Project · Transactions · 2023

D1 Property Transactions 2023

40 property sales worth ⃃ 90.25M were registered in D1 in 2023, 5.3% higher than 2022 by number of sales. The median sale price was ⃃ 2,075,000 and the median price per square foot ⃃ 1,456 (+2.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 40 salesUpdated: 17 Oct 2026
Property sales
40
+5.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 90.25M
−19.8% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,075,000
+29.7% vs 2022
40 sales
Median price per sq ft
⃃ 1,456
+2.1% vs 2022
40 sales

What types of property sold in D1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments40100%⃃ 90.25M⃃ 2,075,000⃃ 1,456

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)12.5%⃃ 3.5M⃃ 3,500,000⃃ 1,846
Resale (secondary)3997.5%⃃ 86.75M⃃ 2,050,000⃃ 1,455

How many rental contracts were registered in D1 in 2023?

235 rental contracts (new and renewed) were registered in D1 in 2023, at a median annual rent of ⃃ 115,000 (+9.5% on 2022). Rental yields in D1

What were the most expensive property sales in D1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/09/2023D13 beds · Apartment3,663 sq ft⃃ 5,000,000Resale · Ready
06/12/2023D13 beds · Apartment2,920 sq ft⃃ 5,000,000Resale · Ready
11/12/2023D13 beds · Apartment2,610 sq ft⃃ 4,750,000Resale · Ready
12/10/2023D13 beds · Apartment2,786 sq ft⃃ 4,000,000Resale · Ready
11/12/2023D12 beds · Apartment2,557 sq ft⃃ 3,550,000Resale · Ready
31/10/2023D13 beds · Apartment1,896 sq ft⃃ 3,500,000Primary · Ready
25/10/2023D13 beds · Apartment2,282 sq ft⃃ 3,300,000Resale · Ready
04/04/2023D13 beds · Apartment1,896 sq ft⃃ 3,100,000Resale · Ready
10/07/2023D13 beds · Apartment1,744 sq ft⃃ 2,750,000Resale · Ready
06/11/2023D13 beds · Apartment1,744 sq ft⃃ 2,650,000Resale · 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/d1/2023
D1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/d1/2023

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 D1 in 2023?
40 property sales worth ⃃ 90,251,850 were registered in D1 in 2023. That is 5.3% higher than 2022.
What was the median property price in D1 in 2023?
The median sale price was ⃃ 2,075,000 and the median price per square foot ⃃ 1,456 (1 Jan – 31 Dec 2023).
What share of 2023 sales in D1 were off-plan or from developers?
Developer (primary) sales were 2.5% of the 40 sales and resales 97.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/d1/2023