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Building · Transactions · 2021

The Residences 1 Property Transactions 2021

11 property sales worth ⃃ 30.56M were registered in The Residences 1 in 2021, 57.1% higher than 2020 by number of sales. The median sale price was ⃃ 1,510,000 and the median price per square foot ⃃ 1,650 (+16.9% on 2020).

Period: 1 Jan – 31 Dec 2021Compared with: 2020Sample: 11 salesUpdated: 15 Nov 2026
Property sales
11
+57.1% vs 2020
1 Jan – 31 Dec 2021
Total value
⃃ 30.56M
+67.0% vs 2020
1 Jan – 31 Dec 2021
Median sale price
⃃ 1,510,000
−26.3% vs 2020
11 sales
Median price per sq ft
⃃ 1,650
+16.9% vs 2020
11 sales

How were 2021 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)19.1%⃃ 3.4M⃃ 3,400,000⃃ 2,087
Resale (secondary)1090.9%⃃ 27.16M⃃ 1,505,000⃃ 1,645
Ready11100%⃃ 30.56M⃃ 1,510,000⃃ 1,650

How many rental contracts were registered in The Residences 1 in 2021?

104 rental contracts (new and renewed) were registered in The Residences 1 in 2021, at a median annual rent of ⃃ 100,000 (+5.3% on 2020). Rental yields in The Residences 1

What were the most expensive property sales in The Residences 1 in 2021?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2021?

DatePropertyTypeSizePriceMarket
06/12/2021The Residences 13 beds · Apartment3,546 sq ft⃃ 8,400,000Resale · Ready
26/09/2021The Residences 12 beds · Apartment1,629 sq ft⃃ 3,800,000Resale · Ready
19/09/2021The Residences 11 bed · Apartment915 sq ft⃃ 1,500,000Resale · Ready
31/08/2021The Residences 11 bed · Apartment1,046 sq ft⃃ 1,400,000Resale · Ready
29/07/2021The Residences 11 bed · Apartment915 sq ft⃃ 1,510,000Resale · Ready
29/07/2021The Residences 12 beds · Apartment1,629 sq ft⃃ 4,250,000Resale · Ready
27/07/2021The Residences 12 beds · Apartment1,629 sq ft⃃ 390,990Resale · Ready
10/05/2021The Residences 12 beds · Apartment1,629 sq ft⃃ 3,400,000Primary · Ready
01/04/2021The Residences 11 bed · Apartment1,046 sq ft⃃ 1,285,000Resale · Ready
07/03/2021The Residences 12 beds · Apartment1,629 sq ft⃃ 3,400,000Resale · 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 2021 with the whole of 2020.
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-residences-1/2021
The Residences 1 Property Transactions 2021. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-residences-1/2021

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 Residences 1 in 2021?
11 property sales worth ⃃ 30,560,790 were registered in The Residences 1 in 2021. That is 57.1% higher than 2020.
What was the median property price in The Residences 1 in 2021?
The median sale price was ⃃ 1,510,000 and the median price per square foot ⃃ 1,650 (1 Jan – 31 Dec 2021).
What share of 2021 sales in The Residences 1 were off-plan or from developers?
Developer (primary) sales were 9.1% of the 11 sales and resales 90.9%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-residences-1/2021