Area · Transactions · 2023

Muhaisanah First Property Transactions 2023

127 property sales worth ⃃ 237.35M were registered in Muhaisanah First in 2023, 68.8% lower than 2022 by number of sales. The median sale price was ⃃ 1,747,579 and the median price per square foot ⃃ 1,291 (+11.8% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 127 salesUpdated: 17 Oct 2026
Property sales
127
−68.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 237.35M
−62.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,747,579
+11.0% vs 2022
127 sales
Median price per sq ft
⃃ 1,291
+11.8% vs 2022
127 sales

What types of property sold in Muhaisanah First in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments11691.3%⃃ 190.83M⃃ 1,747,457⃃ 1,300

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)10985.8%⃃ 201.04M⃃ 1,764,466⃃ 1,300
Resale (secondary)1814.2%⃃ 36.32M⃃ 1,318,262⃃ 1,125
Ready127100%⃃ 237.35M⃃ 1,747,579⃃ 1,291

How many rental contracts were registered in Muhaisanah First in 2023?

571 rental contracts (new and renewed) were registered in Muhaisanah First in 2023, at a median annual rent of ⃃ 80,083 (+5.9% on 2022). Rental yields in Muhaisanah First

What were the most expensive property sales in Muhaisanah First in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/11/2023Muhaisanah FirstPlot40,000 sq ft⃃ 8,300,000Primary · Ready
18/10/2023Muhaisanah FirstPlot31,641 sq ft⃃ 6,328,200Primary · Ready
03/04/2023Muhaisanah FirstPlot26,000 sq ft⃃ 6,300,000Primary · Ready
28/04/2023Muhaisanah FirstPlot15,420 sq ft⃃ 6,200,000Resale · Ready
18/01/2023Muhaisanah FirstPlot15,000 sq ft⃃ 4,000,000Resale · Ready
05/06/2023Muhaisanah FirstPlot17,900 sq ft⃃ 4,000,000Primary · Ready
11/01/2023Muhaisanah FirstPlot15,003 sq ft⃃ 3,940,000Primary · Ready
10/07/2023Muhaisanah FirstPlot14,755 sq ft⃃ 3,750,000Primary · Ready
17/03/2023Qamar 23 beds · Apartment2,234 sq ft⃃ 3,000,000Resale · Ready
16/06/2023Qamar 23 beds · Apartment2,234 sq ft⃃ 3,000,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
19/12/2023Qamar 91 bed · Apartment838 sq ft⃃ 900,000Resale · Ready
18/12/2023Qamar 72 beds · Apartment2,072 sq ft⃃ 2,238,840Primary · Ready
18/12/2023Qamar 71 bed · Apartment935 sq ft⃃ 1,325,363Primary · Ready
18/12/2023Qamar 71 bed · Apartment905 sq ft⃃ 1,304,739Primary · Ready
18/12/2023Qamar 72 beds · Apartment1,630 sq ft⃃ 2,119,000Primary · Ready
06/12/2023Qamar 71 bed · Apartment905 sq ft⃃ 1,304,739Primary · Ready
30/11/2023Qamar 72 beds · Apartment1,454 sq ft⃃ 1,817,500Primary · Ready
28/11/2023Muhaisanah FirstPlot40,000 sq ft⃃ 8,300,000Primary · Ready
23/11/2023Qamar 101 bed · Apartment1,143 sq ft⃃ 1,000,000Resale · Ready
22/11/2023Qamar 72 beds · Apartment1,361 sq ft⃃ 1,891,790Primary · 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/muhaisanah-first/2023
Muhaisanah First Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/muhaisanah-first/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 Muhaisanah First in 2023?
127 property sales worth ⃃ 237,350,486 were registered in Muhaisanah First in 2023. That is 68.8% lower than 2022.
What was the median property price in Muhaisanah First in 2023?
The median sale price was ⃃ 1,747,579 and the median price per square foot ⃃ 1,291 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Muhaisanah First were off-plan or from developers?
Developer (primary) sales were 85.8% of the 127 sales and resales 14.2%. Primary/resale and off-plan/ready are different splits.

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