Project · Transactions · 2023

5th Avenue Property Transactions 2023

66 property sales worth ⃃ 83.09M were registered in 5th Avenue in 2023, with no comparable figure for 2022 by number of sales. The median sale price was ⃃ 1,272,310 and the median price per square foot ⃃ 941.

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 66 salesUpdated: 18 Oct 2026
Property sales
66
1 Jan – 31 Dec 2023
Total value
⃃ 83.09M
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,272,310
66 sales
Median price per sq ft
⃃ 941
66 sales

What types of property sold in 5th Avenue in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments66100%⃃ 83.09M⃃ 1,272,310⃃ 941

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)66100%⃃ 83.09M⃃ 1,272,310⃃ 941
Ready66100%⃃ 83.09M⃃ 1,272,310⃃ 941

How many rental contracts were registered in 5th Avenue in 2023?

88 rental contracts (new and renewed) were registered in 5th Avenue in 2023, at a median annual rent of ⃃ 75,909 (+3.3% on 2022). Rental yields in 5th Avenue

What were the most expensive property sales in 5th Avenue in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
27/09/20235th Avenue3 beds · Apartment2,243 sq ft⃃ 2,000,000Primary · Ready
21/12/20235th Avenue3 beds · Apartment2,255 sq ft⃃ 1,996,012Primary · Ready
17/07/20235th Avenue3 beds · Apartment2,279 sq ft⃃ 1,898,188Primary · Ready
20/07/20235th Avenue3 beds · Apartment2,186 sq ft⃃ 1,857,786Primary · Ready
23/11/20235th Avenue2 beds · Apartment1,409 sq ft⃃ 1,620,000Primary · Ready
17/10/20235th Avenue2 beds · Apartment1,343 sq ft⃃ 1,600,000Primary · Ready
23/11/20235th Avenue2 beds · Apartment1,370 sq ft⃃ 1,600,000Primary · Ready
22/06/20235th Avenue2 beds · Apartment1,302 sq ft⃃ 1,500,000Primary · Ready
20/07/20235th Avenue2 beds · Apartment1,304 sq ft⃃ 1,500,000Primary · Ready
07/12/20235th Avenue2 beds · Apartment1,398 sq ft⃃ 1,450,000Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/20235th Avenue2 beds · Apartment1,650 sq ft⃃ 1,402,143Primary · Ready
26/12/20235th Avenue2 beds · Apartment1,398 sq ft⃃ 1,306,952Primary · Ready
26/12/20235th Avenue2 beds · Apartment1,396 sq ft⃃ 1,340,352Primary · Ready
21/12/20235th Avenue2 beds · Apartment1,397 sq ft⃃ 1,327,616Primary · Ready
21/12/20235th Avenue3 beds · Apartment2,255 sq ft⃃ 1,996,012Primary · Ready
20/12/20235th Avenue2 beds · Apartment1,395 sq ft⃃ 1,339,622Primary · Ready
19/12/20235th Avenue1 bed · Apartment1,073 sq ft⃃ 1,091,414Primary · Ready
19/12/20235th Avenue1 bed · Apartment818 sq ft⃃ 917,987Primary · Ready
13/12/20235th Avenue2 beds · Apartment1,395 sq ft⃃ 1,332,645Primary · Ready
08/12/20235th Avenue1 bed · Apartment818 sq ft⃃ 814,081Primary · 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 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/5th-avenue/2023
5th Avenue Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/5th-avenue/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 5th Avenue in 2023?
66 property sales worth ⃃ 83,086,087 were registered in 5th Avenue in 2023. That is with no comparable figure for 2022.
What was the median property price in 5th Avenue in 2023?
The median sale price was ⃃ 1,272,310 and the median price per square foot ⃃ 941 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/5th-avenue/2023