Building · Transactions · 2023

Avenue Residence 2 Property Transactions 2023

10 property sales worth ⃃ 12.03M were registered in Avenue Residence 2 in 2023, 25.0% higher than 2022 by number of sales. The median sale price was ⃃ 1,285,000 and the median price per square foot ⃃ 804 (+5.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 10 salesUpdated: 18 Oct 2026
Property sales
10
+25.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 12.03M
+35.4% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,285,000
+15.8% vs 2022
10 sales
Median price per sq ft
⃃ 804
+5.7% vs 2022
10 sales

What types of property sold in Avenue Residence 2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments10100%⃃ 12.03M⃃ 1,285,000⃃ 804

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)10100%⃃ 12.03M⃃ 1,285,000⃃ 804
Ready10100%⃃ 12.03M⃃ 1,285,000⃃ 804

How many rental contracts were registered in Avenue Residence 2 in 2023?

61 rental contracts (new and renewed) were registered in Avenue Residence 2 in 2023, at a median annual rent of ⃃ 75,000 (+7.1% on 2022). Rental yields in Avenue Residence 2

What were the most expensive property sales in Avenue Residence 2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
21/08/2023Avenue Residence 22 beds · Apartment1,817 sq ft⃃ 1,700,000Resale · Ready
09/05/2023Avenue Residence 23 beds · Apartment2,019 sq ft⃃ 1,585,000Resale · Ready
13/04/2023Avenue Residence 23 beds · Apartment2,018 sq ft⃃ 1,465,000Resale · Ready
23/02/2023Avenue Residence 23 beds · Apartment2,015 sq ft⃃ 1,460,000Resale · Ready
14/07/2023Avenue Residence 22 beds · Apartment1,484 sq ft⃃ 1,300,000Resale · Ready
22/11/2023Avenue Residence 22 beds · Apartment1,324 sq ft⃃ 1,270,000Resale · Ready
18/09/2023Avenue Residence 22 beds · Apartment1,226 sq ft⃃ 1,200,000Resale · Ready
06/03/2023Avenue Residence 21 bed · Apartment881 sq ft⃃ 710,000Resale · Ready
25/01/2023Avenue Residence 21 bed · Apartment835 sq ft⃃ 670,000Resale · Ready
06/01/2023Avenue Residence 21 bed · Apartment835 sq ft⃃ 670,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
22/11/2023Avenue Residence 22 beds · Apartment1,324 sq ft⃃ 1,270,000Resale · Ready
18/09/2023Avenue Residence 22 beds · Apartment1,226 sq ft⃃ 1,200,000Resale · Ready
21/08/2023Avenue Residence 22 beds · Apartment1,817 sq ft⃃ 1,700,000Resale · Ready
14/07/2023Avenue Residence 22 beds · Apartment1,484 sq ft⃃ 1,300,000Resale · Ready
09/05/2023Avenue Residence 23 beds · Apartment2,019 sq ft⃃ 1,585,000Resale · Ready
13/04/2023Avenue Residence 23 beds · Apartment2,018 sq ft⃃ 1,465,000Resale · Ready
06/03/2023Avenue Residence 21 bed · Apartment881 sq ft⃃ 710,000Resale · Ready
23/02/2023Avenue Residence 23 beds · Apartment2,015 sq ft⃃ 1,460,000Resale · Ready
25/01/2023Avenue Residence 21 bed · Apartment835 sq ft⃃ 670,000Resale · Ready
06/01/2023Avenue Residence 21 bed · Apartment835 sq ft⃃ 670,000Resale · 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/avenue-residence-2/2023
Avenue Residence 2 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/avenue-residence-2/2023

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 Avenue Residence 2 in 2023?
10 property sales worth ⃃ 12,030,000 were registered in Avenue Residence 2 in 2023. That is 25.0% higher than 2022.
What was the median property price in Avenue Residence 2 in 2023?
The median sale price was ⃃ 1,285,000 and the median price per square foot ⃃ 804 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/avenue-residence-2/2023