Project · Transactions · 2022
The Square Property Transactions 2022
95 property sales worth 42.3M were registered in The Square in 2022, 48.6% lower than 2021 by number of sales. The median sale price was 433,140 and the median price per square foot 760 (+32.4% on 2021).
- Property sales
- 95
- −48.6% vs 2021
- 1 Jan – 31 Dec 2022
- Total value
- 42.3M
- −42.0% vs 2021
- 1 Jan – 31 Dec 2022
- Median sale price
- 433,140
- +9.1% vs 2021
- 95 sales
- Median price per sq ft
- 760
- +32.4% vs 2021
- 95 sales
What types of property sold in The Square in 2022?
1 Jan – 31 Dec 2022
| Segment | Sales | Share of sales | Value | Median price | Per sq ft |
|---|---|---|---|---|---|
| Apartments | 94 | 98.9% | 41.58M | 433,140 | 760 |
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.
| Segment | Sales | Share of sales | Value | Median price | Per sq ft |
|---|---|---|---|---|---|
| Primary (developer sales) | 57 | 60% | 24M | 410,000 | 884 |
| Resale (secondary) | 38 | 40% | 18.31M | 469,976 | 760 |
| Ready | 95 | 100% | 42.3M | 433,140 | 760 |
How many rental contracts were registered in The Square in 2022?
185 rental contracts (new and renewed) were registered in The Square in 2022, at a median annual rent of 36,800 (+5.1% on 2021). Rental yields in The Square
What were the most expensive property sales in The Square in 2022?
The ten highest registered sale prices in the year.
| Date | Property | Type | Size | Price | Market |
|---|---|---|---|---|---|
| 21/02/2022 | The Square | 1 bed · Apartment | 961 sq ft | 850,000 | Primary · Ready |
| 30/11/2022 | The Square | 1 bed · Apartment | 1,100 sq ft | 836,220 | Resale · Ready |
| 24/05/2022 | The Square | 1 bed · Apartment | 1,084 sq ft | 824,190 | Resale · Ready |
| 21/02/2022 | The Square | 1 bed · Apartment | 832 sq ft | 806,875 | Primary · Ready |
| 02/02/2022 | The Square | 1 bed · Apartment | 783 sq ft | 739,832 | Primary · Ready |
| 30/11/2022 | The Square | 1 bed · Apartment | 966 sq ft | 734,449 | Resale · Ready |
| 31/03/2022 | The Square | 1 bed · Apartment | 958 sq ft | 728,232 | Resale · Ready |
| 11/08/2022 | The Square | 1 bed · Apartment | 961 sq ft | 720,427 | Resale · Ready |
| 17/01/2022 | The Square | Commercial | 733 sq ft | 720,000 | Primary · Ready |
| 15/03/2022 |
What were the last registered sales of 2022?
| Date | Property | Type | Size | Price | Market |
|---|---|---|---|---|---|
| 29/12/2022 | The Square | Studio · Apartment | 337 sq ft | 350,000 | Resale · Ready |
| 16/12/2022 | The Square | Studio · Apartment | 337 sq ft | 415,000 | Resale · Ready |
| 13/12/2022 | The Square | Studio · Apartment | 414 sq ft | 350,000 | Resale · Ready |
| 09/12/2022 | The Square | Studio · Apartment | 488 sq ft | 487,634 | Primary · Ready |
| 05/12/2022 | The Square | Studio · Apartment | 402 sq ft | 345,000 | Resale · Ready |
| 30/11/2022 | The Square | 1 bed · Apartment | 966 sq ft | 734,449 | Resale · Ready |
| 30/11/2022 | The Square | Studio · Apartment | 618 sq ft | 469,976 | Resale · Ready |
| 30/11/2022 | The Square | 1 bed · Apartment | 868 sq ft | 660,007 | Resale · Ready |
| 30/11/2022 | The Square | 1 bed · Apartment | 1,100 sq ft | 836,220 | Resale · Ready |
| 30/11/2022 | The Square | Studio · Apartment |
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-square/2022
The Square Property Transactions 2022. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-square/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 Square in 2022?
What was the median property price in The Square in 2022?
What share of 2022 sales in The Square were off-plan or from developers?
Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-square/2022