Project · Transactions · 2023

Azure Property Transactions 2023

12 property sales worth ⃃ 18.38M were registered in Azure in 2023, 7.7% lower than 2022 by number of sales. The median sale price was ⃃ 1,440,000 and the median price per square foot ⃃ 867 (+8.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 12 salesUpdated: 18 Oct 2026
Property sales
12
−7.7% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 18.38M
+5.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,440,000
+2.9% vs 2022
12 sales
Median price per sq ft
⃃ 867
+8.9% vs 2022
12 sales

What types of property sold in Azure in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments12100%⃃ 18.38M⃃ 1,440,000⃃ 867

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)12100%⃃ 18.38M⃃ 1,440,000⃃ 867
Ready12100%⃃ 18.38M⃃ 1,440,000⃃ 867

How many rental contracts were registered in Azure in 2023?

44 rental contracts (new and renewed) were registered in Azure in 2023, at a median annual rent of ⃃ 78,875 (+19.5% on 2022). Rental yields in Azure

What were the most expensive property sales in Azure in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
06/07/2023Azure4 beds · Apartment2,773 sq ft⃃ 2,275,000Resale · Ready
27/02/2023Azure4 beds · Apartment2,886 sq ft⃃ 2,200,000Resale · Ready
31/03/2023Azure2 beds · Apartment1,732 sq ft⃃ 2,175,000Resale · Ready
01/08/2023Azure3 beds · Apartment2,081 sq ft⃃ 1,825,000Resale · Ready
05/01/2023Azure1 bed · Apartment809 sq ft⃃ 1,650,000Resale · Ready
01/09/2023Azure2 beds · Apartment1,732 sq ft⃃ 1,450,000Resale · Ready
25/06/2023Azure2 beds · Apartment1,749 sq ft⃃ 1,430,000Resale · Ready
05/09/2023Azure1 bed · Apartment821 sq ft⃃ 1,400,000Resale · Ready
09/08/2023Azure1 bed · Apartment867 sq ft⃃ 1,400,000Resale · Ready
14/08/2023Azure1 bed · Apartment1,166 sq ft⃃ 1,000,000Resale · Ready

What were the last registered sales of 2023?

No transactions on record for this selection.

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/azure/2023
Azure Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/azure/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 Azure in 2023?
12 property sales worth ⃃ 18,380,000 were registered in Azure in 2023. That is 7.7% lower than 2022.
What was the median property price in Azure in 2023?
The median sale price was ⃃ 1,440,000 and the median price per square foot ⃃ 867 (1 Jan – 31 Dec 2023).

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