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Project · Transactions · 2020

Reef Tower Property Transactions 2020

9 property sales worth ⃃ 17.06M were registered in Reef Tower in 2020, 125.0% higher than 2019 by number of sales. The median sale price was ⃃ 2,295,313 and the median price per square foot ⃃ 746 (+6.6% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 9 salesUpdated: 13 Nov 2026
Property sales
9
+125.0% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 17.06M
+118.7% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 2,295,313
+35.0% vs 2019
9 sales
Median price per sq ft
⃃ 746
+6.6% vs 2019
9 sales

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
Resale (secondary)9100%⃃ 17.06M⃃ 2,295,313⃃ 746
Ready9100%⃃ 17.06M⃃ 2,295,313⃃ 746

How many rental contracts were registered in Reef Tower in 2020?

64 rental contracts (new and renewed) were registered in Reef Tower in 2020, at a median annual rent of ⃃ 177,500 (−9.7% on 2019). Rental yields in Reef Tower

What were the most expensive property sales in Reef Tower in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/12/2020Reef TowerCommercial3,076 sq ft⃃ 2,707,003Resale · Ready
15/04/2020Reef TowerCommercial3,076 sq ft⃃ 2,295,323Resale · Ready
15/04/2020Reef TowerCommercial3,067 sq ft⃃ 2,295,323Resale · Ready
25/06/2020Reef TowerCommercial3,067 sq ft⃃ 2,295,313Resale · Ready
25/06/2020Reef TowerCommercial3,076 sq ft⃃ 2,295,313Resale · Ready
31/08/2020Reef TowerCommercial2,375 sq ft⃃ 1,773,794Resale · Ready
10/08/2020Reef TowerCommercial2,412 sq ft⃃ 1,459,375Resale · Ready
17/03/2020Reef TowerCommercial2,375 sq ft⃃ 1,335,500Resale · Ready
02/03/2020Reef TowerCommercial2,375 sq ft⃃ 600,000Resale · Ready

What were the last registered sales of 2020?

No transactions on record for this selection.

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/reef-tower/2020
Reef Tower Property Transactions 2020. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/reef-tower/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 Reef Tower in 2020?
9 property sales worth ⃃ 17,056,944 were registered in Reef Tower in 2020. That is 125.0% higher than 2019.
What was the median property price in Reef Tower in 2020?
The median sale price was ⃃ 2,295,313 and the median price per square foot ⃃ 746 (1 Jan – 31 Dec 2020).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/reef-tower/2020