Building · Transactions · 2023

P-07 Property Transactions 2023

9 property sales worth ⃃ 3.22M were registered in P-07 in 2023, 12.5% higher than 2022 by number of sales. The median sale price was ⃃ 325,000 and the median price per square foot ⃃ 464 (−2.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 9 salesUpdated: 18 Oct 2026
Property sales
9
+12.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 3.22M
+18.2% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 325,000
0.0% vs 2022
9 sales
Median price per sq ft
⃃ 464
−2.6% vs 2022
9 sales

What types of property sold in P-07 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments777.8%⃃ 2.24M⃃ 325,000⃃ 451
Commercial222.2%⃃ 980K⃃ 490,000⃃ 850

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
Resale (secondary)9100%⃃ 3.22M⃃ 325,000⃃ 464
Ready9100%⃃ 3.22M⃃ 325,000⃃ 464

How many rental contracts were registered in P-07 in 2023?

59 rental contracts (new and renewed) were registered in P-07 in 2023, at a median annual rent of ⃃ 27,600 (+25.5% on 2022). Rental yields in P-07

What were the most expensive property sales in P-07 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/07/2023P-07Commercial721 sq ft⃃ 614,000Resale · Ready
20/07/2023P-07Commercial431 sq ft⃃ 366,000Resale · Ready
26/09/2023P-071 bed · Apartment732 sq ft⃃ 350,000Resale · Ready
27/03/2023P-071 bed · Apartment743 sq ft⃃ 345,000Resale · Ready
20/07/2023P-071 bed · Apartment721 sq ft⃃ 325,000Resale · Ready
26/06/2023P-071 bed · Apartment732 sq ft⃃ 325,000Resale · Ready
10/01/2023P-071 bed · Apartment721 sq ft⃃ 320,000Resale · Ready
23/01/2023P-071 bed · Apartment743 sq ft⃃ 318,000Resale · Ready
29/11/2023P-07Studio · Apartment484 sq ft⃃ 253,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
29/11/2023P-07Studio · Apartment484 sq ft⃃ 253,000Resale · Ready
26/09/2023P-071 bed · Apartment732 sq ft⃃ 350,000Resale · Ready
20/07/2023P-07Commercial431 sq ft⃃ 366,000Resale · Ready
20/07/2023P-07Commercial721 sq ft⃃ 614,000Resale · Ready
20/07/2023P-071 bed · Apartment721 sq ft⃃ 325,000Resale · Ready
26/06/2023P-071 bed · Apartment732 sq ft⃃ 325,000Resale · Ready
27/03/2023P-071 bed · Apartment743 sq ft⃃ 345,000Resale · Ready
23/01/2023P-071 bed · Apartment743 sq ft⃃ 318,000Resale · Ready
10/01/2023P-071 bed · Apartment721 sq ft⃃ 320,000Resale · 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/p-07/2023
P-07 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/p-07/2023

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 P-07 in 2023?
9 property sales worth ⃃ 3,216,000 were registered in P-07 in 2023. That is 12.5% higher than 2022.
What was the median property price in P-07 in 2023?
The median sale price was ⃃ 325,000 and the median price per square foot ⃃ 464 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/p-07/2023