Master Project · Transactions · 2023

Dubai South Residential District Property Transactions 2023

538 property sales worth ⃃ 2.2B were registered in Dubai South Residential District in 2023, 268.5% higher than 2022 by number of sales. The median sale price was ⃃ 3,400,000 and the median price per square foot ⃃ 865 (+17.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 538 salesUpdated: 19 Oct 2026
Property sales
538
+268.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 2.2B
+464.4% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 3,400,000
+17.2% vs 2022
538 sales
Median price per sq ft
⃃ 865
+17.7% vs 2022
538 sales

What types of property sold in Dubai South Residential District in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments366.7%⃃ 21.23M⃃ 465,000⃃ 1,097
Villas5610.4%⃃ 553.61M⃃ 9,500,000⃃ 963

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)51395.4%⃃ 2.2B⃃ 3,400,000⃃ 874
Resale (secondary)254.6%⃃ 67.33M⃃ 3,000,000⃃ 189
Off-plan47287.7%⃃ 2.1B⃃ 3,400,000⃃ 866
Ready6612.3%⃃ 189.12M⃃ 967,500⃃ 783

How many rental contracts were registered in Dubai South Residential District in 2023?

1,019 rental contracts (new and renewed) were registered in Dubai South Residential District in 2023, at a median annual rent of ⃃ 37,000 (+5.5% on 2022). Rental yields in Dubai South Residential District

What were the most expensive property sales in Dubai South Residential District in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/09/2023Dubai South Residential DistrictBuilding128,607 sq ft⃃ 28,500,000Primary · Ready
18/10/2023Dubai South Residential DistrictBuilding116,253 sq ft⃃ 28,000,000Primary · Ready
30/09/2023The LAXBuilding—⃃ 17,000,000Primary · Ready
23/11/2023South Bay 36 beds · Townhouse8,611 sq ft⃃ 16,000,000Primary · Off-plan
06/06/2023Dubai South Residential DistrictPlot30,006 sq ft⃃ 16,000,000Primary · Ready
12/09/2023South Bay 27 beds · Villa11,675 sq ft⃃ 16,000,000Primary · Off-plan
20/12/2023South Bay 36 beds · Townhouse8,611 sq ft⃃ 15,500,000Primary · Off-plan
22/11/2023South Bay 36 beds · Townhouse8,611 sq ft⃃ 15,500,000Primary · Off-plan
14/11/2023South Bay 36 beds · Townhouse9,432 sq ft⃃ 15,500,000Primary · Off-plan
02/10/2023South Bay 27 beds · Villa10,333 sq ft⃃ 15,000,000Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023South Bay 13 beds · Townhouse2,099 sq ft⃃ 2,043,000Resale · Off-plan
28/12/2023South Bay 15 beds · Townhouse4,569 sq ft⃃ 4,090,000Resale · Off-plan
28/12/2023Dubai South Residential DistrictPlot5,569 sq ft⃃ 1,197,365Resale · Ready
28/12/2023Dubai South Residential DistrictPlot8,378 sq ft⃃ 1,801,290Resale · Ready
28/12/2023South Residence 1Studio · Apartment459 sq ft⃃ 359,516Primary · Ready
20/12/2023South Bay 35 beds · Townhouse4,219 sq ft⃃ 4,150,000Primary · Off-plan
20/12/2023South Bay 35 beds · Townhouse7,233 sq ft⃃ 11,500,000Primary · Off-plan
20/12/2023South Bay 34 beds · Townhouse3,504 sq ft⃃ 3,250,000Primary · Off-plan
20/12/2023South Bay 35 beds · Townhouse4,219 sq ft⃃ 3,950,000Primary · Off-plan
20/12/2023South Bay 33 beds · Townhouse2,933 sq ft⃃ 2,750,000Primary · Off-plan

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-south-residential-district/2023
Dubai South Residential District Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/dubai-south-residential-district/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 South Residential District in 2023?
538 property sales worth ⃃ 2,244,881,987 were registered in Dubai South Residential District in 2023. That is 268.5% higher than 2022.
What was the median property price in Dubai South Residential District in 2023?
The median sale price was ⃃ 3,400,000 and the median price per square foot ⃃ 865 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Dubai South Residential District were off-plan or from developers?
Developer (primary) sales were 95.4% of the 538 sales and resales 4.6%. Off-plan units made up 87.7% and ready units 12.3%. Primary/resale and off-plan/ready are different splits.

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