Skip to content

Project · Transactions · 2018

The Palm Tower Property Transactions 2018

23 property sales worth ⃃ 79.34M were registered in The Palm Tower in 2018, 64.3% higher than 2017 by number of sales. The median sale price was ⃃ 3,145,170 and the median price per square foot ⃃ 3,095 (−0.8% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 23 salesUpdated: 14 Nov 2026
Property sales
23
+64.3% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 79.34M
+40.1% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 3,145,170
−3.0% vs 2017
23 sales
Median price per sq ft
⃃ 3,095
−0.8% vs 2017
23 sales

What types of property sold in The Palm Tower in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments23100%⃃ 79.34M⃃ 3,145,170⃃ 3,095

How were 2018 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)1982.6%⃃ 74.1M⃃ 3,185,290⃃ 3,312
Resale (secondary)417.4%⃃ 5.24M⃃ 1,297,500⃃ 2,575
Off-plan23100%⃃ 79.34M⃃ 3,145,170⃃ 3,095

What were the most expensive property sales in The Palm Tower in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/10/2018The Palm Tower2 beds · Apartment2,297 sq ft⃃ 8,829,936Primary · Off-plan
01/11/2018The Palm Tower2 beds · Apartment2,420 sq ft⃃ 7,860,290Primary · Off-plan
01/11/2018The Palm Tower2 beds · Apartment2,313 sq ft⃃ 7,576,220Primary · Off-plan
01/11/2018The Palm Tower2 beds · Apartment2,324 sq ft⃃ 7,550,380Primary · Off-plan
11/02/2018The Palm Tower1 bed · Apartment1,069 sq ft⃃ 3,913,900Primary · Off-plan
18/09/2018The Palm Tower1 bed · Apartment1,113 sq ft⃃ 3,841,900Primary · Off-plan
01/11/2018The Palm Tower1 bed · Apartment1,115 sq ft⃃ 3,345,940Primary · Off-plan
01/11/2018The Palm Tower1 bed · Apartment1,114 sq ft⃃ 3,345,940Primary · Off-plan
01/11/2018The Palm Tower1 bed · Apartment1,110 sq ft⃃ 3,185,290Primary · Off-plan
01/11/2018The Palm Tower1 bed · Apartment1,109 sq ft⃃ 3,185,290Primary · Off-plan

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
31/12/2018The Palm TowerStudio · Apartment524 sq ft⃃ 1,791,600Primary · Off-plan
18/12/2018The Palm TowerStudio · Apartment524 sq ft⃃ 1,813,900Primary · Off-plan
12/11/2018The Palm TowerStudio · Apartment517 sq ft⃃ 1,732,300Primary · Off-plan
05/11/2018The Palm TowerStudio · Apartment523 sq ft⃃ 1,732,300Primary · Off-plan
01/11/2018The Palm Tower1 bed · Apartment1,055 sq ft⃃ 3,140,920Primary · Off-plan
01/11/2018The Palm Tower2 beds · Apartment2,324 sq ft⃃ 7,550,380Primary · Off-plan
01/11/2018The Palm Tower2 beds · Apartment2,313 sq ft⃃ 7,576,220Primary · Off-plan
01/11/2018The Palm Tower2 beds · Apartment2,420 sq ft⃃ 7,860,290Primary · Off-plan
01/11/2018The Palm Tower1 bed · Apartment1,055 sq ft⃃ 3,110,915Primary · Off-plan
01/11/2018The Palm Tower1 bed · Apartment1,114 sq ft⃃ 3,345,940Primary · Off-plan

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 2018 with the whole of 2017.
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-palm-tower/2018
The Palm Tower Property Transactions 2018. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-palm-tower/2018

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 Palm Tower in 2018?
23 property sales worth ⃃ 79,343,789 were registered in The Palm Tower in 2018. That is 64.3% higher than 2017.
What was the median property price in The Palm Tower in 2018?
The median sale price was ⃃ 3,145,170 and the median price per square foot ⃃ 3,095 (1 Jan – 31 Dec 2018).
What share of 2018 sales in The Palm Tower were off-plan or from developers?
Developer (primary) sales were 82.6% of the 23 sales and resales 17.4%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-palm-tower/2018