Building · Transactions · 2023

1 Residences - 1 Property Transactions 2023

150 property sales worth ⃃ 363M were registered in 1 Residences - 1 in 2023, 18.0% lower than 2022 by number of sales. The median sale price was ⃃ 2,343,718 and the median price per square foot ⃃ 1,754 (+3.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 150 salesUpdated: 18 Oct 2026
Property sales
150
−18.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 363M
−3.2% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,343,718
+12.8% vs 2022
150 sales
Median price per sq ft
⃃ 1,754
+3.9% vs 2022
150 sales

What types of property sold in 1 Residences - 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments150100%⃃ 363M⃃ 2,343,718⃃ 1,754

How were 2023 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)13791.3%⃃ 335.96M⃃ 2,346,781⃃ 1,754
Resale (secondary)138.7%⃃ 27.04M⃃ 2,300,000⃃ 1,767
Ready150100%⃃ 363M⃃ 2,343,718⃃ 1,754

How many rental contracts were registered in 1 Residences - 1 in 2023?

151 rental contracts (new and renewed) were registered in 1 Residences - 1 in 2023, at a median annual rent of ⃃ 120,000 (−14.3% on 2022). Rental yields in 1 Residences - 1

What were the most expensive property sales in 1 Residences - 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
18/01/20231 Residences - 13 beds · Apartment2,022 sq ft⃃ 5,244,012Primary · Ready
15/04/20231 Residences - 13 beds · Apartment1,951 sq ft⃃ 5,210,394Primary · Ready
18/01/20231 Residences - 13 beds · Apartment2,015 sq ft⃃ 5,196,608Primary · Ready
06/01/20231 Residences - 13 beds · Apartment1,951 sq ft⃃ 4,975,916Primary · Ready
19/01/20231 Residences - 13 beds · Apartment1,915 sq ft⃃ 4,880,722Primary · Ready
23/01/20231 Residences - 13 beds · Apartment1,956 sq ft⃃ 4,866,969Primary · Ready
25/01/20231 Residences - 13 beds · Apartment1,932 sq ft⃃ 4,835,836Primary · Ready
03/04/20231 Residences - 13 beds · Apartment1,951 sq ft⃃ 4,706,770Primary · Ready
18/01/20231 Residences - 13 beds · Apartment1,876 sq ft⃃ 4,597,236Primary · Ready
08/01/20231 Residences - 13 beds · Apartment1,951 sq ft⃃ 4,589,100Primary · Ready

What were the last registered sales of 2023?

No transactions on record for this selection.

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 2023 with the whole of 2022.
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/1-residences-1/2023
1 Residences - 1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/1-residences-1/2023

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 1 Residences - 1 in 2023?
150 property sales worth ⃃ 363,003,576 were registered in 1 Residences - 1 in 2023. That is 18.0% lower than 2022.
What was the median property price in 1 Residences - 1 in 2023?
The median sale price was ⃃ 2,343,718 and the median price per square foot ⃃ 1,754 (1 Jan – 31 Dec 2023).
What share of 2023 sales in 1 Residences - 1 were off-plan or from developers?
Developer (primary) sales were 91.3% of the 150 sales and resales 8.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/1-residences-1/2023