Project · Transactions · 2023

Genesis Property Transactions 2023

33 property sales worth ⃃ 22.71M were registered in Genesis in 2023, 135.7% higher than 2022 by number of sales. The median sale price was ⃃ 750,000 and the median price per square foot ⃃ 823 (+4.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 33 salesUpdated: 17 Oct 2026
Property sales
33
+135.7% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 22.71M
+161.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 750,000
+32.2% vs 2022
33 sales
Median price per sq ft
⃃ 823
+4.1% vs 2022
33 sales

What types of property sold in Genesis in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments33100%⃃ 22.71M⃃ 750,000⃃ 823

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)13%⃃ 840K⃃ 840,000⃃ 823
Resale (secondary)3297%⃃ 21.87M⃃ 750,000⃃ 827
Ready33100%⃃ 22.71M⃃ 750,000⃃ 823

How many rental contracts were registered in Genesis in 2023?

108 rental contracts (new and renewed) were registered in Genesis in 2023, at a median annual rent of ⃃ 46,600 (+11.0% on 2022). Rental yields in Genesis

What were the most expensive property sales in Genesis in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
22/12/2023Genesis2 beds · Apartment1,017 sq ft⃃ 960,000Resale · Ready
05/10/2023Genesis2 beds · Apartment1,246 sq ft⃃ 930,000Resale · Ready
09/08/2023Genesis2 beds · Apartment1,052 sq ft⃃ 910,000Resale · Ready
17/07/2023Genesis2 beds · Apartment1,022 sq ft⃃ 890,000Resale · Ready
06/07/2023Genesis2 beds · Apartment1,018 sq ft⃃ 890,000Resale · Ready
12/07/2023Genesis2 beds · Apartment1,049 sq ft⃃ 890,000Resale · Ready
03/02/2023Genesis2 beds · Apartment1,021 sq ft⃃ 840,000Primary · Ready
10/04/2023Genesis2 beds · Apartment1,015 sq ft⃃ 800,000Resale · Ready
23/08/2023Genesis2 beds · Apartment1,049 sq ft⃃ 774,692Resale · Ready
27/11/2023Genesis1 bed · Apartment822 sq ft⃃ 770,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
27/12/2023Genesis1 bed · Apartment711 sq ft⃃ 670,000Resale · Ready
22/12/2023Genesis2 beds · Apartment1,017 sq ft⃃ 960,000Resale · Ready
27/11/2023Genesis1 bed · Apartment822 sq ft⃃ 770,000Resale · Ready
08/11/2023Genesis1 bed · Apartment704 sq ft⃃ 750,000Resale · Ready
27/10/2023Genesis1 bed · Apartment707 sq ft⃃ 300,000Resale · Ready
20/10/2023GenesisStudio · Apartment466 sq ft⃃ 520,000Resale · Ready
05/10/2023Genesis2 beds · Apartment1,246 sq ft⃃ 930,000Resale · Ready
01/09/2023GenesisStudio · Apartment506 sq ft⃃ 400,000Resale · Ready
25/08/2023GenesisStudio · Apartment506 sq ft⃃ 428,704Resale · Ready
24/08/2023Genesis1 bed · Apartment825 sq ft⃃ 710,000Resale · 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/genesis/2023
Genesis Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/genesis/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 Genesis in 2023?
33 property sales worth ⃃ 22,712,396 were registered in Genesis in 2023. That is 135.7% higher than 2022.
What was the median property price in Genesis in 2023?
The median sale price was ⃃ 750,000 and the median price per square foot ⃃ 823 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Genesis were off-plan or from developers?
Developer (primary) sales were 3% of the 33 sales and resales 97%. Primary/resale and off-plan/ready are different splits.

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