Building · Transactions · 2023

I14 Property Transactions 2023

21 property sales worth ⃃ 7.91M were registered in I14 in 2023, 600.0% higher than 2022 by number of sales. The median sale price was ⃃ 335,000 and the median price per square foot ⃃ 475 (+18.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 21 salesUpdated: 18 Oct 2026
Property sales
21
+600.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 7.91M
+926.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 335,000
+15.5% vs 2022
21 sales
Median price per sq ft
⃃ 475
+18.5% vs 2022
21 sales

What types of property sold in I14 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1152.4%⃃ 3.11M⃃ 288,000⃃ 440
Commercial1047.6%⃃ 4.79M⃃ 474,935⃃ 657

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)942.9%⃃ 4.22M⃃ 474,935⃃ 656
Resale (secondary)1257.1%⃃ 3.68M⃃ 301,500⃃ 440
Ready21100%⃃ 7.91M⃃ 335,000⃃ 475

How many rental contracts were registered in I14 in 2023?

71 rental contracts (new and renewed) were registered in I14 in 2023, at a median annual rent of ⃃ 28,000 (+15.0% on 2022). Rental yields in I14

What were the most expensive property sales in I14 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/01/2023I14Commercial893 sq ft⃃ 581,038Primary · Ready
11/05/2023I14Commercial635 sq ft⃃ 571,500Resale · Ready
17/01/2023I14Commercial850 sq ft⃃ 550,723Primary · Ready
17/01/2023I14Commercial721 sq ft⃃ 476,735Primary · Ready
17/01/2023I14Commercial721 sq ft⃃ 474,935Primary · Ready
17/01/2023I14Commercial721 sq ft⃃ 474,935Primary · Ready
17/01/2023I14Commercial710 sq ft⃃ 464,830Primary · Ready
17/01/2023I14Commercial624 sq ft⃃ 409,253Primary · Ready
17/01/2023I14Commercial635 sq ft⃃ 399,148Primary · Ready
17/01/2023I14Commercial560 sq ft⃃ 389,043Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
30/11/2023I141 bed · Apartment786 sq ft⃃ 335,000Resale · Ready
16/08/2023I14Studio · Apartment463 sq ft⃃ 215,000Resale · Ready
26/07/2023I141 bed · Apartment716 sq ft⃃ 315,000Resale · Ready
17/07/2023I14Studio · Apartment463 sq ft⃃ 220,000Resale · Ready
11/07/2023I14Studio · Apartment474 sq ft⃃ 220,000Resale · Ready
22/06/2023I141 bed · Apartment732 sq ft⃃ 330,000Resale · Ready
02/06/2023I141 bed · Apartment716 sq ft⃃ 315,000Resale · Ready
17/05/2023I141 bed · Apartment743 sq ft⃃ 288,000Resale · Ready
11/05/2023I14Commercial635 sq ft⃃ 571,500Resale · Ready
24/03/2023I141 bed · Apartment743 sq ft⃃ 275,000Resale · 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/i14/2023
I14 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/i14/2023

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 I14 in 2023?
21 property sales worth ⃃ 7,905,138 were registered in I14 in 2023. That is 600.0% higher than 2022.
What was the median property price in I14 in 2023?
The median sale price was ⃃ 335,000 and the median price per square foot ⃃ 475 (1 Jan – 31 Dec 2023).
What share of 2023 sales in I14 were off-plan or from developers?
Developer (primary) sales were 42.9% of the 21 sales and resales 57.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/i14/2023