Project · Transactions · 2023

Redwood Park Phase2 Property Transactions 2023

6 property sales worth ⃃ 23.2M were registered in Redwood Park Phase2 in 2023, 25.0% lower than 2022 by number of sales. The median sale price was ⃃ 3,862,500 and the median price per square foot ⃃ 1,278 (+2.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 6 salesUpdated: 18 Oct 2026
Property sales
6
−25.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 23.2M
−21.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 3,862,500
+8.8% vs 2022
6 sales
Median price per sq ft
⃃ 1,278
+2.7% vs 2022
6 sales

What types of property sold in Redwood Park Phase2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas6100%⃃ 23.2M⃃ 3,862,500⃃ 1,278

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)116.7%⃃ 3.45M⃃ 3,452,000⃃ 1,210
Resale (secondary)583.3%⃃ 19.75M⃃ 3,875,000⃃ 1,346
Ready6100%⃃ 23.2M⃃ 3,862,500⃃ 1,278

How many rental contracts were registered in Redwood Park Phase2 in 2023?

14 rental contracts (new and renewed) were registered in Redwood Park Phase2 in 2023, at a median annual rent of ⃃ 277,500 (+39.8% on 2022). Rental yields in Redwood Park Phase2

What were the most expensive property sales in Redwood Park Phase2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/09/2023Redwood Park Phase23 beds · Villa1,972 sq ft⃃ 4,350,000Resale · Ready
23/02/2023Redwood Park Phase24 beds · Villa3,198 sq ft⃃ 4,275,000Resale · Ready
21/02/2023Redwood Park Phase23 beds · Villa1,946 sq ft⃃ 3,875,000Resale · Ready
04/04/2023Redwood Park Phase23 beds · Villa1,958 sq ft⃃ 3,850,000Resale · Ready
27/03/2023Redwood Park Phase23 beds · Villa1,981 sq ft⃃ 3,452,000Primary · Ready
25/05/2023Redwood Park Phase23 beds · Villa2,030 sq ft⃃ 3,400,000Resale · Ready

What were the last registered sales of 2023?

No transactions on record for this selection.

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/redwood-park-phase2/2023
Redwood Park Phase2 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/redwood-park-phase2/2023

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 Redwood Park Phase2 in 2023?
6 property sales worth ⃃ 23,202,000 were registered in Redwood Park Phase2 in 2023. That is 25.0% lower than 2022.
What was the median property price in Redwood Park Phase2 in 2023?
The median sale price was ⃃ 3,862,500 and the median price per square foot ⃃ 1,278 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Redwood Park Phase2 were off-plan or from developers?
Developer (primary) sales were 16.7% of the 6 sales and resales 83.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/redwood-park-phase2/2023