Building · Transactions · 2023

Q04 Property Transactions 2023

10 property sales worth ⃃ 2.99M were registered in Q04 in 2023, 150.0% higher than 2022 by number of sales. The median sale price was ⃃ 261,000 and the median price per square foot ⃃ 572 (−15.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 10 salesUpdated: 18 Oct 2026
Property sales
10
+150.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 2.99M
+82.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 261,000
−30.4% vs 2022
10 sales
Median price per sq ft
⃃ 572
−15.0% vs 2022
10 sales

What types of property sold in Q04 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments880%⃃ 2.06M⃃ 243,500⃃ 550
Commercial220%⃃ 930K⃃ 465,000⃃ 1,031

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)10100%⃃ 2.99M⃃ 261,000⃃ 572
Ready10100%⃃ 2.99M⃃ 261,000⃃ 572

How many rental contracts were registered in Q04 in 2023?

68 rental contracts (new and renewed) were registered in Q04 in 2023, at a median annual rent of ⃃ 29,350 (+22.3% on 2022). Rental yields in Q04

What were the most expensive property sales in Q04 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/11/2023Q04Commercial409 sq ft⃃ 480,000Resale · Ready
21/06/2023Q04Commercial506 sq ft⃃ 450,000Resale · Ready
22/05/2023Q041 bed · Apartment696 sq ft⃃ 330,000Resale · Ready
29/05/2023Q041 bed · Apartment686 sq ft⃃ 310,000Resale · Ready
28/02/2023Q041 bed · Apartment506 sq ft⃃ 275,000Resale · Ready
13/06/2023Q04Studio · Apartment444 sq ft⃃ 247,000Resale · Ready
17/02/2023Q04Studio · Apartment409 sq ft⃃ 240,000Resale · Ready
22/05/2023Q04Studio · Apartment442 sq ft⃃ 240,000Resale · Ready
23/02/2023Q04Studio · Apartment484 sq ft⃃ 220,892Resale · Ready
08/03/2023Q04Studio · Apartment446 sq ft⃃ 200,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
08/11/2023Q04Commercial409 sq ft⃃ 480,000Resale · Ready
21/06/2023Q04Commercial506 sq ft⃃ 450,000Resale · Ready
13/06/2023Q04Studio · Apartment444 sq ft⃃ 247,000Resale · Ready
29/05/2023Q041 bed · Apartment686 sq ft⃃ 310,000Resale · Ready
22/05/2023Q04Studio · Apartment442 sq ft⃃ 240,000Resale · Ready
22/05/2023Q041 bed · Apartment696 sq ft⃃ 330,000Resale · Ready
08/03/2023Q04Studio · Apartment446 sq ft⃃ 200,000Resale · Ready
28/02/2023Q041 bed · Apartment506 sq ft⃃ 275,000Resale · Ready
23/02/2023Q04Studio · Apartment484 sq ft⃃ 220,892Resale · Ready
17/02/2023Q04Studio · Apartment409 sq ft⃃ 240,000Resale · 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/q04/2023
Q04 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/q04/2023

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 Q04 in 2023?
10 property sales worth ⃃ 2,992,892 were registered in Q04 in 2023. That is 150.0% higher than 2022.
What was the median property price in Q04 in 2023?
The median sale price was ⃃ 261,000 and the median price per square foot ⃃ 572 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/q04/2023