Project · Transactions · 2023

Chaimaa Avenue 2 Property Transactions 2023

30 property sales worth ⃃ 30.42M were registered in Chaimaa Avenue 2 in 2023, 55.9% lower than 2022 by number of sales. The median sale price was ⃃ 910,000 and the median price per square foot ⃃ 1,124 (+21.8% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 30 salesUpdated: 19 Oct 2026
Property sales
30
−55.9% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 30.42M
−43.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 910,000
+17.9% vs 2022
30 sales
Median price per sq ft
⃃ 1,124
+21.8% vs 2022
30 sales

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

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2996.7%⃃ 27.22M⃃ 900,000⃃ 1,121
Commercial13.3%⃃ 3.2M⃃ 3,200,000⃃ 1,595

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)620%⃃ 6.6M⃃ 760,000⃃ 951
Resale (secondary)2480%⃃ 23.82M⃃ 925,000⃃ 1,129
Off-plan26.7%⃃ 1.32M⃃ 662,500⃃ 1,126
Ready2893.3%⃃ 29.1M⃃ 925,000⃃ 1,124

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

65 rental contracts (new and renewed) were registered in Chaimaa Avenue 2 in 2023, at a median annual rent of ⃃ 75,000. Rental yields in Chaimaa Avenue 2

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
24/08/2023Chaimaa Avenue 2Commercial2,006 sq ft⃃ 3,200,000Primary · Ready
01/11/2023Chaimaa Avenue 22 beds · Apartment1,238 sq ft⃃ 1,500,000Resale · Ready
14/04/2023Chaimaa Avenue 22 beds · Apartment1,600 sq ft⃃ 1,500,000Resale · Ready
29/05/2023Chaimaa Avenue 22 beds · Apartment1,553 sq ft⃃ 1,500,000Resale · Ready
03/04/2023Chaimaa Avenue 22 beds · Apartment1,239 sq ft⃃ 1,430,000Resale · Ready
30/03/2023Chaimaa Avenue 22 beds · Apartment1,239 sq ft⃃ 1,400,000Resale · Ready
05/06/2023Chaimaa Avenue 22 beds · Apartment1,241 sq ft⃃ 1,400,000Resale · Ready
14/04/2023Chaimaa Avenue 22 beds · Apartment1,237 sq ft⃃ 1,330,000Resale · Ready
11/05/2023Chaimaa Avenue 22 beds · Apartment1,109 sq ft⃃ 1,300,000Resale · Ready
17/05/2023Chaimaa Avenue 22 beds · Apartment1,109 sq ft⃃ 1,280,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
01/12/2023Chaimaa Avenue 2Studio · Apartment462 sq ft⃃ 640,000Resale · Ready
20/11/2023Chaimaa Avenue 21 bed · Apartment1,116 sq ft⃃ 1,000,000Resale · Ready
01/11/2023Chaimaa Avenue 22 beds · Apartment1,238 sq ft⃃ 1,500,000Resale · Ready
09/09/2023Chaimaa Avenue 2Studio · Apartment509 sq ft⃃ 620,000Resale · Ready
24/08/2023Chaimaa Avenue 2Commercial2,006 sq ft⃃ 3,200,000Primary · Ready
28/07/2023Chaimaa Avenue 2Studio · Apartment461 sq ft⃃ 580,000Resale · Ready
26/07/2023Chaimaa Avenue 21 bed · Apartment675 sq ft⃃ 730,000Primary · Ready
12/07/2023Chaimaa Avenue 2Studio · Apartment510 sq ft⃃ 610,000Resale · Ready
13/06/2023Chaimaa Avenue 21 bed · Apartment1,117 sq ft⃃ 1,025,000Primary · Ready
05/06/2023Chaimaa Avenue 22 beds · Apartment1,241 sq ft⃃ 1,400,000Resale · 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/chaimaa-avenue-2/2023
Chaimaa Avenue 2 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/chaimaa-avenue-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 Chaimaa Avenue 2 in 2023?
30 property sales worth ⃃ 30,424,000 were registered in Chaimaa Avenue 2 in 2023. That is 55.9% lower than 2022.
What was the median property price in Chaimaa Avenue 2 in 2023?
The median sale price was ⃃ 910,000 and the median price per square foot ⃃ 1,124 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Chaimaa Avenue 2 were off-plan or from developers?
Developer (primary) sales were 20% of the 30 sales and resales 80%. Off-plan units made up 6.7% and ready units 93.3%. Primary/resale and off-plan/ready are different splits.

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