Project · Transactions · 2023

Raya Property Transactions 2023

97 property sales worth ⃃ 216.11M were registered in Raya in 2023, 34.5% lower than 2022 by number of sales. The median sale price was ⃃ 2,061,888 and the median price per square foot ⃃ 1,282 (+1.4% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 97 salesUpdated: 18 Oct 2026
Property sales
97
−34.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 216.11M
−33.4% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,061,888
+1.9% vs 2022
97 sales
Median price per sq ft
⃃ 1,282
+1.4% vs 2022
97 sales

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)9193.8%⃃ 204.11M⃃ 2,061,888⃃ 1,282
Resale (secondary)66.2%⃃ 12M⃃ 2,056,994⃃ 1,273
Off-plan97100%⃃ 216.11M⃃ 2,061,888⃃ 1,282

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

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
24/11/2023Raya3 beds · Townhouse1,747 sq ft⃃ 2,095,100Resale · Off-plan
08/11/2023Raya3 beds · Townhouse1,559 sq ft⃃ 2,046,591Primary · Off-plan
31/10/2023Raya4 beds · Townhouse2,939 sq ft⃃ 2,615,469Resale · Off-plan
06/09/2023Raya3 beds · Townhouse1,559 sq ft⃃ 1,970,000Resale · Off-plan
07/08/2023Raya3 beds · Townhouse1,559 sq ft⃃ 2,300,000Resale · Off-plan
12/06/2023Raya4 beds · Townhouse3,420 sq ft⃃ 2,666,470Primary · Off-plan
30/05/2023Raya3 beds · Townhouse1,559 sq ft⃃ 2,018,888Resale · Off-plan
29/05/2023Raya3 beds · Townhouse1,559 sq ft⃃ 1,000,000Resale · Off-plan
16/05/2023Raya3 beds · Townhouse1,559 sq ft⃃ 1,980,888Primary · Off-plan
15/05/2023Raya3 beds · Townhouse1,559 sq ft⃃ 1,980,888Primary · Off-plan

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/raya/2023
Raya Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/raya/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 Raya in 2023?
97 property sales worth ⃃ 216,108,583 were registered in Raya in 2023. That is 34.5% lower than 2022.
What was the median property price in Raya in 2023?
The median sale price was ⃃ 2,061,888 and the median price per square foot ⃃ 1,282 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Raya were off-plan or from developers?
Developer (primary) sales were 93.8% of the 97 sales and resales 6.2%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

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