Project · Transactions · 2023

South Ridge Property Transactions 2023

95 property sales worth ⃃ 228.31M were registered in South Ridge in 2023, 14.5% higher than 2022 by number of sales. The median sale price was ⃃ 1,820,000 and the median price per square foot ⃃ 1,623 (+14.3% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 95 salesUpdated: 17 Oct 2026
Property sales
95
+14.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 228.31M
+27.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,820,000
−9.0% vs 2022
95 sales
Median price per sq ft
⃃ 1,623
+14.3% vs 2022
95 sales

What types of property sold in South Ridge in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments95100%⃃ 228.31M⃃ 1,820,000⃃ 1,623

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)11.1%⃃ 6.5M⃃ 6,500,000⃃ 2,391
Resale (secondary)9498.9%⃃ 221.81M⃃ 1,818,670⃃ 1,608
Ready95100%⃃ 228.31M⃃ 1,820,000⃃ 1,623

How many rental contracts were registered in South Ridge in 2023?

642 rental contracts (new and renewed) were registered in South Ridge in 2023, at a median annual rent of ⃃ 112,000 (+6.7% on 2022). Rental yields in South Ridge

What were the most expensive property sales in South Ridge in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/10/2023South Ridge - Podium Villas East3 beds · Apartment3,946 sq ft⃃ 7,700,000Resale · Ready
06/03/2023South Ridge 53 beds · Apartment3,428 sq ft⃃ 7,650,000Resale · Ready
26/10/2023South Ridge - Podium Villas West3 beds · Apartment3,778 sq ft⃃ 6,500,000Primary · Ready
30/11/2023South Ridge - Podium Villas East3 beds · Apartment3,952 sq ft⃃ 5,950,000Resale · Ready
13/06/2023South Ridge - Podium Villas East3 beds · Apartment3,825 sq ft⃃ 5,400,000Resale · Ready
26/10/2023South Ridge 63 beds · Apartment2,102 sq ft⃃ 4,650,000Resale · Ready
23/11/2023South Ridge 13 beds · Apartment2,102 sq ft⃃ 4,600,000Resale · Ready
20/07/2023South Ridge 13 beds · Apartment2,102 sq ft⃃ 4,250,000Resale · Ready
29/11/2023South Ridge 53 beds · Apartment1,892 sq ft⃃ 4,000,000Resale · Ready
22/05/2023South Ridge 63 beds · Apartment2,102 sq ft⃃ 3,850,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023South Ridge 42 beds · Apartment1,663 sq ft⃃ 2,850,000Resale · Ready
26/12/2023South Ridge 42 beds · Apartment1,808 sq ft⃃ 2,700,000Resale · Ready
21/12/2023South Ridge 62 beds · Apartment1,491 sq ft⃃ 2,500,000Resale · Ready
19/12/2023South Ridge 12 beds · Apartment1,635 sq ft⃃ 3,845,000Resale · Ready
14/12/2023South Ridge 11 bed · Apartment1,060 sq ft⃃ 1,720,000Resale · Ready
13/12/2023South Ridge 31 bed · Apartment1,025 sq ft⃃ 1,540,000Resale · Ready
12/12/2023South Ridge 21 bed · Apartment1,129 sq ft⃃ 1,640,000Resale · Ready
11/12/2023South Ridge 22 beds · Apartment1,464 sq ft⃃ 3,550,000Resale · Ready
30/11/2023South Ridge - Podium Villas East3 beds · Apartment3,952 sq ft⃃ 5,950,000Resale · Ready
29/11/2023South Ridge 53 beds · Apartment1,892 sq ft⃃ 4,000,000Resale · 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/south-ridge/2023
South Ridge Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/south-ridge/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 South Ridge in 2023?
95 property sales worth ⃃ 228,306,526 were registered in South Ridge in 2023. That is 14.5% higher than 2022.
What was the median property price in South Ridge in 2023?
The median sale price was ⃃ 1,820,000 and the median price per square foot ⃃ 1,623 (1 Jan – 31 Dec 2023).
What share of 2023 sales in South Ridge were off-plan or from developers?
Developer (primary) sales were 1.1% of the 95 sales and resales 98.9%. Primary/resale and off-plan/ready are different splits.

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