Project · Transactions · 2023

Loreto Property Transactions 2023

61 property sales worth ⃃ 72.28M were registered in Loreto in 2023, 3.2% lower than 2022 by number of sales. The median sale price was ⃃ 840,000 and the median price per square foot ⃃ 977 (+13.4% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 61 salesUpdated: 18 Oct 2026
Property sales
61
−3.2% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 72.28M
−8.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 840,000
−26.9% vs 2022
61 sales
Median price per sq ft
⃃ 977
+13.4% vs 2022
61 sales

What types of property sold in Loreto in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments61100%⃃ 72.28M⃃ 840,000⃃ 977

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)2439.3%⃃ 34.13M⃃ 1,294,415⃃ 1,044
Resale (secondary)3760.7%⃃ 38.15M⃃ 805,000⃃ 943
Ready61100%⃃ 72.28M⃃ 840,000⃃ 977

How many rental contracts were registered in Loreto in 2023?

309 rental contracts (new and renewed) were registered in Loreto in 2023, at a median annual rent of ⃃ 54,000 (+8.0% on 2022). Rental yields in Loreto

What were the most expensive property sales in Loreto in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/03/2023Loreto 2 - A3 beds · Apartment3,653 sq ft⃃ 3,627,000Primary · Ready
21/06/2023Loreto 2 - B3 beds · Apartment3,251 sq ft⃃ 2,900,000Resale · Ready
31/10/2023Loreto 1 - A2 beds · Apartment2,555 sq ft⃃ 2,850,000Resale · Ready
01/02/2023Loreto 1 - A3 beds · Apartment3,361 sq ft⃃ 2,729,000Primary · Ready
07/03/2023Loreto 1 - A3 beds · Apartment3,237 sq ft⃃ 2,565,640Primary · Ready
20/12/2023Loreto 2 - B2 beds · Apartment2,001 sq ft⃃ 2,208,920Primary · Ready
14/11/2023Loreto 2 - B2 beds · Apartment1,625 sq ft⃃ 2,100,000Resale · Ready
14/12/2023Loreto 1 - A3 beds · Apartment1,872 sq ft⃃ 2,100,000Resale · Ready
28/04/2023Loreto 2 - A2 beds · Apartment2,001 sq ft⃃ 2,098,000Primary · Ready
05/05/2023Loreto 3 - B2 beds · Apartment2,420 sq ft⃃ 2,089,360Primary · 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/loreto/2023
Loreto Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/loreto/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 Loreto in 2023?
61 property sales worth ⃃ 72,279,151 were registered in Loreto in 2023. That is 3.2% lower than 2022.
What was the median property price in Loreto in 2023?
The median sale price was ⃃ 840,000 and the median price per square foot ⃃ 977 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Loreto were off-plan or from developers?
Developer (primary) sales were 39.3% of the 61 sales and resales 60.7%. Primary/resale and off-plan/ready are different splits.

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