Project · Transactions · 2023

International Business Tower Property Transactions 2023

19 property sales worth ⃃ 18.35M were registered in International Business Tower in 2023, 58.3% higher than 2022 by number of sales. The median sale price was ⃃ 806,868 and the median price per square foot ⃃ 989 (+3.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 19 salesUpdated: 17 Oct 2026
Property sales
19
+58.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 18.35M
+42.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 806,868
−0.1% vs 2022
19 sales
Median price per sq ft
⃃ 989
+3.9% vs 2022
19 sales

What types of property sold in International Business Tower in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial19100%⃃ 18.35M⃃ 806,868⃃ 989

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)19100%⃃ 18.35M⃃ 806,868⃃ 989
Ready19100%⃃ 18.35M⃃ 806,868⃃ 989

How many rental contracts were registered in International Business Tower in 2023?

107 rental contracts (new and renewed) were registered in International Business Tower in 2023, at a median annual rent of ⃃ 70,000 (+7.7% on 2022). Rental yields in International Business Tower

What were the most expensive property sales in International Business Tower in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/01/2023International Business TowerCommercial1,514 sq ft⃃ 1,487,290Resale · Ready
06/01/2023International Business TowerCommercial1,567 sq ft⃃ 1,451,214Resale · Ready
06/01/2023International Business TowerCommercial1,514 sq ft⃃ 1,411,579Resale · Ready
23/02/2023International Business TowerCommercial1,542 sq ft⃃ 1,281,161Resale · Ready
06/01/2023International Business TowerCommercial1,232 sq ft⃃ 1,219,368Resale · Ready
06/01/2023International Business TowerCommercial1,235 sq ft⃃ 1,159,773Resale · Ready
06/01/2023International Business TowerCommercial1,232 sq ft⃃ 1,157,755Resale · Ready
06/01/2023International Business TowerCommercial792 sq ft⃃ 825,124Resale · Ready
06/01/2023International Business TowerCommercial775 sq ft⃃ 811,092Resale · Ready
06/01/2023International Business TowerCommercial770 sq ft⃃ 806,868Resale · 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/international-business-tower-x/2023
International Business Tower Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/international-business-tower-x/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 International Business Tower in 2023?
19 property sales worth ⃃ 18,350,000 were registered in International Business Tower in 2023. That is 58.3% higher than 2022.
What was the median property price in International Business Tower in 2023?
The median sale price was ⃃ 806,868 and the median price per square foot ⃃ 989 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/international-business-tower-x/2023