Project · Transactions · 2023

Alwan Residence 1 Property Transactions 2023

20 property sales worth ⃃ 10.58M were registered in Alwan Residence 1 in 2023, 17.6% higher than 2022 by number of sales. The median sale price was ⃃ 376,363 and the median price per square foot ⃃ 750 (0.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 20 salesUpdated: 17 Oct 2026
Property sales
20
+17.6% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 10.58M
+22.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 376,363
0.0% vs 2022
20 sales
Median price per sq ft
⃃ 750
0.0% vs 2022
20 sales

What types of property sold in Alwan Residence 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments20100%⃃ 10.58M⃃ 376,363⃃ 750

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)20100%⃃ 10.58M⃃ 376,363⃃ 750
Ready20100%⃃ 10.58M⃃ 376,363⃃ 750

How many rental contracts were registered in Alwan Residence 1 in 2023?

390 rental contracts (new and renewed) were registered in Alwan Residence 1 in 2023, at a median annual rent of ⃃ 38,500 (+4.2% on 2022). Rental yields in Alwan Residence 1

What were the most expensive property sales in Alwan Residence 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/02/2023Alwan Residence 12 beds · Apartment1,307 sq ft⃃ 979,901Primary · Ready
20/02/2023Alwan Residence 12 beds · Apartment1,305 sq ft⃃ 978,932Primary · Ready
20/02/2023Alwan Residence 11 bed · Apartment986 sq ft⃃ 739,648Primary · Ready
20/02/2023Alwan Residence 11 bed · Apartment985 sq ft⃃ 738,922Primary · Ready
20/02/2023Alwan Residence 11 bed · Apartment975 sq ft⃃ 731,252Primary · Ready
20/02/2023Alwan Residence 11 bed · Apartment963 sq ft⃃ 722,211Primary · Ready
20/02/2023Alwan Residence 11 bed · Apartment833 sq ft⃃ 624,527Primary · Ready
20/02/2023Alwan Residence 11 bed · Apartment832 sq ft⃃ 624,204Primary · Ready
20/02/2023Alwan Residence 1Studio · Apartment502 sq ft⃃ 376,767Primary · Ready
20/02/2023Alwan Residence 1Studio · Apartment502 sq ft⃃ 376,767Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
20/02/2023Alwan Residence 1Studio · Apartment500 sq ft⃃ 374,829Primary · Ready
20/02/2023Alwan Residence 1Studio · Apartment500 sq ft⃃ 374,829Primary · Ready
20/02/2023Alwan Residence 11 bed · Apartment986 sq ft⃃ 739,648Primary · Ready
20/02/2023Alwan Residence 11 bed · Apartment985 sq ft⃃ 738,922Primary · Ready
20/02/2023Alwan Residence 1Studio · Apartment432 sq ft⃃ 324,050Primary · Ready
20/02/2023Alwan Residence 11 bed · Apartment975 sq ft⃃ 731,252Primary · Ready
20/02/2023Alwan Residence 1Studio · Apartment501 sq ft⃃ 375,960Primary · Ready
20/02/2023Alwan Residence 12 beds · Apartment1,305 sq ft⃃ 978,932Primary · Ready
20/02/2023Alwan Residence 12 beds · Apartment1,307 sq ft⃃ 979,901Primary · Ready
20/02/2023Alwan Residence 1Studio · Apartment499 sq ft⃃ 374,506Primary · 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/alwan-residence-1/2023
Alwan Residence 1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/alwan-residence-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 Alwan Residence 1 in 2023?
20 property sales worth ⃃ 10,575,065 were registered in Alwan Residence 1 in 2023. That is 17.6% higher than 2022.
What was the median property price in Alwan Residence 1 in 2023?
The median sale price was ⃃ 376,363 and the median price per square foot ⃃ 750 (1 Jan – 31 Dec 2023).

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