Building · Transactions · 2023

Lamaa 1 Property Transactions 2023

72 property sales worth ⃃ 216.22M were registered in Lamaa 1 in 2023, 148.3% higher than 2022 by number of sales. The median sale price was ⃃ 2,479,500 and the median price per square foot ⃃ 2,278 (+1.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 72 salesUpdated: 19 Oct 2026
Property sales
72
+148.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 216.22M
+191.8% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,479,500
+3.4% vs 2022
72 sales
Median price per sq ft
⃃ 2,278
+1.1% vs 2022
72 sales

What types of property sold in Lamaa 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments72100%⃃ 216.22M⃃ 2,479,500⃃ 2,278

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)5981.9%⃃ 179.08M⃃ 2,421,000⃃ 2,275
Resale (secondary)1318.1%⃃ 37.14M⃃ 2,600,000⃃ 2,347
Ready72100%⃃ 216.22M⃃ 2,479,500⃃ 2,278

What were the most expensive property sales in Lamaa 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/06/2023Lamaa 14 beds · Apartment3,165 sq ft⃃ 8,165,000Primary · Ready
17/07/2023Lamaa 14 beds · Apartment2,689 sq ft⃃ 8,090,000Primary · Ready
23/06/2023Lamaa 14 beds · Apartment2,699 sq ft⃃ 8,044,000Primary · Ready
05/04/2023Lamaa 14 beds · Apartment2,688 sq ft⃃ 7,982,000Primary · Ready
05/12/2023Lamaa 13 beds · Apartment1,841 sq ft⃃ 5,258,170Resale · Ready
06/04/2023Lamaa 13 beds · Apartment1,841 sq ft⃃ 4,716,800Resale · Ready
11/09/2023Lamaa 13 beds · Apartment1,837 sq ft⃃ 4,655,000Resale · Ready
27/01/2023Lamaa 13 beds · Apartment2,514 sq ft⃃ 4,518,000Primary · Ready
16/01/2023Lamaa 13 beds · Apartment2,344 sq ft⃃ 4,392,000Primary · Ready
27/04/2023Lamaa 13 beds · Apartment1,878 sq ft⃃ 4,388,000Primary · 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/lamaa-1/2023
Lamaa 1 Property Transactions 2023. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/lamaa-1/2023

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 Lamaa 1 in 2023?
72 property sales worth ⃃ 216,215,280 were registered in Lamaa 1 in 2023. That is 148.3% higher than 2022.
What was the median property price in Lamaa 1 in 2023?
The median sale price was ⃃ 2,479,500 and the median price per square foot ⃃ 2,278 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Lamaa 1 were off-plan or from developers?
Developer (primary) sales were 81.9% of the 72 sales and resales 18.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/lamaa-1/2023