Building · Transactions · 2023

Summer 1 Property Transactions 2023

11 property sales worth ⃃ 6.16M were registered in Summer 1 in 2023, 120.0% higher than 2022 by number of sales. The median sale price was ⃃ 500,000 and the median price per square foot ⃃ 664 (+27.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 11 salesUpdated: 19 Oct 2026
Property sales
11
+120.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 6.16M
+267.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 500,000
+49.3% vs 2022
11 sales
Median price per sq ft
⃃ 664
+27.9% vs 2022
11 sales

What types of property sold in Summer 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments11100%⃃ 6.16M⃃ 500,000⃃ 664

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)11100%⃃ 6.16M⃃ 500,000⃃ 664
Ready11100%⃃ 6.16M⃃ 500,000⃃ 664

How many rental contracts were registered in Summer 1 in 2023?

80 rental contracts (new and renewed) were registered in Summer 1 in 2023, at a median annual rent of ⃃ 42,500 (+21.4% on 2022). Rental yields in Summer 1

What were the most expensive property sales in Summer 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
18/12/2023Summer 12 beds · Apartment1,038 sq ft⃃ 875,000Resale · Ready
11/09/2023Summer 12 beds · Apartment1,259 sq ft⃃ 820,000Resale · Ready
01/02/2023Summer 12 beds · Apartment1,259 sq ft⃃ 670,000Resale · Ready
15/09/2023Summer 11 bed · Apartment904 sq ft⃃ 600,000Resale · Ready
23/01/2023Summer 12 beds · Apartment1,149 sq ft⃃ 590,000Resale · Ready
23/06/2023Summer 11 bed · Apartment604 sq ft⃃ 500,000Resale · Ready
26/10/2023Summer 11 bed · Apartment585 sq ft⃃ 460,000Resale · Ready
04/05/2023Summer 11 bed · Apartment842 sq ft⃃ 435,000Resale · Ready
12/06/2023Summer 11 bed · Apartment605 sq ft⃃ 430,000Resale · Ready
18/08/2023Summer 11 bed · Apartment602 sq ft⃃ 419,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
18/12/2023Summer 12 beds · Apartment1,038 sq ft⃃ 875,000Resale · Ready
26/10/2023Summer 11 bed · Apartment585 sq ft⃃ 460,000Resale · Ready
15/09/2023Summer 11 bed · Apartment904 sq ft⃃ 600,000Resale · Ready
11/09/2023Summer 12 beds · Apartment1,259 sq ft⃃ 820,000Resale · Ready
18/08/2023Summer 11 bed · Apartment602 sq ft⃃ 419,000Resale · Ready
23/06/2023Summer 11 bed · Apartment604 sq ft⃃ 500,000Resale · Ready
12/06/2023Summer 11 bed · Apartment605 sq ft⃃ 430,000Resale · Ready
04/05/2023Summer 11 bed · Apartment842 sq ft⃃ 435,000Resale · Ready
01/02/2023Summer 12 beds · Apartment1,259 sq ft⃃ 670,000Resale · Ready
23/01/2023Summer 12 beds · Apartment1,149 sq ft⃃ 590,000Resale · 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/summer-1/2023
Summer 1 Property Transactions 2023. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/summer-1/2023

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 Summer 1 in 2023?
11 property sales worth ⃃ 6,164,000 were registered in Summer 1 in 2023. That is 120.0% higher than 2022.
What was the median property price in Summer 1 in 2023?
The median sale price was ⃃ 500,000 and the median price per square foot ⃃ 664 (1 Jan – 31 Dec 2023).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/summer-1/2023