Project · Transactions · 2024

V2 Property Transactions 2024

26 property sales worth ⃃ 18.12M were registered in V2 in 2024, 72.9% lower than 2023 by number of sales. The median sale price was ⃃ 717,500 and the median price per square foot ⃃ 1,036 (+15.5% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 26 salesUpdated: 13 Nov 2026
Property sales
26
−72.9% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 18.12M
−67.5% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 717,500
+34.2% vs 2023
26 sales
Median price per sq ft
⃃ 1,036
+15.5% vs 2023
26 sales

How were 2024 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)1557.7%⃃ 10.19M⃃ 665,000⃃ 993
Resale (secondary)1142.3%⃃ 7.92M⃃ 750,000⃃ 1,076
Ready26100%⃃ 18.12M⃃ 717,500⃃ 1,036

How many rental contracts were registered in V2 in 2024?

87 rental contracts (new and renewed) were registered in V2 in 2024, at a median annual rent of ⃃ 53,000 (+10.4% on 2023). Rental yields in V2

What were the most expensive property sales in V2 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/03/2024V22 beds · Apartment1,209 sq ft⃃ 1,200,000Primary · Ready
27/02/2024V22 beds · Apartment1,207 sq ft⃃ 1,175,000Primary · Ready
14/02/2024V22 beds · Apartment1,207 sq ft⃃ 1,100,000Primary · Ready
09/10/2024V22 beds · Apartment1,213 sq ft⃃ 1,000,000Resale · Ready
25/09/2024V22 beds · Apartment1,211 sq ft⃃ 1,000,000Resale · Ready
06/11/2024V21 bed · Apartment724 sq ft⃃ 825,000Primary · Ready
15/11/2024V21 bed · Apartment667 sq ft⃃ 780,000Resale · Ready
13/03/2024V21 bed · Apartment667 sq ft⃃ 780,000Primary · Ready
23/12/2024V21 bed · Apartment721 sq ft⃃ 770,000Resale · Ready
31/10/2024V21 bed · Apartment706 sq ft⃃ 760,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
23/12/2024V21 bed · Apartment721 sq ft⃃ 770,000Resale · Ready
15/11/2024V21 bed · Apartment667 sq ft⃃ 780,000Resale · Ready
11/11/2024V2Studio · Apartment437 sq ft⃃ 560,000Resale · Ready
06/11/2024V21 bed · Apartment724 sq ft⃃ 825,000Primary · Ready
31/10/2024V21 bed · Apartment706 sq ft⃃ 760,000Resale · Ready
14/10/2024V2Studio · Apartment434 sq ft⃃ 510,000Resale · Ready
09/10/2024V22 beds · Apartment1,213 sq ft⃃ 1,000,000Resale · Ready
25/09/2024V22 beds · Apartment1,211 sq ft⃃ 1,000,000Resale · Ready
10/09/2024V21 bed · Apartment710 sq ft⃃ 750,000Resale · Ready
26/08/2024V2Studio · Apartment485 sq ft⃃ 560,000Resale · 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 2024 with the whole of 2023.
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/2024
V2 Property Transactions 2024. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/v2-x/2024

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 2024?
26 property sales worth ⃃ 18,117,616 were registered in V2 in 2024. That is 72.9% lower than 2023.
What was the median property price in V2 in 2024?
The median sale price was ⃃ 717,500 and the median price per square foot ⃃ 1,036 (1 Jan – 31 Dec 2024).
What share of 2024 sales in V2 were off-plan or from developers?
Developer (primary) sales were 57.7% of the 26 sales and resales 42.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/v2-x/2024