Project · Transactions · 2023

Bay Residences Dubai Islands Property Transactions 2023

283 property sales worth ⃃ 1.5B were registered in Bay Residences Dubai Islands in 2023, with no comparable figure for 2022 by number of sales. The median sale price was ⃃ 4,284,800 and the median price per square foot ⃃ 2,510.

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 283 salesUpdated: 19 Oct 2026
Property sales
283
1 Jan – 31 Dec 2023
Total value
⃃ 1.5B
1 Jan – 31 Dec 2023
Median sale price
⃃ 4,284,800
283 sales
Median price per sq ft
⃃ 2,510
283 sales

What types of property sold in Bay Residences Dubai Islands in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments283100%⃃ 1.5B⃃ 4,284,800⃃ 2,510

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)28299.6%⃃ 1.5B⃃ 4,284,800⃃ 2,510
Resale (secondary)10.4%⃃ 2.5M⃃ 2,500,000⃃ 2,495
Off-plan283100%⃃ 1.5B⃃ 4,284,800⃃ 2,510

What were the most expensive property sales in Bay Residences Dubai Islands in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/06/2023Bay Residences Dubai IslandsApartment312,918 sq ft⃃ 167,876,820Primary · Off-plan
01/12/2023Bay Residences Dubai Islands - A44 beds · Apartment11,507 sq ft⃃ 18,889,800Primary · Off-plan
16/11/2023Bay Residences Dubai Islands - A14 beds · Apartment11,064 sq ft⃃ 15,768,000Primary · Off-plan
15/11/2023Bay Residences Dubai Islands - Beach Houses3 beds · Apartment6,758 sq ft⃃ 12,798,800Primary · Off-plan
16/11/2023Bay Residences Dubai Islands - Beach Houses2 beds · Apartment5,163 sq ft⃃ 10,578,800Primary · Off-plan
16/11/2023Bay Residences Dubai Islands - Beach Houses2 beds · Apartment4,221 sq ft⃃ 9,506,800Primary · Off-plan
01/12/2023Bay Residences Dubai Islands - Beach Houses2 beds · Apartment4,221 sq ft⃃ 9,486,800Primary · Off-plan
13/11/2023Bay Residences Dubai Islands - Beach Houses2 beds · Apartment4,199 sq ft⃃ 9,475,800Primary · Off-plan
13/11/2023Bay Residences Dubai Islands - Beach Houses2 beds · Apartment4,220 sq ft⃃ 9,475,800Primary · Off-plan
09/11/2023Bay Residences Dubai Islands - Beach Houses2 beds · Apartment4,220 sq ft⃃ 9,475,800Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
26/12/2023Bay Residences Dubai Islands - A21 bed · Apartment1,246 sq ft⃃ 2,852,800Primary · Off-plan
20/12/2023Bay Residences Dubai Islands - A31 bed · Apartment1,008 sq ft⃃ 2,306,800Primary · Off-plan
20/12/2023Bay Residences Dubai Islands - A42 beds · Apartment1,504 sq ft⃃ 4,284,800Primary · Off-plan
16/12/2023Bay Residences Dubai Islands - A41 bed · Apartment1,209 sq ft⃃ 3,038,800Primary · Off-plan
15/12/2023Bay Residences Dubai Islands - A41 bed · Apartment1,234 sq ft⃃ 3,100,800Primary · Off-plan
15/12/2023Bay Residences Dubai Islands - A21 bed · Apartment1,296 sq ft⃃ 2,739,800Primary · Off-plan
15/12/2023Bay Residences Dubai Islands - A32 beds · Apartment1,503 sq ft⃃ 4,284,800Primary · Off-plan
15/12/2023Bay Residences Dubai Islands - A32 beds · Apartment1,689 sq ft⃃ 3,841,800Primary · Off-plan
15/12/2023Bay Residences Dubai Islands - A32 beds · Apartment1,974 sq ft⃃ 5,623,800Primary · Off-plan
15/12/2023Bay Residences Dubai Islands - A42 beds · Apartment1,699 sq ft⃃ 4,253,800Primary · Off-plan

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/bay-residences-dubai-islands/2023
Bay Residences Dubai Islands Property Transactions 2023. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/bay-residences-dubai-islands/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 Bay Residences Dubai Islands in 2023?
283 property sales worth ⃃ 1,487,405,059 were registered in Bay Residences Dubai Islands in 2023. That is with no comparable figure for 2022.
What was the median property price in Bay Residences Dubai Islands in 2023?
The median sale price was ⃃ 4,284,800 and the median price per square foot ⃃ 2,510 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Bay Residences Dubai Islands were off-plan or from developers?
Developer (primary) sales were 99.6% of the 283 sales and resales 0.4%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/bay-residences-dubai-islands/2023