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Building · Transactions · 2019

Park Terrace Property Transactions 2019

5 property sales worth ⃃ 2.92M were registered in Park Terrace in 2019, 66.7% higher than 2018 by number of sales. The median sale price was ⃃ 480,000 and the median price per square foot ⃃ 597 (−8.3% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 5 salesUpdated: 14 Nov 2026
Property sales
5
+66.7% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 2.92M
+65.6% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 480,000
−18.6% vs 2018
5 sales
Median price per sq ft
⃃ 597
−8.3% vs 2018
5 sales

What types of property sold in Park Terrace in 2019?

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5100%⃃ 2.92M⃃ 480,000⃃ 597

How were 2019 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)120%⃃ 450K⃃ 450,000⃃ 497
Resale (secondary)480%⃃ 2.46M⃃ 540,000⃃ 613
Ready5100%⃃ 2.92M⃃ 480,000⃃ 597

How many rental contracts were registered in Park Terrace in 2019?

55 rental contracts (new and renewed) were registered in Park Terrace in 2019, at a median annual rent of ⃃ 48,000 (−12.7% on 2018). Rental yields in Park Terrace

What were the most expensive property sales in Park Terrace in 2019?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
21/01/2019Park Terrace2 beds · Apartment1,456 sq ft⃃ 915,000Resale · Ready
20/02/2019Park Terrace1 bed · Apartment804 sq ft⃃ 600,000Resale · Ready
26/12/2019Park Terrace1 bed · Apartment804 sq ft⃃ 480,000Resale · Ready
07/05/2019Park Terrace1 bed · Apartment804 sq ft⃃ 470,000Resale · Ready
30/04/2019Park Terrace1 bed · Apartment906 sq ft⃃ 450,000Primary · Ready

What were the last registered sales of 2019?

DatePropertyTypeSizePriceMarket
26/12/2019Park Terrace1 bed · Apartment804 sq ft⃃ 480,000Resale · Ready
07/05/2019Park Terrace1 bed · Apartment804 sq ft⃃ 470,000Resale · Ready
30/04/2019Park Terrace1 bed · Apartment906 sq ft⃃ 450,000Primary · Ready
20/02/2019Park Terrace1 bed · Apartment804 sq ft⃃ 600,000Resale · Ready
21/01/2019Park Terrace2 beds · Apartment1,456 sq ft⃃ 915,000Resale · 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 2019 with the whole of 2018.
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-terrace/2019
Park Terrace Property Transactions 2019. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/park-terrace/2019

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 Terrace in 2019?
5 property sales worth ⃃ 2,915,000 were registered in Park Terrace in 2019. That is 66.7% higher than 2018.
What was the median property price in Park Terrace in 2019?
The median sale price was ⃃ 480,000 and the median price per square foot ⃃ 597 (1 Jan – 31 Dec 2019).
What share of 2019 sales in Park Terrace were off-plan or from developers?
Developer (primary) sales were 20% of the 5 sales and resales 80%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/park-terrace/2019