Master Project · Transactions · 2023

Dubai Silicon Oasis Property Transactions 2023

1,817 property sales worth ⃃ 1.4B were registered in Dubai Silicon Oasis in 2023, 68.6% higher than 2022 by number of sales. The median sale price was ⃃ 495,000 and the median price per square foot ⃃ 678 (+9.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 1,817 salesUpdated: 18 Oct 2026
Property sales
1,817
+68.6% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 1.4B
−5.2% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 495,000
+7.6% vs 2022
1,817 sales
Median price per sq ft
⃃ 678
+9.0% vs 2022
1,817 sales

What types of property sold in Dubai Silicon Oasis in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1,63790.1%⃃ 953.58M⃃ 483,000⃃ 692
Villas372%⃃ 141.44M⃃ 3,700,000⃃ 926
Commercial1337.3%⃃ 87.43M⃃ 552,766⃃ 464

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)53429.4%⃃ 598.93M⃃ 764,644⃃ 1,002
Resale (secondary)1,28370.6%⃃ 811.08M⃃ 450,000⃃ 636
Off-plan52428.8%⃃ 403.64M⃃ 802,969⃃ 1,002
Ready1,29371.2%⃃ 1B⃃ 450,000⃃ 620

How many rental contracts were registered in Dubai Silicon Oasis in 2023?

19,532 rental contracts (new and renewed) were registered in Dubai Silicon Oasis in 2023, at a median annual rent of ⃃ 43,000 (+13.2% on 2022). Rental yields in Dubai Silicon Oasis

What were the most expensive property sales in Dubai Silicon Oasis in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
02/02/2023Dubai Silicon OasisPlot53,026 sq ft⃃ 83,000,000Primary · Ready
16/05/2023Dubai Silicon OasisPlot129,269 sq ft⃃ 22,910,714Primary · Ready
11/07/2023Dubai Silicon OasisPlot126,057 sq ft⃃ 22,060,804Primary · Ready
23/02/2023Dubai Silicon OasisPlot128,338 sq ft⃃ 21,354,300Primary · Ready
19/07/2023Pearls By VisionPlot37,674 sq ft⃃ 14,700,000Primary · Ready
23/01/2023Altia OnePlot49,973 sq ft⃃ 14,200,000Resale · Ready
16/11/2023Dubai Silicon OasisPlot29,675 sq ft⃃ 13,900,000Resale · Ready
25/05/2023Dubai Silicon OasisPlot109,753 sq ft⃃ 13,445,254Primary · Ready
16/11/2023Dubai Silicon OasisPlot53,701 sq ft⃃ 11,200,000Resale · Ready
15/05/2023Dubai Silicon OasisPlot54,004 sq ft⃃ 10,797,342Primary · 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/dubai-silicon-oasis/2023
Dubai Silicon Oasis Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/dubai-silicon-oasis/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 Dubai Silicon Oasis in 2023?
1,817 property sales worth ⃃ 1,410,009,435 were registered in Dubai Silicon Oasis in 2023. That is 68.6% higher than 2022.
What was the median property price in Dubai Silicon Oasis in 2023?
The median sale price was ⃃ 495,000 and the median price per square foot ⃃ 678 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Dubai Silicon Oasis were off-plan or from developers?
Developer (primary) sales were 29.4% of the 1,817 sales and resales 70.6%. Off-plan units made up 28.8% and ready units 71.2%. Primary/resale and off-plan/ready are different splits.

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