Project · Transactions · 2023

Riah Towers Property Transactions 2023

39 property sales worth ⃃ 49.57M were registered in Riah Towers in 2023, 30.0% higher than 2022 by number of sales. The median sale price was ⃃ 1,304,398 and the median price per square foot ⃃ 800 (+7.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 39 salesUpdated: 18 Oct 2026
Property sales
39
+30.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 49.57M
+31.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,304,398
+1.5% vs 2022
39 sales
Median price per sq ft
⃃ 800
+7.7% vs 2022
39 sales

What types of property sold in Riah Towers in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments39100%⃃ 49.57M⃃ 1,304,398⃃ 800

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)25.1%⃃ 3.53M⃃ 1,766,816⃃ 980
Resale (secondary)3794.9%⃃ 46.04M⃃ 1,300,000⃃ 800
Ready39100%⃃ 49.57M⃃ 1,304,398⃃ 800

How many rental contracts were registered in Riah Towers in 2023?

68 rental contracts (new and renewed) were registered in Riah Towers in 2023, at a median annual rent of ⃃ 83,750 (+19.6% on 2022). Rental yields in Riah Towers

What were the most expensive property sales in Riah Towers in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
23/03/2023Riah Towers3 beds · Apartment4,236 sq ft⃃ 2,400,000Resale · Ready
26/09/2023Riah Towers3 beds · Apartment2,078 sq ft⃃ 2,181,890Primary · Ready
20/01/2023Riah Towers2 beds · Apartment2,688 sq ft⃃ 1,755,000Resale · Ready
10/02/2023Riah Towers3 beds · Apartment2,186 sq ft⃃ 1,750,000Resale · Ready
20/06/2023Riah Towers3 beds · Apartment1,851 sq ft⃃ 1,698,000Resale · Ready
26/01/2023Riah Towers3 beds · Apartment2,065 sq ft⃃ 1,652,304Resale · Ready
10/07/2023Riah Towers3 beds · Apartment2,173 sq ft⃃ 1,600,000Resale · Ready
15/05/2023Riah Towers3 beds · Apartment1,850 sq ft⃃ 1,600,000Resale · Ready
09/01/2023Riah Towers2 beds · Apartment2,269 sq ft⃃ 1,599,970Resale · Ready
09/01/2023Riah Towers3 beds · Apartment2,078 sq ft⃃ 1,464,906Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
08/11/2023Riah Towers1 bed · Apartment945 sq ft⃃ 880,000Resale · Ready
24/10/2023Riah Towers1 bed · Apartment867 sq ft⃃ 817,000Resale · Ready
17/10/2023Riah TowersStudio · Apartment669 sq ft⃃ 468,420Resale · Ready
16/10/2023Riah Towers2 beds · Apartment1,646 sq ft⃃ 1,234,500Resale · Ready
06/10/2023Riah Towers1 bed · Apartment945 sq ft⃃ 900,000Resale · Ready
26/09/2023Riah Towers3 beds · Apartment2,078 sq ft⃃ 2,181,890Primary · Ready
26/09/2023Riah Towers2 beds · Apartment1,485 sq ft⃃ 1,351,741Primary · Ready
19/09/2023Riah Towers1 bed · Apartment1,106 sq ft⃃ 900,000Resale · Ready
13/09/2023Riah Towers1 bed · Apartment945 sq ft⃃ 875,000Resale · Ready
14/08/2023Riah Towers2 beds · Apartment1,473 sq ft⃃ 1,325,000Resale · 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/riah-towers/2023
Riah Towers Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/riah-towers/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 Riah Towers in 2023?
39 property sales worth ⃃ 49,571,926 were registered in Riah Towers in 2023. That is 30.0% higher than 2022.
What was the median property price in Riah Towers in 2023?
The median sale price was ⃃ 1,304,398 and the median price per square foot ⃃ 800 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Riah Towers were off-plan or from developers?
Developer (primary) sales were 5.1% of the 39 sales and resales 94.9%. Primary/resale and off-plan/ready are different splits.

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