Building · Transactions · 2023

Manara 2 Property Transactions 2023

4 property sales worth AED 2.16M were registered in Manara 2 in 2023, 300.0% higher than 2022 by number of sales. The median sale price was AED 500,000 and the median price per square foot AED 489 (−0.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 4 salesUpdated: 20 Oct 2026
Property sales
4
+300.0% vs 2022
1 Jan – 31 Dec 2023
Total value
AED 2.16M
+332.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
AED 500,000
+0.2% vs 2022
4 sales
Median price per sq ft
AED 489
−0.5% vs 2022
4 sales

What types of property sold in Manara 2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4100%AED 2.16MAED 500,000AED 489

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)125%AED 530KAED 530,000AED 522
Resale (secondary)375%AED 1.63MAED 470,000AED 463
Ready4100%AED 2.16MAED 500,000AED 489

How many rental contracts were registered in Manara 2 in 2023?

37 rental contracts (new and renewed) were registered in Manara 2 in 2023, at a median annual rent of AED 52,000 (+12.7% on 2022). Rental yields in Manara 2

What were the most expensive property sales in Manara 2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/11/2023Manara 23 beds · Apartment1,408 sq ftAED 725,000Resale · Ready
20/10/2023Manara 22 beds · Apartment1,016 sq ftAED 530,000Primary · Ready
04/10/2023Manara 22 beds · Apartment1,016 sq ftAED 470,000Resale · Ready
06/04/2023Manara 22 beds · Apartment1,017 sq ftAED 434,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
01/11/2023Manara 23 beds · Apartment1,408 sq ftAED 725,000Resale · Ready
20/10/2023Manara 22 beds · Apartment1,016 sq ftAED 530,000Primary · Ready
04/10/2023Manara 22 beds · Apartment1,016 sq ftAED 470,000Resale · Ready
06/04/2023Manara 22 beds · Apartment1,017 sq ftAED 434,000Resale · 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/manara-2/2023
Manara 2 Property Transactions 2023. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/manara-2/2023

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 Manara 2 in 2023?
4 property sales worth AED 2,159,000 were registered in Manara 2 in 2023. That is 300.0% higher than 2022.
What was the median property price in Manara 2 in 2023?
The median sale price was AED 500,000 and the median price per square foot AED 489 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Manara 2 were off-plan or from developers?
Developer (primary) sales were 25% of the 4 sales and resales 75%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/manara-2/2023