Building · Transactions · 2023

Luxury Family Residences 2 Property Transactions 2023

168 property sales worth ⃃ 393.3M were registered in Luxury Family Residences 2 in 2023, 16700.0% higher than 2022 by number of sales. The median sale price was ⃃ 1,390,659 and the median price per square foot ⃃ 2,542 (+188.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 168 salesUpdated: 18 Oct 2026
Property sales
168
+16700.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 393.3M
+702.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,390,659
−97.2% vs 2022
168 sales
Median price per sq ft
⃃ 2,542
+188.7% vs 2022
168 sales

What types of property sold in Luxury Family Residences 2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments16799.4%⃃ 268.3M⃃ 1,381,612⃃ 2,556
Commercial10.6%⃃ 125M⃃ 125,000,000⃃ 481

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)16497.6%⃃ 387.3M⃃ 1,390,659⃃ 2,528
Resale (secondary)42.4%⃃ 6M⃃ 1,525,000⃃ 2,854
Off-plan168100%⃃ 393.3M⃃ 1,390,659⃃ 2,542

What were the most expensive property sales in Luxury Family Residences 2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
29/05/2023Luxury Family Residences 2Commercial259,711 sq ft⃃ 125,000,000Primary · Off-plan
09/11/2023Luxury Family Residences 24 beds · Apartment10,937 sq ft⃃ 26,000,000Primary · Off-plan
31/08/2023Luxury Family Residences 22 beds · Apartment802 sq ft⃃ 2,750,100Primary · Off-plan
02/11/2023Luxury Family Residences 22 beds · Apartment869 sq ft⃃ 2,735,204Primary · Off-plan
06/02/2023Luxury Family Residences 22 beds · Apartment869 sq ft⃃ 2,717,600Primary · Off-plan
06/10/2023Luxury Family Residences 22 beds · Apartment802 sq ft⃃ 2,695,656Primary · Off-plan
28/11/2023Luxury Family Residences 22 beds · Apartment802 sq ft⃃ 2,618,469Primary · Off-plan
14/08/2023Luxury Family Residences 22 beds · Apartment862 sq ft⃃ 2,481,479Primary · Off-plan
08/05/2023Luxury Family Residences 22 beds · Apartment802 sq ft⃃ 2,438,836Primary · Off-plan
18/09/2023Luxury Family Residences 22 beds · Apartment802 sq ft⃃ 2,376,024Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
20/12/2023Luxury Family Residences 2Studio · Apartment473 sq ft⃃ 1,341,020Primary · Off-plan
13/12/2023Luxury Family Residences 2Studio · Apartment447 sq ft⃃ 1,366,020Primary · Off-plan
07/12/2023Luxury Family Residences 2Studio · Apartment439 sq ft⃃ 1,122,450Primary · Off-plan
07/12/2023Luxury Family Residences 2Studio · Apartment473 sq ft⃃ 1,048,372Primary · Off-plan
07/12/2023Luxury Family Residences 2Studio · Apartment439 sq ft⃃ 1,000,333Primary · Off-plan
07/12/2023Luxury Family Residences 2Studio · Apartment453 sq ft⃃ 1,024,656Primary · Off-plan
07/12/2023Luxury Family Residences 2Studio · Apartment412 sq ft⃃ 1,262,762Primary · Off-plan
07/12/2023Luxury Family Residences 2Studio · Apartment402 sq ft⃃ 1,094,042Primary · Off-plan
07/12/2023Luxury Family Residences 2Studio · Apartment412 sq ft⃃ 1,082,550Primary · Off-plan
07/12/2023Luxury Family Residences 2Studio · Apartment447 sq ft⃃ 1,006,468Primary · Off-plan

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/luxury-family-residences-ii/2023
Luxury Family Residences 2 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/luxury-family-residences-ii/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 Luxury Family Residences 2 in 2023?
168 property sales worth ⃃ 393,296,809 were registered in Luxury Family Residences 2 in 2023. That is 16700.0% higher than 2022.
What was the median property price in Luxury Family Residences 2 in 2023?
The median sale price was ⃃ 1,390,659 and the median price per square foot ⃃ 2,542 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Luxury Family Residences 2 were off-plan or from developers?
Developer (primary) sales were 97.6% of the 168 sales and resales 2.4%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/luxury-family-residences-ii/2023