Project · Transactions · 2023

Al Nakheel Property Transactions 2023

14 property sales worth ⃃ 20.59M were registered in Al Nakheel in 2023, 12.5% lower than 2022 by number of sales. The median sale price was ⃃ 1,603,750 and the median price per square foot ⃃ 1,113 (+13.8% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 14 salesUpdated: 18 Oct 2026
Property sales
14
−12.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 20.59M
−9.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,603,750
+12.5% vs 2022
14 sales
Median price per sq ft
⃃ 1,113
+13.8% vs 2022
14 sales

What types of property sold in Al Nakheel in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments14100%⃃ 20.59M⃃ 1,603,750⃃ 1,113

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
Resale (secondary)14100%⃃ 20.59M⃃ 1,603,750⃃ 1,113
Ready14100%⃃ 20.59M⃃ 1,603,750⃃ 1,113

How many rental contracts were registered in Al Nakheel in 2023?

170 rental contracts (new and renewed) were registered in Al Nakheel in 2023, at a median annual rent of ⃃ 90,000 (+20.0% on 2022). Rental yields in Al Nakheel

What were the most expensive property sales in Al Nakheel in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/12/2023Alnakheel 12 beds · Apartment1,622 sq ft⃃ 2,010,000Resale · Ready
21/02/2023Al Nakheel 43 beds · Apartment2,079 sq ft⃃ 1,800,000Resale · Ready
17/11/2023Al Nakheel 22 beds · Apartment1,622 sq ft⃃ 1,800,000Resale · Ready
26/10/2023Alnakheel 12 beds · Apartment1,408 sq ft⃃ 1,675,000Resale · Ready
01/12/2023Alnakheel 12 beds · Apartment1,622 sq ft⃃ 1,663,000Resale · Ready
26/09/2023Al Nakheel 4Apartment1,415 sq ft⃃ 1,650,000Resale · Ready
12/06/2023Al Nakheel 22 beds · Apartment1,622 sq ft⃃ 1,627,500Resale · Ready
23/03/2023Al Nakheel 42 beds · Apartment1,622 sq ft⃃ 1,580,000Resale · Ready
04/07/2023Al Nakheel 22 beds · Apartment1,408 sq ft⃃ 1,530,000Resale · Ready
15/08/2023Al Nakheel 21 bed · Apartment926 sq ft⃃ 1,150,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
14/12/2023Alnakheel 12 beds · Apartment1,622 sq ft⃃ 2,010,000Resale · Ready
01/12/2023Alnakheel 12 beds · Apartment1,622 sq ft⃃ 1,663,000Resale · Ready
21/11/2023Al Nakheel 2Apartment680 sq ft⃃ 950,000Resale · Ready
17/11/2023Al Nakheel 22 beds · Apartment1,622 sq ft⃃ 1,800,000Resale · Ready
26/10/2023Alnakheel 12 beds · Apartment1,408 sq ft⃃ 1,675,000Resale · Ready
17/10/2023Alnakheel 11 bed · Apartment985 sq ft⃃ 1,100,000Resale · Ready
26/09/2023Al Nakheel 4Apartment1,415 sq ft⃃ 1,650,000Resale · Ready
15/08/2023Al Nakheel 21 bed · Apartment926 sq ft⃃ 1,150,000Resale · Ready
04/07/2023Al Nakheel 22 beds · Apartment1,408 sq ft⃃ 1,530,000Resale · Ready
12/06/2023Al Nakheel 22 beds · Apartment1,622 sq ft⃃ 1,627,500Resale · 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-nakheel/2023
Al Nakheel Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-nakheel/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 Nakheel in 2023?
14 property sales worth ⃃ 20,585,500 were registered in Al Nakheel in 2023. That is 12.5% lower than 2022.
What was the median property price in Al Nakheel in 2023?
The median sale price was ⃃ 1,603,750 and the median price per square foot ⃃ 1,113 (1 Jan – 31 Dec 2023).

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