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Building · Transactions · 2020

The Residences 7 Property Transactions 2020

6 property sales worth ⃃ 18.1M were registered in The Residences 7 in 2020, 14.3% lower than 2019 by number of sales. The median sale price was ⃃ 2,961,746 and the median price per square foot ⃃ 1,624 (+14.3% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 6 salesUpdated: 15 Nov 2026
Property sales
6
−14.3% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 18.1M
+22.7% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 2,961,746
+85.1% vs 2019
6 sales
Median price per sq ft
⃃ 1,624
+14.3% vs 2019
6 sales

What types of property sold in The Residences 7 in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments6100%⃃ 18.1M⃃ 2,961,746⃃ 1,624

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)6100%⃃ 18.1M⃃ 2,961,746⃃ 1,624
Ready6100%⃃ 18.1M⃃ 2,961,746⃃ 1,624

How many rental contracts were registered in The Residences 7 in 2020?

107 rental contracts (new and renewed) were registered in The Residences 7 in 2020, at a median annual rent of ⃃ 115,000 (−11.5% on 2019). Rental yields in The Residences 7

What were the most expensive property sales in The Residences 7 in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
12/11/2020The Residences 73 beds · Apartment3,609 sq ft⃃ 5,700,000Resale · Ready
04/10/2020The Residences 73 beds · Apartment2,082 sq ft⃃ 3,853,500Resale · Ready
03/06/2020The Residences 73 beds · Apartment2,082 sq ft⃃ 3,500,000Resale · Ready
18/02/2020The Residences 72 beds · Apartment1,452 sq ft⃃ 2,423,492Resale · Ready
28/09/2020The Residences 72 beds · Apartment1,650 sq ft⃃ 1,500,000Resale · Ready
22/01/2020The Residences 71 bed · Apartment1,011 sq ft⃃ 1,120,000Resale · Ready

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
12/11/2020The Residences 73 beds · Apartment3,609 sq ft⃃ 5,700,000Resale · Ready
04/10/2020The Residences 73 beds · Apartment2,082 sq ft⃃ 3,853,500Resale · Ready
28/09/2020The Residences 72 beds · Apartment1,650 sq ft⃃ 1,500,000Resale · Ready
03/06/2020The Residences 73 beds · Apartment2,082 sq ft⃃ 3,500,000Resale · Ready
18/02/2020The Residences 72 beds · Apartment1,452 sq ft⃃ 2,423,492Resale · Ready
22/01/2020The Residences 71 bed · Apartment1,011 sq ft⃃ 1,120,000Resale · 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 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/the-residences-7/2020
The Residences 7 Property Transactions 2020. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-residences-7/2020

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 The Residences 7 in 2020?
6 property sales worth ⃃ 18,096,992 were registered in The Residences 7 in 2020. That is 14.3% lower than 2019.
What was the median property price in The Residences 7 in 2020?
The median sale price was ⃃ 2,961,746 and the median price per square foot ⃃ 1,624 (1 Jan – 31 Dec 2020).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-residences-7/2020