Project · Transactions · 2023

Spain Cluster Property Transactions 2023

150 property sales worth ⃃ 45.93M were registered in Spain Cluster in 2023, 2.0% lower than 2022 by number of sales. The median sale price was ⃃ 295,000 and the median price per square foot ⃃ 492 (+10.8% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 150 salesUpdated: 18 Oct 2026
Property sales
150
−2.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 45.93M
+9.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 295,000
+22.9% vs 2022
150 sales
Median price per sq ft
⃃ 492
+10.8% vs 2022
150 sales

What types of property sold in Spain Cluster in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments13791.3%⃃ 39.9M⃃ 275,000⃃ 485
Commercial138.7%⃃ 6.03M⃃ 450,000⃃ 882

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
Resale (secondary)150100%⃃ 45.93M⃃ 295,000⃃ 492
Ready150100%⃃ 45.93M⃃ 295,000⃃ 492

How many rental contracts were registered in Spain Cluster in 2023?

1,587 rental contracts (new and renewed) were registered in Spain Cluster in 2023, at a median annual rent of ⃃ 28,000 (+12.0% on 2022). Rental yields in Spain Cluster

What were the most expensive property sales in Spain Cluster in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
06/10/2023T05Commercial732 sq ft⃃ 700,000Resale · Ready
31/05/2023T02Commercial710 sq ft⃃ 675,000Resale · Ready
16/11/2023T-01Commercial721 sq ft⃃ 600,000Resale · Ready
20/07/2023S052 beds · Apartment1,206 sq ft⃃ 525,000Resale · Ready
30/10/2023S052 beds · Apartment1,206 sq ft⃃ 510,000Resale · Ready
10/08/2023S-02Commercial710 sq ft⃃ 500,000Resale · Ready
25/01/2023S-02Commercial710 sq ft⃃ 480,000Resale · Ready
16/10/2023T-06Commercial463 sq ft⃃ 475,000Resale · Ready
25/05/2023T02Commercial409 sq ft⃃ 450,000Resale · Ready
10/10/2023T02Commercial409 sq ft⃃ 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/spain-cluster/2023
Spain Cluster Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/spain-cluster/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 Spain Cluster in 2023?
150 property sales worth ⃃ 45,927,201 were registered in Spain Cluster in 2023. That is 2.0% lower than 2022.
What was the median property price in Spain Cluster in 2023?
The median sale price was ⃃ 295,000 and the median price per square foot ⃃ 492 (1 Jan – 31 Dec 2023).

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