Area · Transactions · 2023

Al Thanyah Third Property Transactions 2023

936 property sales worth ⃃ 2.1B were registered in Al Thanyah Third in 2023, 8.1% lower than 2022 by number of sales. The median sale price was ⃃ 1,700,000 and the median price per square foot ⃃ 1,389 (+6.4% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 936 salesUpdated: 18 Oct 2026
Property sales
936
−8.1% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 2.1B
−9.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,700,000
−2.6% vs 2022
936 sales
Median price per sq ft
⃃ 1,389
+6.4% vs 2022
936 sales

What types of property sold in Al Thanyah Third in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments81086.5%⃃ 1.4B⃃ 1,500,000⃃ 1,346
Villas313.3%⃃ 312.73M⃃ 7,300,000⃃ 1,975
Commercial171.8%⃃ 46.75M⃃ 2,200,000⃃ 1,927

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)758%⃃ 210.63M⃃ 2,021,630⃃ 1,768
Resale (secondary)86192%⃃ 1.9B⃃ 1,650,000⃃ 1,365
Off-plan525.6%⃃ 129.83M⃃ 2,026,388⃃ 1,865
Ready88494.4%⃃ 2B⃃ 1,650,000⃃ 1,361

How many rental contracts were registered in Al Thanyah Third in 2023?

5,241 rental contracts (new and renewed) were registered in Al Thanyah Third in 2023, at a median annual rent of ⃃ 99,000 (+16.5% on 2022). Rental yields in Al Thanyah Third

What were the most expensive property sales in Al Thanyah Third in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
06/07/2023The Lakes Hattan 25 beds · Villa11,663 sq ft⃃ 30,600,000Resale · Ready
02/08/2023The Lakes Hattan 24 beds · Villa11,812 sq ft⃃ 25,000,000Primary · Ready
17/07/2023The Lakes Hattan 25 beds · Villa11,287 sq ft⃃ 21,500,000Resale · Ready
21/03/2023The Lakes Hattan 24 beds · Villa11,905 sq ft⃃ 20,000,000Resale · Ready
31/08/2023The Lakes Hattan 24 beds · Villa7,743 sq ft⃃ 17,500,000Resale · Ready
12/07/2023The Lakes Hattan 24 beds · Villa7,634 sq ft⃃ 16,216,439Resale · Ready
20/03/2023The Lakes Hattan 14 beds · Villa6,942 sq ft⃃ 12,510,000Resale · Ready
31/05/2023The Lakes Hattan 34 beds · Villa7,589 sq ft⃃ 12,000,000Primary · Ready
15/03/2023VIDA Residences 1 & 2 - The Hills5 beds · Apartment5,589 sq ft⃃ 10,000,000Resale · Ready
31/07/2023The Lakes Maeen4 beds · Villa5,500 sq ft⃃ 9,250,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Golf Heights1 bed · Apartment760 sq ft⃃ 1,500,000Resale · Off-plan
28/12/2023Al Alka-31 bed · Apartment724 sq ft⃃ 1,060,000Resale · Ready
28/12/2023The Fairways West Tower2 beds · Apartment1,458 sq ft⃃ 2,450,000Resale · Ready
27/12/2023Views 12 beds · Apartment1,408 sq ft⃃ 1,250,000Resale · Ready
27/12/2023Al Arta 31 bed · Apartment805 sq ft⃃ 1,070,000Resale · Ready
27/12/2023Golf Towers T32 beds · Apartment1,305 sq ft⃃ 2,200,000Resale · Ready
27/12/2023Mosela1 bed · Apartment747 sq ft⃃ 1,200,000Resale · Ready
27/12/2023Mosela1 bed · Apartment820 sq ft⃃ 1,200,000Resale · Ready
26/12/2023Samar 31 bed · Apartment755 sq ft⃃ 975,000Resale · Ready
26/12/2023Al Dhafrah-41 bed · Apartment816 sq ft⃃ 1,050,000Resale · 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-thanyah-third/2023
Al Thanyah Third Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-thanyah-third/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 Thanyah Third in 2023?
936 property sales worth ⃃ 2,135,757,167 were registered in Al Thanyah Third in 2023. That is 8.1% lower than 2022.
What was the median property price in Al Thanyah Third in 2023?
The median sale price was ⃃ 1,700,000 and the median price per square foot ⃃ 1,389 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Al Thanyah Third were off-plan or from developers?
Developer (primary) sales were 8% of the 936 sales and resales 92%. Off-plan units made up 5.6% and ready units 94.4%. Primary/resale and off-plan/ready are different splits.

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