Area · Transactions · 2023

Al Hebiah First Property Transactions 2023

846 property sales worth ⃃ 1.3B were registered in Al Hebiah First in 2023, 119.7% higher than 2022 by number of sales. The median sale price was ⃃ 824,888 and the median price per square foot ⃃ 787 (+26.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 846 salesUpdated: 19 Oct 2026
Property sales
846
+119.7% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 1.3B
+108.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 824,888
−25.6% vs 2022
846 sales
Median price per sq ft
⃃ 787
+26.1% vs 2022
846 sales

What types of property sold in Al Hebiah First in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments67379.6%⃃ 619.08M⃃ 750,000⃃ 856
Villas283.3%⃃ 75.1M⃃ 2,800,000⃃ 474
Commercial10412.3%⃃ 212.84M⃃ 1,454,493⃃ 555

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)39646.8%⃃ 438.26M⃃ 736,139⃃ 1,099
Resale (secondary)45053.2%⃃ 863.08M⃃ 1,200,000⃃ 647
Off-plan34741%⃃ 255.55M⃃ 699,888⃃ 1,118
Ready49959%⃃ 1B⃃ 1,250,000⃃ 652

How many rental contracts were registered in Al Hebiah First in 2023?

3,154 rental contracts (new and renewed) were registered in Al Hebiah First in 2023, at a median annual rent of ⃃ 65,000 (+18.0% on 2022). Rental yields in Al Hebiah First

What were the most expensive property sales in Al Hebiah First in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/07/202315 CascadePlot125,632 sq ft⃃ 75,070,202Resale · Ready
08/05/2023Motor CityPlot77,730 sq ft⃃ 70,000,000Primary · Ready
13/09/2023Motor CityPlot162,463 sq ft⃃ 52,500,000Resale · Ready
26/01/2023Motor CityPlot45,062 sq ft⃃ 28,600,000Primary · Ready
25/10/2023Control TowerCommercial29,570 sq ft⃃ 16,411,905Resale · Ready
25/10/2023Control TowerCommercial29,516 sq ft⃃ 16,381,380Resale · Ready
25/10/2023Control TowerCommercial25,046 sq ft⃃ 13,900,652Resale · Ready
21/09/2023Control TowerCommercial13,862 sq ft⃃ 11,500,000Resale · Ready
05/06/2023Control TowerCommercial13,862 sq ft⃃ 11,000,000Resale · Ready
08/09/2023Motor City4 beds · Townhouse8,495 sq ft⃃ 7,600,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Newbridge Hill 12 beds · Apartment1,880 sq ft⃃ 1,180,000Resale · Ready
27/12/2023Dickens Circus 11 bed · Apartment1,091 sq ft⃃ 600,000Resale · Ready
27/12/2023Green Community Motor City, Phase 2 - Casa Familia3 beds · Townhouse2,596 sq ft⃃ 3,600,000Primary · Ready
27/12/2023Newbridge Hill 11 bed · Apartment1,416 sq ft⃃ 850,000Resale · Ready
25/12/2023Shakespeare Circus 32 beds · Apartment1,703 sq ft⃃ 1,240,000Resale · Ready
21/12/2023Motor CityPlot92,251 sq ft⃃ 1,800,000Resale · Ready
21/12/2023Apex AtriumCommercial1,429 sq ft⃃ 1,050,000Resale · Ready
20/12/2023Shakespeare Circus 32 beds · Apartment1,961 sq ft⃃ 1,300,000Resale · Ready
19/12/2023Motor City4 beds · Villa4,035 sq ft⃃ 3,925,000Resale · Ready
19/12/2023Fox Hill 41 bed · Apartment1,425 sq ft⃃ 766,655Resale · 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/al-hebiah-first/2023
Al Hebiah First Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-hebiah-first/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 Al Hebiah First in 2023?
846 property sales worth ⃃ 1,301,338,396 were registered in Al Hebiah First in 2023. That is 119.7% higher than 2022.
What was the median property price in Al Hebiah First in 2023?
The median sale price was ⃃ 824,888 and the median price per square foot ⃃ 787 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Al Hebiah First were off-plan or from developers?
Developer (primary) sales were 46.8% of the 846 sales and resales 53.2%. Off-plan units made up 41% and ready units 59%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/al-hebiah-first/2023