Building · Transactions · 2023

IC1-EMR-02 Property Transactions 2023

12 property sales worth ⃃ 3.13M were registered in IC1-EMR-02 in 2023, 140.0% higher than 2022 by number of sales. The median sale price was ⃃ 252,500 and the median price per square foot ⃃ 544 (+18.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 12 salesUpdated: 18 Oct 2026
Property sales
12
+140.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 3.13M
+143.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 252,500
−1.0% vs 2022
12 sales
Median price per sq ft
⃃ 544
+18.7% vs 2022
12 sales

What types of property sold in IC1-EMR-02 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments12100%⃃ 3.13M⃃ 252,500⃃ 544

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)12100%⃃ 3.13M⃃ 252,500⃃ 544
Ready12100%⃃ 3.13M⃃ 252,500⃃ 544

How many rental contracts were registered in IC1-EMR-02 in 2023?

49 rental contracts (new and renewed) were registered in IC1-EMR-02 in 2023, at a median annual rent of ⃃ 24,000 (+9.1% on 2022). Rental yields in IC1-EMR-02

What were the most expensive property sales in IC1-EMR-02 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?

DatePropertyTypeSizePriceMarket
22/12/2023IC1-EMR-021 bed · Apartment727 sq ft⃃ 350,000Resale · Ready
18/12/2023IC1-EMR-02Studio · Apartment447 sq ft⃃ 235,000Resale · Ready
30/11/2023IC1-EMR-02Studio · Apartment447 sq ft⃃ 250,000Resale · Ready
13/11/2023IC1-EMR-02Studio · Apartment443 sq ft⃃ 250,000Resale · Ready
12/10/2023IC1-EMR-02Studio · Apartment463 sq ft⃃ 262,000Resale · Ready
31/08/2023IC1-EMR-02Studio · Apartment427 sq ft⃃ 240,000Resale · Ready
10/08/2023IC1-EMR-02Studio · Apartment468 sq ft⃃ 255,000Resale · Ready
19/06/2023IC1-EMR-02Studio · Apartment469 sq ft⃃ 255,000Resale · Ready
16/06/2023IC1-EMR-02Studio · Apartment469 sq ft⃃ 250,000Resale · Ready
11/05/2023IC1-EMR-02Studio · Apartment469 sq ft⃃ 270,000Resale · 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/ic1-emr-02/2023
IC1-EMR-02 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/ic1-emr-02/2023

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 IC1-EMR-02 in 2023?
12 property sales worth ⃃ 3,127,000 were registered in IC1-EMR-02 in 2023. That is 140.0% higher than 2022.
What was the median property price in IC1-EMR-02 in 2023?
The median sale price was ⃃ 252,500 and the median price per square foot ⃃ 544 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/ic1-emr-02/2023