Project · Transactions · 2023

Nad Al Sheba Gardens Phase 1 Property Transactions 2023

85 property sales worth ⃃ 528.17M were registered in Nad Al Sheba Gardens Phase 1 in 2023, 2.3% lower than 2022 by number of sales. The median sale price was ⃃ 5,350,000 and the median price per square foot ⃃ 700 (+47.3% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 85 salesUpdated: 19 Oct 2026
Property sales
85
−2.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 528.17M
+61.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 5,350,000
+78.3% vs 2022
85 sales
Median price per sq ft
⃃ 700
+47.3% vs 2022
85 sales

What types of property sold in Nad Al Sheba Gardens Phase 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas7183.5%⃃ 369.59M⃃ 5,100,000⃃ 700

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)33.5%⃃ 28.39M⃃ 9,830,636⃃ 580
Resale (secondary)8296.5%⃃ 499.78M⃃ 5,300,000⃃ 700
Ready85100%⃃ 528.17M⃃ 5,350,000⃃ 700

How many rental contracts were registered in Nad Al Sheba Gardens Phase 1 in 2023?

3 rental contracts (new and renewed) were registered in Nad Al Sheba Gardens Phase 1 in 2023, at a median annual rent of ⃃ 450,000 (+125.0% on 2022). Rental yields in Nad Al Sheba Gardens Phase 1

What were the most expensive property sales in Nad Al Sheba Gardens Phase 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
02/11/2023Nad Al Sheba Gardens Phase 1Plot30,031 sq ft⃃ 30,000,000Resale · Ready
19/12/2023Nad Al Sheba Gardens Phase 17 beds · Villa9,983 sq ft⃃ 15,000,000Resale · Ready
21/11/2023Nad Al Sheba Gardens Phase 1Plot15,182 sq ft⃃ 13,000,000Resale · Ready
21/11/2023Nad Al Sheba Gardens Phase 1Plot15,183 sq ft⃃ 13,000,000Resale · Ready
27/10/2023Nad Al Sheba Gardens Phase 1Plot15,016 sq ft⃃ 12,500,000Resale · Ready
28/08/2023Nad Al Sheba Gardens Phase 1Plot16,684 sq ft⃃ 12,100,000Resale · Ready
17/04/2023Nad Al Sheba Gardens Phase 1Plot17,998 sq ft⃃ 10,636,570Primary · Ready
26/06/2023Nad Al Sheba Gardens Phase 1Plot17,998 sq ft⃃ 10,636,569Resale · Ready
07/04/2023Nad Al Sheba Gardens Phase 1Plot17,322 sq ft⃃ 10,500,000Resale · Ready
14/04/2023Nad Al Sheba Gardens Phase 1Plot16,942 sq ft⃃ 9,830,636Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
27/12/2023Nad Al Sheba Gardens Phase 1Villa5,003 sq ft⃃ 7,550,000Resale · Ready
25/12/2023Nad Al Sheba Gardens Phase 1Villa5,346 sq ft⃃ 2,060,000Resale · Ready
25/12/2023Nad Al Sheba Gardens Phase 1Villa5,346 sq ft⃃ 1,565,600Resale · Ready
25/12/2023Nad Al Sheba Gardens Phase 1Villa5,003 sq ft⃃ 1,387,500Resale · Ready
20/12/2023Nad Al Sheba Gardens Phase 1Villa10,013 sq ft⃃ 7,200,000Resale · Ready
19/12/2023Nad Al Sheba Gardens Phase 17 beds · Villa9,983 sq ft⃃ 15,000,000Resale · Ready
15/12/2023Nad Al Sheba Gardens Phase 1Villa10,499 sq ft⃃ 8,399,464Resale · Ready
11/12/2023Nad Al Sheba Gardens Phase 1Villa5,221 sq ft⃃ 8,800,000Resale · Ready
01/12/2023Nad Al Sheba Gardens Phase 1Villa10,013 sq ft⃃ 7,250,000Resale · Ready
24/11/2023Nad Al Sheba Gardens Phase 1Villa5,003 sq ft⃃ 7,600,000Resale · 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/nad-al-sheba-gardens-phase-1/2023
Nad Al Sheba Gardens Phase 1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/nad-al-sheba-gardens-phase-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 Nad Al Sheba Gardens Phase 1 in 2023?
85 property sales worth ⃃ 528,167,099 were registered in Nad Al Sheba Gardens Phase 1 in 2023. That is 2.3% lower than 2022.
What was the median property price in Nad Al Sheba Gardens Phase 1 in 2023?
The median sale price was ⃃ 5,350,000 and the median price per square foot ⃃ 700 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Nad Al Sheba Gardens Phase 1 were off-plan or from developers?
Developer (primary) sales were 3.5% of the 85 sales and resales 96.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/nad-al-sheba-gardens-phase-1/2023