% lower than 2019.
What was the median property price in Park Lane Tower in 2020?
The median sale price was ⃃ 359,559 and the median price per square foot ⃃ 705 (1 Jan – 31 Dec 2020).
What share of 2020 sales in Park Lane Tower were off-plan or from developers?
Developer (primary) sales were 23.1% of the 13 sales and resales 76.9%. 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/2020