Project · Transactions · 2023

Hub Canal 2 Tower Property Transactions 2023

21 property sales worth ⃃ 11.35M were registered in Hub Canal 2 Tower in 2023, 32.3% lower than 2022 by number of sales. The median sale price was ⃃ 525,000 and the median price per square foot ⃃ 497 (+17.8% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 21 salesUpdated: 18 Oct 2026
Property sales
21
−32.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 11.35M
−19.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 525,000
+23.5% vs 2022
21 sales
Median price per sq ft
⃃ 497
+17.8% vs 2022
21 sales

What types of property sold in Hub Canal 2 Tower in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments21100%⃃ 11.35M⃃ 525,000⃃ 497

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
Resale (secondary)21100%⃃ 11.35M⃃ 525,000⃃ 497
Ready21100%⃃ 11.35M⃃ 525,000⃃ 497

How many rental contracts were registered in Hub Canal 2 Tower in 2023?

138 rental contracts (new and renewed) were registered in Hub Canal 2 Tower in 2023, at a median annual rent of ⃃ 43,250 (+16.9% on 2022). Rental yields in Hub Canal 2 Tower

What were the most expensive property sales in Hub Canal 2 Tower in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
04/08/2023Hub Canal 22 beds · Apartment1,175 sq ft⃃ 722,250Resale · Ready
09/10/2023Hub Canal 22 beds · Apartment1,179 sq ft⃃ 685,000Resale · Ready
15/05/2023Hub Canal 22 beds · Apartment1,174 sq ft⃃ 675,000Resale · Ready
09/09/2023Hub Canal 21 bed · Apartment1,038 sq ft⃃ 630,000Resale · Ready
21/09/2023Hub Canal 22 beds · Apartment1,171 sq ft⃃ 623,000Resale · Ready
12/10/2023Hub Canal 22 beds · Apartment1,171 sq ft⃃ 600,000Resale · Ready
25/12/2023Hub Canal 21 bed · Apartment1,045 sq ft⃃ 591,492Resale · Ready
24/11/2023Hub Canal 21 bed · Apartment1,002 sq ft⃃ 545,000Resale · Ready
12/01/2023Hub Canal 22 beds · Apartment1,174 sq ft⃃ 545,000Resale · Ready
20/02/2023Hub Canal 22 beds · Apartment1,176 sq ft⃃ 540,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
25/12/2023Hub Canal 21 bed · Apartment1,045 sq ft⃃ 591,492Resale · Ready
24/11/2023Hub Canal 21 bed · Apartment1,002 sq ft⃃ 545,000Resale · Ready
12/10/2023Hub Canal 22 beds · Apartment1,171 sq ft⃃ 600,000Resale · Ready
09/10/2023Hub Canal 22 beds · Apartment1,179 sq ft⃃ 685,000Resale · Ready
25/09/2023Hub Canal 21 bed · Apartment992 sq ft⃃ 500,000Resale · Ready
21/09/2023Hub Canal 22 beds · Apartment1,171 sq ft⃃ 623,000Resale · Ready
13/09/2023Hub Canal 21 bed · Apartment1,002 sq ft⃃ 498,000Resale · Ready
13/09/2023Hub Canal 21 bed · Apartment1,047 sq ft⃃ 520,000Resale · Ready
09/09/2023Hub Canal 21 bed · Apartment1,038 sq ft⃃ 630,000Resale · Ready
04/08/2023Hub Canal 22 beds · Apartment1,175 sq ft⃃ 722,250Resale · 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/hub-canal-2-tower/2023
Hub Canal 2 Tower Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/hub-canal-2-tower/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 Hub Canal 2 Tower in 2023?
21 property sales worth ⃃ 11,345,794 were registered in Hub Canal 2 Tower in 2023. That is 32.3% lower than 2022.
What was the median property price in Hub Canal 2 Tower in 2023?
The median sale price was ⃃ 525,000 and the median price per square foot ⃃ 497 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/hub-canal-2-tower/2023