Project · Transactions · 2023

Dms Property Transactions 2023

123 property sales worth ⃃ 70.87M were registered in Dms in 2023, 6050.0% higher than 2022 by number of sales. The median sale price was ⃃ 576,681 and the median price per square foot ⃃ 830 (+160.3% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 123 salesUpdated: 18 Oct 2026
Property sales
123
+6050.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 70.87M
+336.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 576,681
−92.9% vs 2022
123 sales
Median price per sq ft
⃃ 830
+160.3% vs 2022
123 sales

What types of property sold in Dms in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments123100%⃃ 70.87M⃃ 576,681⃃ 830

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)11593.5%⃃ 65M⃃ 576,681⃃ 830
Resale (secondary)86.5%⃃ 5.87M⃃ 715,286⃃ 1,361
Ready123100%⃃ 70.87M⃃ 576,681⃃ 830

How many rental contracts were registered in Dms in 2023?

55 rental contracts (new and renewed) were registered in Dms in 2023, at a median annual rent of ⃃ 42,000 (−6.7% on 2022). Rental yields in Dms

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/03/2023Dms2 beds · Apartment1,565 sq ft⃃ 1,298,605Primary · Ready
20/03/2023Dms2 beds · Apartment1,838 sq ft⃃ 1,274,215Primary · Ready
17/03/2023Dms2 beds · Apartment1,728 sq ft⃃ 1,183,385Primary · Ready
20/03/2023Dms2 beds · Apartment1,588 sq ft⃃ 1,112,283Primary · Ready
08/12/2023Dms1 bed · Apartment817 sq ft⃃ 1,069,912Resale · Ready
20/03/2023Dms1 bed · Apartment1,163 sq ft⃃ 976,802Primary · Ready
20/03/2023Dms1 bed · Apartment1,268 sq ft⃃ 954,416Primary · Ready
25/05/2023Dms1 bed · Apartment758 sq ft⃃ 951,387Resale · Ready
08/12/2023Dms1 bed · Apartment704 sq ft⃃ 946,109Resale · Ready
20/03/2023Dms1 bed · Apartment1,208 sq ft⃃ 875,480Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
22/12/2023DmsStudio · Apartment407 sq ft⃃ 523,411Resale · Ready
15/12/2023Dms1 bed · Apartment614 sq ft⃃ 869,892Resale · Ready
08/12/2023Dms1 bed · Apartment817 sq ft⃃ 1,069,912Resale · Ready
08/12/2023Dms1 bed · Apartment704 sq ft⃃ 946,109Resale · Ready
28/07/2023DmsStudio · Apartment380 sq ft⃃ 560,679Resale · Ready
21/06/2023DmsStudio · Apartment293 sq ft⃃ 426,077Resale · Ready
25/05/2023Dms1 bed · Apartment758 sq ft⃃ 951,387Resale · Ready
25/05/2023DmsStudio · Apartment380 sq ft⃃ 523,998Resale · Ready
24/03/2023DmsStudio · Apartment303 sq ft⃃ 251,271Primary · Ready
21/03/2023DmsStudio · Apartment318 sq ft⃃ 263,866Primary · 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/dms/2023
Dms Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/dms/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 Dms in 2023?
123 property sales worth ⃃ 70,871,461 were registered in Dms in 2023. That is 6050.0% higher than 2022.
What was the median property price in Dms in 2023?
The median sale price was ⃃ 576,681 and the median price per square foot ⃃ 830 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Dms were off-plan or from developers?
Developer (primary) sales were 93.5% of the 123 sales and resales 6.5%. Primary/resale and off-plan/ready are different splits.

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