Project · Transactions · 2023

Lake View Property Transactions 2023

60 property sales worth ⃃ 59.9M were registered in Lake View in 2023, 27.7% higher than 2022 by number of sales. The median sale price was ⃃ 875,000 and the median price per square foot ⃃ 1,086 (+30.3% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 60 salesUpdated: 18 Oct 2026
Property sales
60
+27.7% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 59.9M
+68.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 875,000
+14.4% vs 2022
60 sales
Median price per sq ft
⃃ 1,086
+30.3% vs 2022
60 sales

What types of property sold in Lake View in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5591.7%⃃ 55.72M⃃ 900,000⃃ 1,083
Commercial58.3%⃃ 4.18M⃃ 750,000⃃ 1,151

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)60100%⃃ 59.9M⃃ 875,000⃃ 1,086
Ready60100%⃃ 59.9M⃃ 875,000⃃ 1,086

How many rental contracts were registered in Lake View in 2023?

379 rental contracts (new and renewed) were registered in Lake View in 2023, at a median annual rent of ⃃ 55,000 (+17.3% on 2022). Rental yields in Lake View

What were the most expensive property sales in Lake View in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/01/2023Lake View4 beds · Apartment7,853 sq ft⃃ 4,000,000Resale · Ready
01/11/2023Lake View4 beds · Apartment7,853 sq ft⃃ 3,000,000Resale · Ready
08/11/2023Lake View1 bed · Apartment1,420 sq ft⃃ 1,685,000Resale · Ready
13/12/2023Lake View1 bed · Apartment1,416 sq ft⃃ 1,680,000Resale · Ready
09/09/2023Lake View1 bed · Apartment1,407 sq ft⃃ 1,600,000Resale · Ready
17/07/2023Lake ViewCommercial795 sq ft⃃ 1,500,000Resale · Ready
26/09/2023Lake View1 bed · Apartment1,374 sq ft⃃ 1,500,000Resale · Ready
26/10/2023Lake View1 bed · Apartment1,409 sq ft⃃ 1,475,000Resale · Ready
24/11/2023Lake View1 bed · Apartment1,406 sq ft⃃ 1,400,000Resale · Ready
03/11/2023Lake View2 beds · Apartment1,552 sq ft⃃ 1,400,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
20/12/2023Lake View1 bed · Apartment855 sq ft⃃ 1,000,000Resale · Ready
13/12/2023Lake View1 bed · Apartment1,416 sq ft⃃ 1,680,000Resale · Ready
07/12/2023Lake ViewStudio · Apartment415 sq ft⃃ 690,000Resale · Ready
30/11/2023Lake ViewStudio · Apartment416 sq ft⃃ 600,000Resale · Ready
24/11/2023Lake View1 bed · Apartment1,406 sq ft⃃ 1,400,000Resale · Ready
24/11/2023Lake View1 bed · Apartment1,279 sq ft⃃ 1,230,000Resale · Ready
23/11/2023Lake ViewCommercial417 sq ft⃃ 480,000Resale · Ready
13/11/2023Lake View1 bed · Apartment831 sq ft⃃ 950,000Resale · Ready
08/11/2023Lake View1 bed · Apartment1,420 sq ft⃃ 1,685,000Resale · Ready
08/11/2023Lake View2 beds · Apartment1,456 sq ft⃃ 1,340,000Resale · 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/lake-view/2023
Lake View Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/lake-view/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 Lake View in 2023?
60 property sales worth ⃃ 59,899,560 were registered in Lake View in 2023. That is 27.7% higher than 2022.
What was the median property price in Lake View in 2023?
The median sale price was ⃃ 875,000 and the median price per square foot ⃃ 1,086 (1 Jan – 31 Dec 2023).

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