Project · Transactions · 2023

Fahad 2 Property Transactions 2023

29 property sales worth ⃃ 27.44M were registered in Fahad 2 in 2023, 11.5% higher than 2022 by number of sales. The median sale price was ⃃ 914,940 and the median price per square foot ⃃ 721 (+27.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 29 salesUpdated: 19 Oct 2026
Property sales
29
+11.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 27.44M
+20.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 914,940
+9.6% vs 2022
29 sales
Median price per sq ft
⃃ 721
+27.7% vs 2022
29 sales

What types of property sold in Fahad 2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments29100%⃃ 27.44M⃃ 914,940⃃ 721

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)26.9%⃃ 2.28M⃃ 1,138,084⃃ 951
Resale (secondary)2793.1%⃃ 25.16M⃃ 900,000⃃ 717
Ready29100%⃃ 27.44M⃃ 914,940⃃ 721

How many rental contracts were registered in Fahad 2 in 2023?

121 rental contracts (new and renewed) were registered in Fahad 2 in 2023, at a median annual rent of ⃃ 78,000 (+14.7% on 2022). Rental yields in Fahad 2

What were the most expensive property sales in Fahad 2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/02/2023Fahad 23 beds · Apartment2,890 sq ft⃃ 1,600,000Resale · Ready
10/01/2023Fahad 23 beds · Apartment2,890 sq ft⃃ 1,425,000Resale · Ready
13/03/2023Fahad 22 beds · Apartment1,185 sq ft⃃ 1,356,168Primary · Ready
13/12/2023Fahad 22 beds · Apartment1,711 sq ft⃃ 1,200,000Resale · Ready
25/12/2023Fahad 22 beds · Apartment1,451 sq ft⃃ 1,090,000Resale · Ready
25/12/2023Fahad 22 beds · Apartment1,234 sq ft⃃ 1,010,000Resale · Ready
09/06/2023Fahad 22 beds · Apartment1,174 sq ft⃃ 975,000Resale · Ready
15/09/2023Fahad 22 beds · Apartment1,397 sq ft⃃ 970,000Resale · Ready
08/06/2023Fahad 22 beds · Apartment1,344 sq ft⃃ 968,982Resale · Ready
19/06/2023Fahad 22 beds · Apartment1,397 sq ft⃃ 958,434Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Fahad 22 beds · Apartment1,174 sq ft⃃ 914,940Resale · Ready
28/12/2023Fahad 21 bed · Apartment1,051 sq ft⃃ 800,000Resale · Ready
25/12/2023Fahad 22 beds · Apartment1,451 sq ft⃃ 1,090,000Resale · Ready
25/12/2023Fahad 22 beds · Apartment1,234 sq ft⃃ 1,010,000Resale · Ready
13/12/2023Fahad 22 beds · Apartment1,711 sq ft⃃ 1,200,000Resale · Ready
28/11/2023Fahad 22 beds · Apartment1,234 sq ft⃃ 800,000Resale · Ready
21/11/2023Fahad 22 beds · Apartment1,185 sq ft⃃ 800,000Resale · Ready
19/10/2023Fahad 22 beds · Apartment1,397 sq ft⃃ 900,000Resale · Ready
11/10/2023Fahad 21 bed · Apartment1,051 sq ft⃃ 700,000Resale · Ready
21/09/2023Fahad 22 beds · Apartment1,451 sq ft⃃ 600,000Resale · 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/fahad-2/2023
Fahad 2 Property Transactions 2023. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/fahad-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 Fahad 2 in 2023?
29 property sales worth ⃃ 27,438,938 were registered in Fahad 2 in 2023. That is 11.5% higher than 2022.
What was the median property price in Fahad 2 in 2023?
The median sale price was ⃃ 914,940 and the median price per square foot ⃃ 721 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Fahad 2 were off-plan or from developers?
Developer (primary) sales were 6.9% of the 29 sales and resales 93.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/fahad-2/2023