Area · Transactions · 2023

Hessyan First Property Transactions 2023

32 property sales worth ⃃ 19.78M were registered in Hessyan First in 2023, 52.4% higher than 2022 by number of sales. The median sale price was ⃃ 510,000 and the median price per square foot ⃃ 493 (−0.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 32 salesUpdated: 17 Oct 2026
Property sales
32
+52.4% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 19.78M
−27.8% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 510,000
+18.6% vs 2022
32 sales
Median price per sq ft
⃃ 493
−0.9% vs 2022
32 sales

What types of property sold in Hessyan First in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2371.9%⃃ 10.39M⃃ 470,000⃃ 470
Villas928.1%⃃ 9.39M⃃ 950,000⃃ 627

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)39.4%⃃ 1.51M⃃ 520,000⃃ 522
Resale (secondary)2990.6%⃃ 18.27M⃃ 500,000⃃ 492
Ready32100%⃃ 19.78M⃃ 510,000⃃ 493

How many rental contracts were registered in Hessyan First in 2023?

553 rental contracts (new and renewed) were registered in Hessyan First in 2023, at a median annual rent of ⃃ 52,000 (+18.2% on 2022). Rental yields in Hessyan First

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

The ten highest registered sale prices in the year.

No transactions on record for this selection.

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/hessyan-first/2023
Hessyan First Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/hessyan-first/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 Hessyan First in 2023?
32 property sales worth ⃃ 19,781,562 were registered in Hessyan First in 2023. That is 52.4% higher than 2022.
What was the median property price in Hessyan First in 2023?
The median sale price was ⃃ 510,000 and the median price per square foot ⃃ 493 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Hessyan First were off-plan or from developers?
Developer (primary) sales were 9.4% of the 32 sales and resales 90.6%. Primary/resale and off-plan/ready are different splits.

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