Building · Transactions · 2023

IC1-EMR-18 Property Transactions 2023

4 property sales worth AED 1.01M were registered in IC1-EMR-18 in 2023, 33.3% lower than 2022 by number of sales. The median sale price was AED 225,000 and the median price per square foot AED 473 (+7.4% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 4 salesUpdated: 20 Oct 2026
Property sales
4
−33.3% vs 2022
1 Jan – 31 Dec 2023
Total value
AED 1.01M
−45.4% vs 2022
1 Jan – 31 Dec 2023
Median sale price
AED 225,000
−31.3% vs 2022
4 sales
Median price per sq ft
AED 473
+7.4% vs 2022
4 sales

What types of property sold in IC1-EMR-18 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4100%AED 1.01MAED 225,000AED 473

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)4100%AED 1.01MAED 225,000AED 473
Ready4100%AED 1.01MAED 225,000AED 473

How many rental contracts were registered in IC1-EMR-18 in 2023?

57 rental contracts (new and renewed) were registered in IC1-EMR-18 in 2023, at a median annual rent of AED 25,000 (+4.2% on 2022). Rental yields in IC1-EMR-18

What were the most expensive property sales in IC1-EMR-18 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
02/11/2023IC1-EMR-181 bed · Apartment744 sq ftAED 365,000Resale · Ready
10/05/2023IC1-EMR-18Studio · Apartment491 sq ftAED 225,000Resale · Ready
06/11/2023IC1-EMR-18Studio · Apartment462 sq ftAED 225,000Resale · Ready
10/07/2023IC1-EMR-18Studio · Apartment460 sq ftAED 200,000Resale · Ready

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/ic1-emr-18/2023
IC1-EMR-18 Property Transactions 2023. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/ic1-emr-18/2023

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-18 in 2023?
4 property sales worth AED 1,015,000 were registered in IC1-EMR-18 in 2023. That is 33.3% lower than 2022.
What was the median property price in IC1-EMR-18 in 2023?
The median sale price was AED 225,000 and the median price per square foot AED 473 (1 Jan – 31 Dec 2023).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/ic1-emr-18/2023