Project · Transactions · 2023

First Central Property Transactions 2023

14 property sales worth ⃃ 11.15M were registered in First Central in 2023, 78.8% lower than 2022 by number of sales. The median sale price was ⃃ 838,790 and the median price per square foot ⃃ 1,811 (−41.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 14 salesUpdated: 17 Oct 2026
Property sales
14
−78.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 11.15M
−85.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 838,790
−29.7% vs 2022
14 sales
Median price per sq ft
⃃ 1,811
−41.5% vs 2022
14 sales

What types of property sold in First Central in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments14100%⃃ 11.15M⃃ 838,790⃃ 1,811

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)321.4%⃃ 3.27M⃃ 925,000⃃ 1,773
Resale (secondary)1178.6%⃃ 7.88M⃃ 799,000⃃ 1,818
Ready14100%⃃ 11.15M⃃ 838,790⃃ 1,811

What were the most expensive property sales in First Central in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/05/2023First Central1 bed · Apartment552 sq ft⃃ 1,447,675Primary · Ready
08/08/2023First CentralStudio · Apartment330 sq ft⃃ 1,034,042Resale · Ready
23/11/2023First CentralStudio · Apartment329 sq ft⃃ 961,787Resale · Ready
13/10/2023First Central1 bed · Apartment550 sq ft⃃ 955,798Resale · Ready
20/12/2023First Central1 bed · Apartment642 sq ft⃃ 925,000Primary · Ready
06/11/2023First Central1 bed · Apartment507 sq ft⃃ 899,000Primary · Ready
07/12/2023First CentralStudio · Apartment358 sq ft⃃ 845,905Resale · Ready
27/11/2023First CentralStudio · Apartment318 sq ft⃃ 831,675Resale · Ready
24/11/2023First CentralStudio · Apartment336 sq ft⃃ 799,000Resale · Ready
05/12/2023First CentralStudio · Apartment330 sq ft⃃ 595,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
20/12/2023First Central1 bed · Apartment642 sq ft⃃ 925,000Primary · Ready
07/12/2023First CentralStudio · Apartment358 sq ft⃃ 845,905Resale · Ready
05/12/2023First CentralStudio · Apartment330 sq ft⃃ 595,000Resale · Ready
30/11/2023First CentralStudio · Apartment319 sq ft⃃ 580,000Resale · Ready
27/11/2023First CentralStudio · Apartment318 sq ft⃃ 831,675Resale · Ready
24/11/2023First CentralStudio · Apartment336 sq ft⃃ 799,000Resale · Ready
23/11/2023First CentralStudio · Apartment329 sq ft⃃ 961,787Resale · Ready
06/11/2023First Central1 bed · Apartment507 sq ft⃃ 899,000Primary · Ready
13/10/2023First Central1 bed · Apartment550 sq ft⃃ 955,798Resale · Ready
03/10/2023First CentralStudio · Apartment326 sq ft⃃ 574,613Resale · 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/first-central/2023
First Central Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/first-central/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 First Central in 2023?
14 property sales worth ⃃ 11,147,295 were registered in First Central in 2023. That is 78.8% lower than 2022.
What was the median property price in First Central in 2023?
The median sale price was ⃃ 838,790 and the median price per square foot ⃃ 1,811 (1 Jan – 31 Dec 2023).
What share of 2023 sales in First Central were off-plan or from developers?
Developer (primary) sales were 21.4% of the 14 sales and resales 78.6%. Primary/resale and off-plan/ready are different splits.

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