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Project · Transactions · 2022

Reef Tower Property Transactions 2022

18 property sales worth ⃃ 37.33M were registered in Reef Tower in 2022, 63.6% higher than 2021 by number of sales. The median sale price was ⃃ 1,976,076 and the median price per square foot ⃃ 1,116 (+30.5% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 18 salesUpdated: 13 Nov 2026
Property sales
18
+63.6% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 37.33M
+89.3% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 1,976,076
+11.0% vs 2021
18 sales
Median price per sq ft
⃃ 1,116
+30.5% vs 2021
18 sales

What types of property sold in Reef Tower in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial18100%⃃ 37.33M⃃ 1,976,076⃃ 1,116

How were 2022 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)18100%⃃ 37.33M⃃ 1,976,076⃃ 1,116
Ready18100%⃃ 37.33M⃃ 1,976,076⃃ 1,116

How many rental contracts were registered in Reef Tower in 2022?

72 rental contracts (new and renewed) were registered in Reef Tower in 2022, at a median annual rent of ⃃ 211,174 (+24.2% on 2021). Rental yields in Reef Tower

What were the most expensive property sales in Reef Tower in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
04/08/2022Reef TowerCommercial2,437 sq ft⃃ 3,045,000Resale · Ready
16/03/2022Reef TowerCommercial2,412 sq ft⃃ 2,900,000Resale · Ready
14/09/2022Reef TowerCommercial2,400 sq ft⃃ 2,820,799Resale · Ready
17/11/2022Reef TowerCommercial1,802 sq ft⃃ 2,148,051Resale · Ready
17/11/2022Reef TowerCommercial1,782 sq ft⃃ 2,124,167Resale · Ready
17/11/2022Reef TowerCommercial1,739 sq ft⃃ 2,072,781Resale · Ready
17/11/2022Reef TowerCommercial1,725 sq ft⃃ 2,056,927Resale · Ready
17/11/2022Reef TowerCommercial1,719 sq ft⃃ 2,049,095Resale · Ready
17/11/2022Reef TowerCommercial1,719 sq ft⃃ 2,048,980Resale · Ready
28/12/2022Reef TowerCommercial1,802 sq ft⃃ 1,903,172Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
28/12/2022Reef TowerCommercial1,739 sq ft⃃ 1,836,436Resale · Ready
28/12/2022Reef TowerCommercial1,802 sq ft⃃ 1,903,172Resale · Ready
26/12/2022Reef TowerCommercial1,719 sq ft⃃ 1,815,511Resale · Ready
16/12/2022Reef TowerCommercial1,782 sq ft⃃ 1,882,025Resale · Ready
17/11/2022Reef TowerCommercial1,802 sq ft⃃ 2,148,051Resale · Ready
17/11/2022Reef TowerCommercial1,739 sq ft⃃ 2,072,781Resale · Ready
17/11/2022Reef TowerCommercial1,719 sq ft⃃ 2,049,095Resale · Ready
17/11/2022Reef TowerCommercial1,782 sq ft⃃ 2,124,167Resale · Ready
17/11/2022Reef TowerCommercial1,725 sq ft⃃ 2,056,927Resale · Ready
17/11/2022Reef TowerCommercial1,719 sq ft⃃ 2,048,980Resale · 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 2022 with the whole of 2021.
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/2022
Reef Tower Property Transactions 2022. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/reef-tower/2022

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 2022?
18 property sales worth ⃃ 37,332,037 were registered in Reef Tower in 2022. That is 63.6% higher than 2021.
What was the median property price in Reef Tower in 2022?
The median sale price was ⃃ 1,976,076 and the median price per square foot ⃃ 1,116 (1 Jan – 31 Dec 2022).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/reef-tower/2022