Project · Transactions · 2022

V2 Property Transactions 2022

25 property sales worth ⃃ 13.55M were registered in V2 in 2022, 10.7% lower than 2021 by number of sales. The median sale price was ⃃ 544,870 and the median price per square foot ⃃ 840 (+21.2% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 25 salesUpdated: 13 Nov 2026
Property sales
25
−10.7% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 13.55M
−26.1% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 544,870
−27.2% vs 2021
25 sales
Median price per sq ft
⃃ 840
+21.2% vs 2021
25 sales

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)25100%⃃ 13.55M⃃ 544,870⃃ 840
Off-plan25100%⃃ 13.55M⃃ 544,870⃃ 840

How many rental contracts were registered in V2 in 2022?

5 rental contracts (new and renewed) were registered in V2 in 2022, at a median annual rent of ⃃ 160,000 (+6.7% on 2021). Rental yields in V2

What were the most expensive property sales in V2 in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
15/04/2022V22 beds · Apartment1,213 sq ft⃃ 999,000Primary · Off-plan
07/04/2022V22 beds · Apartment1,209 sq ft⃃ 970,000Primary · Off-plan
09/11/2022V21 bed · Apartment708 sq ft⃃ 620,000Primary · Off-plan
18/10/2022V21 bed · Apartment667 sq ft⃃ 616,970Primary · Off-plan
14/03/2022V21 bed · Apartment732 sq ft⃃ 616,970Primary · Off-plan
09/11/2022V21 bed · Apartment667 sq ft⃃ 616,000Primary · Off-plan
07/04/2022V21 bed · Apartment724 sq ft⃃ 613,885Primary · Off-plan
15/04/2022V21 bed · Apartment708 sq ft⃃ 592,000Primary · Off-plan
18/10/2022V21 bed · Apartment708 sq ft⃃ 586,582Primary · Off-plan
15/03/2022V21 bed · Apartment732 sq ft⃃ 585,450Primary · Off-plan

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
09/11/2022V21 bed · Apartment708 sq ft⃃ 620,000Primary · Off-plan
09/11/2022V21 bed · Apartment667 sq ft⃃ 616,000Primary · Off-plan
18/10/2022V21 bed · Apartment667 sq ft⃃ 616,970Primary · Off-plan
18/10/2022V2Studio · Apartment443 sq ft⃃ 410,970Primary · Off-plan
18/10/2022V21 bed · Apartment708 sq ft⃃ 586,582Primary · Off-plan
13/10/2022V2Studio · Apartment487 sq ft⃃ 410,000Primary · Off-plan
13/10/2022V21 bed · Apartment667 sq ft⃃ 534,786Primary · Off-plan
27/05/2022V2Studio · Apartment443 sq ft⃃ 370,000Primary · Off-plan
23/04/2022V21 bed · Apartment721 sq ft⃃ 556,432Primary · Off-plan
18/04/2022V2Studio · Apartment487 sq ft⃃ 427,786Primary · 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 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/v2-x/2022
V2 Property Transactions 2022. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/v2-x/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 V2 in 2022?
25 property sales worth ⃃ 13,547,730 were registered in V2 in 2022. That is 10.7% lower than 2021.
What was the median property price in V2 in 2022?
The median sale price was ⃃ 544,870 and the median price per square foot ⃃ 840 (1 Jan – 31 Dec 2022).

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/v2-x/2022