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Project data

Addax Towerprices & recorded sales

Addax Tower in Al Reem Island has 1,050 recorded ADREC sale transactions, at a median of AED 1,808,591 and AED 978 per built-up square foot. These are settled sales — what units actually sold for, not developer listings or asking prices.

ADREC registry · 2019-04-232026-07-17

A genuine resale market has formed here: 46% of recorded transactions were resales rather than purchases from the developer.

The busiest year on record was 2020, with 840 recorded sales.

See the whole district: Al Reem Island

1,050

Recorded sales

AED 978

Median AED per built-up sqft

+5.5% vs 2025 median

AED 1.81m

Median sale price

AED 2.3bn

Total recorded value

2019–2026

First → latest sale

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How these sold

Off-plan versus completed stock, and first sales versus resales.

How these sold — Addax Tower
SplitRecorded sales
Off-plan99
Ready951
First sale (primary)569
Resale (secondary)481

Recorded sales by year

Recorded sales by year — Addax Tower
YearRecorded sales
2019
4
2020
840
2021
62
2022
30
2023
20
2024
20
2025
49
2026
25

Method

These are recorded ADREC sale transactions — what units in this project actually sold for. They are not developer listings, asking prices, or availability. Median AED per built-up square foot is converted from the registry's square-metre basis at 10.7639 sqft per sqm. Phase-level registry entries are grouped under the parent project. Projects are published only where at least 30 sales are on record. This is market information for professional use, not investment, valuation, legal or tax advice.

Cite this page

You are welcome to quote these figures in articles, reports and client material. Please attribute them and link back so readers can check the period and method:

Knownable, "Addax Tower prices & recorded sales", https://www.knownable.com/en/projects/addax-tower

Published under CC BY 4.0.

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