Project · Transactions · 2023

Seven Hotel And Apartments The Palm Property Transactions 2023

160 property sales worth ⃃ 245.08M were registered in Seven Hotel And Apartments The Palm in 2023, 7.5% lower than 2022 by number of sales. The median sale price was ⃃ 1,300,000 and the median price per square foot ⃃ 2,930 (+8.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 160 salesUpdated: 17 Oct 2026
Property sales
160
−7.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 245.08M
+11.2% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,300,000
+24.5% vs 2022
160 sales
Median price per sq ft
⃃ 2,930
+8.9% vs 2022
160 sales

What types of property sold in Seven Hotel And Apartments The Palm in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments160100%⃃ 245.08M⃃ 1,300,000⃃ 2,930

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)10.6%⃃ 1.21M⃃ 1,210,000⃃ 3,457
Resale (secondary)15999.4%⃃ 243.87M⃃ 1,300,000⃃ 2,924
Off-plan159.4%⃃ 17.64M⃃ 1,100,000⃃ 2,247
Ready14590.6%⃃ 227.45M⃃ 1,300,000⃃ 2,938

How many rental contracts were registered in Seven Hotel And Apartments The Palm in 2023?

3 rental contracts (new and renewed) were registered in Seven Hotel And Apartments The Palm in 2023, at a median annual rent of ⃃ 159,000. Rental yields in Seven Hotel And Apartments The Palm

What were the most expensive property sales in Seven Hotel And Apartments The Palm in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/09/2023Seven Hotel & Apartments The Palm - A2 beds · Apartment1,100 sq ft⃃ 3,400,000Resale · Ready
13/06/2023Seven Hotel & Apartments The Palm - A2 beds · Apartment1,114 sq ft⃃ 3,300,000Resale · Ready
14/06/2023Seven Hotel & Apartments The Palm - A2 beds · Apartment1,105 sq ft⃃ 3,000,000Resale · Ready
09/09/2023Seven Hotel & Apartments The Palm - B1 bed · Apartment779 sq ft⃃ 3,000,000Resale · Ready
12/06/2023Seven Hotel & Apartments The Palm - A2 beds · Apartment1,105 sq ft⃃ 2,800,000Resale · Ready
08/05/2023Seven Hotel & Apartments The Palm - A2 beds · Apartment1,105 sq ft⃃ 2,800,000Resale · Ready
16/08/2023Seven Hotel & Apartments The Palm - A1 bed · Apartment773 sq ft⃃ 2,750,000Resale · Ready
14/12/2023Seven Hotel & Apartments The Palm - A1 bed · Apartment844 sq ft⃃ 2,700,000Resale · Ready
10/03/2023Seven Hotel & Apartments The Palm - A1 bed · Apartment821 sq ft⃃ 2,675,000Resale · Ready
22/12/2023Seven Hotel & Apartments The Palm - A1 bed · Apartment752 sq ft⃃ 2,650,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
22/12/2023Seven Hotel & Apartments The Palm - A1 bed · Apartment752 sq ft⃃ 2,650,000Resale · Ready
20/12/2023Seven Hotel & Apartments The Palm - BStudio · Apartment354 sq ft⃃ 900,000Resale · Ready
19/12/2023Seven Hotel & Apartments The Palm - A1 bed · Apartment715 sq ft⃃ 2,300,000Resale · Ready
18/12/2023Seven Hotel & Apartments The Palm - A1 bed · Apartment841 sq ft⃃ 2,400,000Resale · Ready
18/12/2023Seven Hotel & Apartments The Palm - BStudio · Apartment354 sq ft⃃ 1,320,000Resale · Ready
15/12/2023Seven Hotel & Apartments The Palm - AStudio · Apartment335 sq ft⃃ 1,150,000Resale · Ready
14/12/2023Seven Hotel & Apartments The Palm - A1 bed · Apartment844 sq ft⃃ 2,700,000Resale · Ready
14/12/2023Seven Hotel & Apartments The Palm - B1 bed · Apartment721 sq ft⃃ 1,850,000Resale · Ready
13/12/2023Seven Hotel & Apartments The Palm - BStudio · Apartment354 sq ft⃃ 1,100,000Resale · Ready
13/12/2023Seven Hotel & Apartments The Palm - BStudio · Apartment354 sq ft⃃ 1,100,000Resale · 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/seven-hotel-and-apartments-the-palm/2023
Seven Hotel And Apartments The Palm Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/seven-hotel-and-apartments-the-palm/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 Seven Hotel And Apartments The Palm in 2023?
160 property sales worth ⃃ 245,084,719 were registered in Seven Hotel And Apartments The Palm in 2023. That is 7.5% lower than 2022.
What was the median property price in Seven Hotel And Apartments The Palm in 2023?
The median sale price was ⃃ 1,300,000 and the median price per square foot ⃃ 2,930 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Seven Hotel And Apartments The Palm were off-plan or from developers?
Developer (primary) sales were 0.6% of the 160 sales and resales 99.4%. Off-plan units made up 9.4% and ready units 90.6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/seven-hotel-and-apartments-the-palm/2023