Building · Transactions · 2023

Rahaal 1 Property Transactions 2023

20 property sales worth ⃃ 56.53M were registered in Rahaal 1 in 2023, 28.6% lower than 2022 by number of sales. The median sale price was ⃃ 2,350,000 and the median price per square foot ⃃ 2,517 (+10.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 20 salesUpdated: 19 Oct 2026
Property sales
20
−28.6% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 56.53M
−39.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,350,000
−26.0% vs 2022
20 sales
Median price per sq ft
⃃ 2,517
+10.5% vs 2022
20 sales

What types of property sold in Rahaal 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments20100%⃃ 56.53M⃃ 2,350,000⃃ 2,517

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)20100%⃃ 56.53M⃃ 2,350,000⃃ 2,517
Ready20100%⃃ 56.53M⃃ 2,350,000⃃ 2,517

How many rental contracts were registered in Rahaal 1 in 2023?

42 rental contracts (new and renewed) were registered in Rahaal 1 in 2023, at a median annual rent of ⃃ 149,500 (+24.6% on 2022). Rental yields in Rahaal 1

What were the most expensive property sales in Rahaal 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/03/2023Rahaal 13 beds · Apartment1,993 sq ft⃃ 7,300,000Resale · Ready
10/10/2023Rahaal 12 beds · Apartment1,494 sq ft⃃ 4,500,000Resale · Ready
02/11/2023Rahaal 12 beds · Apartment1,344 sq ft⃃ 4,282,000Resale · Ready
06/09/2023Rahaal 12 beds · Apartment1,493 sq ft⃃ 3,600,000Resale · Ready
28/12/2023Rahaal 12 beds · Apartment1,997 sq ft⃃ 3,550,000Resale · Ready
09/05/2023Rahaal 12 beds · Apartment1,619 sq ft⃃ 3,079,000Resale · Ready
26/01/2023Rahaal 12 beds · Apartment1,494 sq ft⃃ 2,975,000Resale · Ready
31/08/2023Rahaal 11 bed · Apartment812 sq ft⃃ 2,500,000Resale · Ready
02/02/2023Rahaal 11 bed · Apartment836 sq ft⃃ 2,450,000Resale · Ready
20/11/2023Rahaal 11 bed · Apartment815 sq ft⃃ 2,400,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Rahaal 12 beds · Apartment1,997 sq ft⃃ 3,550,000Resale · Ready
30/11/2023Rahaal 11 bed · Apartment805 sq ft⃃ 2,137,791Resale · Ready
20/11/2023Rahaal 11 bed · Apartment815 sq ft⃃ 2,400,000Resale · Ready
15/11/2023Rahaal 11 bed · Apartment831 sq ft⃃ 2,000,000Resale · Ready
02/11/2023Rahaal 12 beds · Apartment1,344 sq ft⃃ 4,282,000Resale · Ready
31/10/2023Rahaal 11 bed · Apartment839 sq ft⃃ 1,800,000Resale · Ready
20/10/2023Rahaal 11 bed · Apartment812 sq ft⃃ 2,130,000Resale · Ready
10/10/2023Rahaal 12 beds · Apartment1,494 sq ft⃃ 4,500,000Resale · Ready
14/09/2023Rahaal 11 bed · Apartment818 sq ft⃃ 2,000,000Resale · Ready
06/09/2023Rahaal 12 beds · Apartment1,493 sq ft⃃ 3,600,000Resale · 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/rahaal-1/2023
Rahaal 1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/rahaal-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 Rahaal 1 in 2023?
20 property sales worth ⃃ 56,528,412 were registered in Rahaal 1 in 2023. That is 28.6% lower than 2022.
What was the median property price in Rahaal 1 in 2023?
The median sale price was ⃃ 2,350,000 and the median price per square foot ⃃ 2,517 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/rahaal-1/2023