Project · Transactions · 2023

Binghatti Crest Property Transactions 2023

87 property sales worth ⃃ 73.72M were registered in Binghatti Crest in 2023, 8.4% lower than 2022 by number of sales. The median sale price was ⃃ 833,000 and the median price per square foot ⃃ 850 (−2.8% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 87 salesUpdated: 18 Oct 2026
Property sales
87
−8.4% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 73.72M
+3.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 833,000
+38.8% vs 2022
87 sales
Median price per sq ft
⃃ 850
−2.8% vs 2022
87 sales

What types of property sold in Binghatti Crest in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments8698.9%⃃ 70.43M⃃ 833,000⃃ 848
Commercial11.1%⃃ 3.29M⃃ 3,285,228⃃ 1,234

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)7080.5%⃃ 54.45M⃃ 782,500⃃ 811
Resale (secondary)1719.5%⃃ 19.27M⃃ 1,203,430⃃ 1,127
Off-plan8698.9%⃃ 72.54M⃃ 833,000⃃ 848
Ready11.1%⃃ 1.18M⃃ 1,180,000⃃ 1,229

How many rental contracts were registered in Binghatti Crest in 2023?

2 rental contracts (new and renewed) were registered in Binghatti Crest in 2023, at a median annual rent of ⃃ 87,500. Rental yields in Binghatti Crest

What were the most expensive property sales in Binghatti Crest in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
03/07/2023Binghatti CrestCommercial2,663 sq ft⃃ 3,285,228Primary · Off-plan
22/11/2023Binghatti Crest3 beds · Apartment1,222 sq ft⃃ 1,500,000Resale · Off-plan
09/10/2023Binghatti Crest3 beds · Apartment1,236 sq ft⃃ 1,475,000Resale · Off-plan
02/08/2023Binghatti Crest3 beds · Apartment1,220 sq ft⃃ 1,375,000Resale · Off-plan
22/09/2023Binghatti Crest3 beds · Apartment1,236 sq ft⃃ 1,375,000Resale · Off-plan
22/05/2023Binghatti Crest3 beds · Apartment1,220 sq ft⃃ 1,350,000Resale · Off-plan
21/11/2023Binghatti Crest3 beds · Apartment1,234 sq ft⃃ 1,350,000Resale · Off-plan
07/11/2023Binghatti Crest3 beds · Apartment1,220 sq ft⃃ 1,350,000Resale · Off-plan
20/12/2023Binghatti Crest2 beds · Apartment962 sq ft⃃ 1,250,000Resale · Off-plan
22/02/2023Binghatti Crest3 beds · Apartment1,234 sq ft⃃ 1,203,430Resale · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Binghatti Crest2 beds · Apartment960 sq ft⃃ 1,180,000Resale · Ready
20/12/2023Binghatti Crest2 beds · Apartment962 sq ft⃃ 1,250,000Resale · Off-plan
11/12/2023Binghatti Crest1 bed · Apartment631 sq ft⃃ 730,000Resale · Off-plan
07/12/2023Binghatti Crest1 bed · Apartment640 sq ft⃃ 770,000Resale · Off-plan
06/12/2023Binghatti Crest1 bed · Apartment640 sq ft⃃ 720,000Resale · Off-plan
22/11/2023Binghatti Crest3 beds · Apartment1,222 sq ft⃃ 1,500,000Resale · Off-plan
21/11/2023Binghatti Crest3 beds · Apartment1,234 sq ft⃃ 1,350,000Resale · Off-plan
07/11/2023Binghatti Crest3 beds · Apartment1,220 sq ft⃃ 1,350,000Resale · Off-plan
06/11/2023Binghatti Crest2 beds · Apartment962 sq ft⃃ 970,000Resale · Off-plan
25/10/2023Binghatti Crest1 bed · Apartment633 sq ft⃃ 670,000Resale · 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/binghatti-crest/2023
Binghatti Crest Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/binghatti-crest/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 Binghatti Crest in 2023?
87 property sales worth ⃃ 73,716,721 were registered in Binghatti Crest in 2023. That is 8.4% lower than 2022.
What was the median property price in Binghatti Crest in 2023?
The median sale price was ⃃ 833,000 and the median price per square foot ⃃ 850 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Binghatti Crest were off-plan or from developers?
Developer (primary) sales were 80.5% of the 87 sales and resales 19.5%. Off-plan units made up 98.9% and ready units 1.1%. Primary/resale and off-plan/ready are different splits.

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