Building · Transactions · 2023

Mazaya 1 Property Transactions 2023

9 property sales worth ⃃ 4.31M were registered in Mazaya 1 in 2023, unchanged from 2022 by number of sales. The median sale price was ⃃ 565,000 and the median price per square foot ⃃ 489 (+11.4% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 9 salesUpdated: 18 Oct 2026
Property sales
9
0.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 4.31M
+18.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 565,000
+82.3% vs 2022
9 sales
Median price per sq ft
⃃ 489
+11.4% vs 2022
9 sales

What types of property sold in Mazaya 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments9100%⃃ 4.31M⃃ 565,000⃃ 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)111.1%⃃ 400K⃃ 400,000⃃ 427
Resale (secondary)888.9%⃃ 3.91M⃃ 572,500⃃ 492
Ready9100%⃃ 4.31M⃃ 565,000⃃ 489

How many rental contracts were registered in Mazaya 1 in 2023?

43 rental contracts (new and renewed) were registered in Mazaya 1 in 2023, at a median annual rent of ⃃ 36,000 (+18.0% on 2022). Rental yields in Mazaya 1

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/06/2023Mazaya 12 beds · Apartment1,128 sq ft⃃ 615,000Resale · Ready
27/07/2023Mazaya 12 beds · Apartment1,128 sq ft⃃ 580,000Resale · Ready
19/05/2023Mazaya 12 beds · Apartment1,185 sq ft⃃ 580,000Resale · Ready
14/08/2023Mazaya 12 beds · Apartment1,185 sq ft⃃ 580,000Resale · Ready
07/03/2023Mazaya 12 beds · Apartment1,502 sq ft⃃ 565,000Resale · Ready
24/08/2023Mazaya 11 bed · Apartment937 sq ft⃃ 400,000Primary · Ready
10/05/2023Mazaya 11 bed · Apartment916 sq ft⃃ 353,000Resale · Ready
22/08/2023Mazaya 11 bed · Apartment646 sq ft⃃ 320,000Resale · Ready
19/07/2023Mazaya 11 bed · Apartment646 sq ft⃃ 320,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
24/08/2023Mazaya 11 bed · Apartment937 sq ft⃃ 400,000Primary · Ready
22/08/2023Mazaya 11 bed · Apartment646 sq ft⃃ 320,000Resale · Ready
14/08/2023Mazaya 12 beds · Apartment1,185 sq ft⃃ 580,000Resale · Ready
27/07/2023Mazaya 12 beds · Apartment1,128 sq ft⃃ 580,000Resale · Ready
19/07/2023Mazaya 11 bed · Apartment646 sq ft⃃ 320,000Resale · Ready
08/06/2023Mazaya 12 beds · Apartment1,128 sq ft⃃ 615,000Resale · Ready
19/05/2023Mazaya 12 beds · Apartment1,185 sq ft⃃ 580,000Resale · Ready
10/05/2023Mazaya 11 bed · Apartment916 sq ft⃃ 353,000Resale · Ready
07/03/2023Mazaya 12 beds · Apartment1,502 sq ft⃃ 565,000Resale · 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/mazaya-1/2023
Mazaya 1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/mazaya-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 Mazaya 1 in 2023?
9 property sales worth ⃃ 4,313,000 were registered in Mazaya 1 in 2023. That is unchanged from 2022.
What was the median property price in Mazaya 1 in 2023?
The median sale price was ⃃ 565,000 and the median price per square foot ⃃ 489 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Mazaya 1 were off-plan or from developers?
Developer (primary) sales were 11.1% of the 9 sales and resales 88.9%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/mazaya-1/2023