Project · Transactions · 2023

Damac Bay 2 Property Transactions 2023

349 property sales worth ⃃ 2.2B were registered in Damac Bay 2 in 2023, with no comparable figure for 2022 by number of sales. The median sale price was ⃃ 3,911,000 and the median price per square foot ⃃ 4,216.

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 349 salesUpdated: 18 Oct 2026
Property sales
349
1 Jan – 31 Dec 2023
Total value
⃃ 2.2B
1 Jan – 31 Dec 2023
Median sale price
⃃ 3,911,000
349 sales
Median price per sq ft
⃃ 4,216
349 sales

What types of property sold in Damac Bay 2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments34899.7%⃃ 1.7B⃃ 3,899,000⃃ 4,216

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)34899.7%⃃ 2.1B⃃ 3,899,000⃃ 4,217
Resale (secondary)10.3%⃃ 4.85M⃃ 4,849,000⃃ 4,191
Off-plan34899.7%⃃ 1.7B⃃ 3,899,000⃃ 4,216
Ready10.3%⃃ 444.99M⃃ 444,991,275⃃ 6,790

What were the most expensive property sales in Damac Bay 2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/04/2023Damac Bay 2Plot65,533 sq ft⃃ 444,991,275Primary · Ready
28/12/2023Damac Bay 2 Tower B4 beds · Apartment5,870 sq ft⃃ 29,364,000Primary · Off-plan
26/12/2023Damac Bay 2 Tower B3 beds · Apartment3,086 sq ft⃃ 15,420,000Primary · Off-plan
26/12/2023Damac Bay 2 Tower A3 beds · Apartment3,050 sq ft⃃ 15,080,000Primary · Off-plan
26/12/2023Damac Bay 2 Tower B3 beds · Apartment3,322 sq ft⃃ 11,747,000Primary · Off-plan
12/10/2023Damac Bay 2 Tower A3 beds · Apartment3,222 sq ft⃃ 10,931,900Primary · Off-plan
28/12/2023Damac Bay 2 Tower B3 beds · Apartment2,200 sq ft⃃ 9,631,710Primary · Off-plan
17/10/2023Damac Bay 2 Tower B3 beds · Apartment2,202 sq ft⃃ 9,585,000Primary · Off-plan
25/12/2023Damac Bay 2 Tower A3 beds · Apartment2,195 sq ft⃃ 9,475,000Primary · Off-plan
26/12/2023Damac Bay 2 Tower A3 beds · Apartment2,214 sq ft⃃ 9,465,000Primary · Off-plan

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/damac-bay-2/2023
Damac Bay 2 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/damac-bay-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 Damac Bay 2 in 2023?
349 property sales worth ⃃ 2,151,403,325 were registered in Damac Bay 2 in 2023. That is with no comparable figure for 2022.
What was the median property price in Damac Bay 2 in 2023?
The median sale price was ⃃ 3,911,000 and the median price per square foot ⃃ 4,216 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Damac Bay 2 were off-plan or from developers?
Developer (primary) sales were 99.7% of the 349 sales and resales 0.3%. Off-plan units made up 99.7% and ready units 0.3%. Primary/resale and off-plan/ready are different splits.

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