Project · Transactions · 2022

The Neighbourhood Property Transactions 2022

52 property sales worth ⃃ 70.77M were registered in The Neighbourhood in 2022, 38.8% lower than 2021 by number of sales. The median sale price was ⃃ 1,372,412 and the median price per square foot ⃃ 1,233 (+19.4% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 52 salesUpdated: 13 Nov 2026
Property sales
52
−38.8% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 70.77M
−37.8% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 1,372,412
+2.0% vs 2021
52 sales
Median price per sq ft
⃃ 1,233
+19.4% vs 2021
52 sales

What types of property sold in The Neighbourhood in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments52100%⃃ 70.77M⃃ 1,372,412⃃ 1,233

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
Primary (developer sales)3465.4%⃃ 43.87M⃃ 1,270,310⃃ 1,192
Resale (secondary)1834.6%⃃ 26.9M⃃ 1,500,000⃃ 1,432
Ready52100%⃃ 70.77M⃃ 1,372,412⃃ 1,233

How many rental contracts were registered in The Neighbourhood in 2022?

29 rental contracts (new and renewed) were registered in The Neighbourhood in 2022, at a median annual rent of ⃃ 120,000 (−69.9% on 2021). Rental yields in The Neighbourhood

What were the most expensive property sales in The Neighbourhood in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/09/2022The Neighbourhood C22 beds · Apartment1,484 sq ft⃃ 2,250,000Resale · Ready
12/05/2022The Neighbourhood C32 beds · Apartment1,256 sq ft⃃ 2,100,000Resale · Ready
26/05/2022The Neighbourhood C22 beds · Apartment1,350 sq ft⃃ 2,100,000Resale · Ready
01/03/2022The Neighbourhood C32 beds · Apartment1,474 sq ft⃃ 1,950,000Resale · Ready
01/04/2022The Neighbourhood C22 beds · Apartment1,350 sq ft⃃ 1,880,000Resale · Ready
14/01/2022The Neighbourhood C32 beds · Apartment1,540 sq ft⃃ 1,779,891Primary · Ready
28/01/2022The Neighbourhood C22 beds · Apartment1,403 sq ft⃃ 1,715,397Primary · Ready
24/01/2022The Neighbourhood C22 beds · Apartment1,400 sq ft⃃ 1,689,510Primary · Ready
25/01/2022The Neighbourhood C22 beds · Apartment1,402 sq ft⃃ 1,673,702Primary · Ready
18/11/2022The Neighbourhood C21 bed · Apartment1,124 sq ft⃃ 1,650,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
19/12/2022The Neighbourhood C31 bed · Apartment1,066 sq ft⃃ 1,475,000Resale · Ready
16/12/2022The Neighbourhood C21 bed · Apartment1,492 sq ft⃃ 1,550,000Resale · Ready
06/12/2022The Neighbourhood C3Studio · Apartment452 sq ft⃃ 730,000Resale · Ready
30/11/2022The Neighbourhood C31 bed · Apartment1,239 sq ft⃃ 1,550,000Resale · Ready
18/11/2022The Neighbourhood C21 bed · Apartment1,124 sq ft⃃ 1,650,000Resale · Ready
16/11/2022The Neighbourhood C21 bed · Apartment819 sq ft⃃ 1,020,000Resale · Ready
26/09/2022The Neighbourhood C22 beds · Apartment1,484 sq ft⃃ 2,250,000Resale · Ready
05/09/2022The Neighbourhood C2Studio · Apartment514 sq ft⃃ 900,000Resale · Ready
23/08/2022The Neighbourhood C21 bed · Apartment819 sq ft⃃ 1,400,000Resale · Ready
23/06/2022The Neighbourhood C31 bed · Apartment1,231 sq ft⃃ 1,525,000Resale · 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 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/the-neighbourhood/2022
The Neighbourhood Property Transactions 2022. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-neighbourhood/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 The Neighbourhood in 2022?
52 property sales worth ⃃ 70,767,433 were registered in The Neighbourhood in 2022. That is 38.8% lower than 2021.
What was the median property price in The Neighbourhood in 2022?
The median sale price was ⃃ 1,372,412 and the median price per square foot ⃃ 1,233 (1 Jan – 31 Dec 2022).
What share of 2022 sales in The Neighbourhood were off-plan or from developers?
Developer (primary) sales were 65.4% of the 52 sales and resales 34.6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-neighbourhood/2022