Project · Al Jaddaf · Sale prices

Boutique 23 Commercial Prices 2026

The median sale price of a commercial property in Boutique 23 was ⃃ 1,080,000 in the 12 months to 16 Oct 2026, based on 15 registered sales — 48.1% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 1,570 (+35.9% year on year). That is 55% below the Dubai-wide median of ⃃ 2,400,000 for the same commercial property mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 15 salesUpdated: 17 Oct 2026
Median sale price
⃃ 1,080,000
+48.1% YoY
15 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 1,570
+35.9% YoY
15 sales · the 12 months to 16 Oct 2026
Registered sales
15
−70.6% YoY
worth ⃃ 17.52M · the 12 months to 16 Oct 2026

What are the key price figures for commercial properties in Boutique 23?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 1,080,00012 months to 16 Oct 202615 sales; +48.1% vs the same 12 months a year earlier
Median price per sq ft⃃ 1,57012 months to 16 Oct 202615 sales; +35.9% vs the same 12 months a year earlier
Number of sales1512 months to 16 Oct 2026−70.6% vs the same 12 months a year earlier
Total sales value⃃ 17,519,53312 months to 16 Oct 2026−63.4% vs the same 12 months a year earlier
Lowest / highest sale⃃ 598K – ⃃ 3.5M12 months to 16 Oct 2026single registered sales (not typical prices)
Unit size range450 – 2,390 sq ftall units on record75 units
Capital appreciation+4.0%12 months to 16 Oct 2026change in property value over the period
Units on record75current15 sold in the 12 months to 16 Oct 2026 (20% of stock)
Active off-plan projects1current75 off-plan units
Developer (primary) median price⃃ 690,000all time75 developer sales; ⃃ 1,110 per sq ft
Launch date28/12/2023—project record

How have commercial property prices in Boutique 23 changed since 2024?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2024–2026 (to 16 Oct 2026)
Boutique 23 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
2024531,086
2025371,197
2026 YTD71,591
Registered sales and median price per sq ft by year, Boutique 23, commercial properties. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)7part year⃃ 9.27M⃃ 950,000⃃ 1,591+32.9%
202537−30.2%⃃ 33.62M⃃ 831,000⃃ 1,197+10.3%
202453—⃃ 52.16M⃃ 676,200⃃ 1,086—

Transactions by year: 2026 · 2025 · 2024 · all years

How does Boutique 23 compare with Al Jaddaf and Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricBoutique 23Al JaddafDubai
Median sale price⃃ 1,080,000⃃ 1,871,000⃃ 2,400,000
Median price per sq ft⃃ 1,570⃃ 2,500⃃ 2,430
Price per sq ft YoY+35.9%+47.3%+43.8%
Sales15826,881
Gross rental yield—4.54%2.08%

What are the latest registered sales of commercial properties in Boutique 23?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
05/10/2026Boutique 23Commercial597 sq ft⃃ 950,000⃃ 1,591Resale · Off-plan
30/09/2026Boutique 23Commercial2,394 sq ft⃃ 3,500,000⃃ 1,462Resale · Off-plan
26/06/2026Boutique 23Commercial479 sq ft⃃ 750,000⃃ 1,566Resale · Off-plan
01/04/2026Boutique 23Commercial462 sq ft⃃ 1,050,000⃃ 2,273Resale · Off-plan
01/04/2026Boutique 23Commercial489 sq ft⃃ 699,000⃃ 1,429Resale · Off-plan
04/03/2026Boutique 23Commercial838 sq ft⃃ 1,500,000⃃ 1,790Resale · Off-plan
02/02/2026Boutique 23Commercial462 sq ft⃃ 820,000⃃ 1,775Resale · Off-plan

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Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of commercial properties, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

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-prices/boutique-23/commercial
Boutique 23 Commercial Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/boutique-23/commercial

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Boutique 23 for commercial properties?
The median sale price of a commercial property in Boutique 23 was ⃃ 1,080,000 in the 12 months to 16 Oct 2026, from 15 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Boutique 23 for commercial properties?
The median price per square foot of commercial properties in Boutique 23 was ⃃ 1,570 in the 12 months to 16 Oct 2026, +35.9% compared with the same 12 months a year earlier.
How many properties were sold in Boutique 23 in the last 12 months?
15 sales of commercial properties worth ⃃ 17,519,533 were registered in Boutique 23 in the 12 months to 16 Oct 2026 (−70.6% year on year).
Are property prices in Boutique 23 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of commercial properties in Boutique 23 changed +35.9%. In calendar year 2025 it was ⃃ 1,197 (+10.3% on 2024), and ⃃ 1,591 so far in 2026.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/boutique-23/commercial