Project · Transactions · 2023

Prime Residency Property Transactions 2023

26 property sales worth ⃃ 12.42M were registered in Prime Residency in 2023, 21.2% lower than 2022 by number of sales. The median sale price was ⃃ 350,000 and the median price per square foot ⃃ 550 (+11.2% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 26 salesUpdated: 18 Oct 2026
Property sales
26
−21.2% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 12.42M
−0.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 350,000
+7.7% vs 2022
26 sales
Median price per sq ft
⃃ 550
+11.2% vs 2022
26 sales

What types of property sold in Prime Residency in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2492.3%⃃ 8.99M⃃ 350,000⃃ 539
Commercial27.7%⃃ 3.43M⃃ 1,715,000⃃ 969

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)26100%⃃ 12.42M⃃ 350,000⃃ 550
Ready26100%⃃ 12.42M⃃ 350,000⃃ 550

How many rental contracts were registered in Prime Residency in 2023?

184 rental contracts (new and renewed) were registered in Prime Residency in 2023, at a median annual rent of ⃃ 33,500 (+11.7% on 2022). Rental yields in Prime Residency

What were the most expensive property sales in Prime Residency in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
02/08/2023Prime Residency1Commercial2,366 sq ft⃃ 2,370,000Resale · Ready
13/11/2023Prime Residency1Commercial1,132 sq ft⃃ 1,060,000Resale · Ready
28/12/2023Prime Residency22 beds · Apartment1,009 sq ft⃃ 615,000Resale · Ready
21/08/2023Prime Residency22 beds · Apartment969 sq ft⃃ 560,000Resale · Ready
22/02/2023Prime Residency22 beds · Apartment911 sq ft⃃ 490,000Resale · Ready
06/03/2023Prime Residency12 beds · Apartment985 sq ft⃃ 475,000Resale · Ready
10/10/2023Prime Residency11 bed · Apartment642 sq ft⃃ 400,000Resale · Ready
24/10/2023Prime Residency11 bed · Apartment686 sq ft⃃ 390,000Resale · Ready
27/09/2023Prime Residency11 bed · Apartment686 sq ft⃃ 385,000Resale · Ready
23/08/2023Prime Residency21 bed · Apartment642 sq ft⃃ 375,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Prime Residency22 beds · Apartment1,009 sq ft⃃ 615,000Resale · Ready
27/11/2023Prime Residency21 bed · Apartment642 sq ft⃃ 263,000Resale · Ready
13/11/2023Prime Residency1Commercial1,132 sq ft⃃ 1,060,000Resale · Ready
24/10/2023Prime Residency11 bed · Apartment686 sq ft⃃ 390,000Resale · Ready
20/10/2023Prime Residency11 bed · Apartment621 sq ft⃃ 365,000Resale · Ready
10/10/2023Prime Residency11 bed · Apartment642 sq ft⃃ 400,000Resale · Ready
27/09/2023Prime Residency11 bed · Apartment686 sq ft⃃ 385,000Resale · Ready
13/09/2023Prime Residency21 bed · Apartment626 sq ft⃃ 350,000Resale · Ready
11/09/2023Prime Residency21 bed · Apartment647 sq ft⃃ 350,000Resale · Ready
05/09/2023Prime Residency11 bed · Apartment625 sq ft⃃ 350,000Resale · 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/prime-residency/2023
Prime Residency Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/prime-residency/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 Prime Residency in 2023?
26 property sales worth ⃃ 12,423,000 were registered in Prime Residency in 2023. That is 21.2% lower than 2022.
What was the median property price in Prime Residency in 2023?
The median sale price was ⃃ 350,000 and the median price per square foot ⃃ 550 (1 Jan – 31 Dec 2023).

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