Project · Transactions · 2023

Morocco Cluster Property Transactions 2023

150 property sales worth ⃃ 47.98M were registered in Morocco Cluster in 2023, 51.5% higher than 2022 by number of sales. The median sale price was ⃃ 300,000 and the median price per square foot ⃃ 461 (+15.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 150 salesUpdated: 17 Oct 2026
Property sales
150
+51.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 47.98M
+84.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 300,000
+11.1% vs 2022
150 sales
Median price per sq ft
⃃ 461
+15.0% vs 2022
150 sales

What types of property sold in Morocco Cluster in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments11677.3%⃃ 31.61M⃃ 285,000⃃ 441
Commercial3422.7%⃃ 16.37M⃃ 469,883⃃ 659

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)2718%⃃ 12.65M⃃ 464,830⃃ 655
Resale (secondary)12382%⃃ 35.33M⃃ 285,000⃃ 443
Ready150100%⃃ 47.98M⃃ 300,000⃃ 461

How many rental contracts were registered in Morocco Cluster in 2023?

841 rental contracts (new and renewed) were registered in Morocco Cluster in 2023, at a median annual rent of ⃃ 28,000 (+12.0% on 2022). Rental yields in Morocco Cluster

What were the most expensive property sales in Morocco Cluster in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/01/2023I-07Commercial1,066 sq ft⃃ 697,245Primary · Ready
17/01/2023I-06Commercial1,023 sq ft⃃ 666,930Primary · Ready
20/03/2023I-06Commercial710 sq ft⃃ 621,627Resale · Ready
28/09/2023I-13Commercial721 sq ft⃃ 600,000Resale · Ready
17/01/2023I-15Commercial893 sq ft⃃ 581,038Primary · Ready
17/01/2023I14Commercial893 sq ft⃃ 581,038Primary · Ready
11/05/2023I14Commercial635 sq ft⃃ 571,500Resale · Ready
17/01/2023I-06Commercial883 sq ft⃃ 570,933Primary · Ready
17/01/2023I-15Commercial850 sq ft⃃ 550,723Primary · Ready
17/01/2023I14Commercial850 sq ft⃃ 550,723Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
19/12/2023J-031 bed · Apartment716 sq ft⃃ 320,000Resale · Ready
19/12/2023I101 bed · Apartment743 sq ft⃃ 320,000Resale · Ready
19/12/2023I091 bed · Apartment743 sq ft⃃ 320,000Resale · Ready
15/12/2023I-151 bed · Apartment716 sq ft⃃ 325,000Resale · Ready
13/12/2023I-13Studio · Apartment474 sq ft⃃ 200,000Resale · Ready
11/12/2023J-06Studio · Apartment474 sq ft⃃ 235,000Resale · Ready
08/12/2023I10Studio · Apartment474 sq ft⃃ 245,000Resale · Ready
07/12/2023I101 bed · Apartment716 sq ft⃃ 350,000Resale · Ready
07/12/2023J-03Commercial463 sq ft⃃ 495,000Resale · Ready
07/12/2023I-071 bed · Apartment716 sq ft⃃ 314,000Resale · 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/morocco-cluster/2023
Morocco Cluster Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/morocco-cluster/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 Morocco Cluster in 2023?
150 property sales worth ⃃ 47,977,893 were registered in Morocco Cluster in 2023. That is 51.5% higher than 2022.
What was the median property price in Morocco Cluster in 2023?
The median sale price was ⃃ 300,000 and the median price per square foot ⃃ 461 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Morocco Cluster were off-plan or from developers?
Developer (primary) sales were 18% of the 150 sales and resales 82%. Primary/resale and off-plan/ready are different splits.

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