Project · Transactions · 2023

Dt 1 Property Transactions 2023

26 property sales worth ⃃ 63.86M were registered in Dt 1 in 2023, 52.9% higher than 2022 by number of sales. The median sale price was ⃃ 2,210,670 and the median price per square foot ⃃ 2,179 (+6.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 26 salesUpdated: 18 Oct 2026
Property sales
26
+52.9% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 63.86M
+10.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,210,670
−30.4% vs 2022
26 sales
Median price per sq ft
⃃ 2,179
+6.1% vs 2022
26 sales

What types of property sold in Dt 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments26100%⃃ 63.86M⃃ 2,210,670⃃ 2,179

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)415.4%⃃ 8.14M⃃ 2,210,670⃃ 1,448
Resale (secondary)2284.6%⃃ 55.72M⃃ 2,207,500⃃ 2,226
Ready26100%⃃ 63.86M⃃ 2,210,670⃃ 2,179

How many rental contracts were registered in Dt 1 in 2023?

80 rental contracts (new and renewed) were registered in Dt 1 in 2023, at a median annual rent of ⃃ 156,432 (+7.9% on 2022). Rental yields in Dt 1

What were the most expensive property sales in Dt 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/05/2023Dt 13 beds · Apartment3,938 sq ft⃃ 7,000,000Resale · Ready
06/10/2023Dt 12 beds · Apartment1,707 sq ft⃃ 3,800,000Resale · Ready
01/05/2023Dt 12 beds · Apartment1,527 sq ft⃃ 3,425,000Resale · Ready
05/06/2023Dt 12 beds · Apartment1,527 sq ft⃃ 3,425,000Resale · Ready
10/04/2023Dt 12 beds · Apartment1,527 sq ft⃃ 3,400,000Resale · Ready
07/06/2023Dt 12 beds · Apartment1,527 sq ft⃃ 3,400,000Resale · Ready
05/01/2023Dt 12 beds · Apartment1,527 sq ft⃃ 3,125,000Resale · Ready
24/07/2023Dt 12 beds · Apartment1,527 sq ft⃃ 3,060,000Resale · Ready
06/12/2023Dt 11 bed · Apartment1,036 sq ft⃃ 2,500,000Resale · Ready
27/04/2023Dt 11 bed · Apartment1,036 sq ft⃃ 2,300,000Resale · 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/dt-1/2023
Dt 1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/dt-1/2023

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 Dt 1 in 2023?
26 property sales worth ⃃ 63,856,428 were registered in Dt 1 in 2023. That is 52.9% higher than 2022.
What was the median property price in Dt 1 in 2023?
The median sale price was ⃃ 2,210,670 and the median price per square foot ⃃ 2,179 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Dt 1 were off-plan or from developers?
Developer (primary) sales were 15.4% of the 26 sales and resales 84.6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/dt-1/2023