Building · Transactions · 2023

Terhab Hotel & Towers - Tower 1 Property Transactions 2023

34 property sales worth ⃃ 23.54M were registered in Terhab Hotel & Towers - Tower 1 in 2023, 88.9% higher than 2022 by number of sales. The median sale price was ⃃ 639,843 and the median price per square foot ⃃ 1,603 (0.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 34 salesUpdated: 18 Oct 2026
Property sales
34
+88.9% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 23.54M
+104.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 639,843
+7.5% vs 2022
34 sales
Median price per sq ft
⃃ 1,603
0.0% vs 2022
34 sales

What types of property sold in Terhab Hotel & Towers - Tower 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments34100%⃃ 23.54M⃃ 639,843⃃ 1,603

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)2882.4%⃃ 19.68M⃃ 656,992⃃ 1,537
Resale (secondary)617.6%⃃ 3.86M⃃ 627,729⃃ 1,659
Ready34100%⃃ 23.54M⃃ 639,843⃃ 1,603

How many rental contracts were registered in Terhab Hotel & Towers - Tower 1 in 2023?

182 rental contracts (new and renewed) were registered in Terhab Hotel & Towers - Tower 1 in 2023, at a median annual rent of ⃃ 49,000 (−15.4% on 2022). Rental yields in Terhab Hotel & Towers - Tower 1

What were the most expensive property sales in Terhab Hotel & Towers - Tower 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/05/2023Terhab Hotel & Towers - Tower 11 bed · Apartment798 sq ft⃃ 1,075,947Primary · Ready
20/11/2023Terhab Hotel & Towers - Tower 11 bed · Apartment798 sq ft⃃ 1,000,100Primary · Ready
24/05/2023Terhab Hotel & Towers - Tower 11 bed · Apartment676 sq ft⃃ 947,589Primary · Ready
18/09/2023Terhab Hotel & Towers - Tower 11 bed · Apartment666 sq ft⃃ 941,986Primary · Ready
13/12/2023Terhab Hotel & Towers - Tower 11 bed · Apartment737 sq ft⃃ 927,629Primary · Ready
23/01/2023Terhab Hotel & Towers - Tower 11 bed · Apartment737 sq ft⃃ 921,545Primary · Ready
07/09/2023Terhab Hotel & Towers - Tower 1Studio · Apartment493 sq ft⃃ 804,843Primary · Ready
18/09/2023Terhab Hotel & Towers - Tower 1Studio · Apartment456 sq ft⃃ 799,201Primary · Ready
06/12/2023Terhab Hotel & Towers - Tower 1Studio · Apartment456 sq ft⃃ 795,000Primary · Ready
30/01/2023Terhab Hotel & Towers - Tower 1Studio · Apartment456 sq ft⃃ 765,127Resale · 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/terhab-hotel-towers-tower-1/2023
Terhab Hotel & Towers - Tower 1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/terhab-hotel-towers-tower-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 Terhab Hotel & Towers - Tower 1 in 2023?
34 property sales worth ⃃ 23,542,881 were registered in Terhab Hotel & Towers - Tower 1 in 2023. That is 88.9% higher than 2022.
What was the median property price in Terhab Hotel & Towers - Tower 1 in 2023?
The median sale price was ⃃ 639,843 and the median price per square foot ⃃ 1,603 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Terhab Hotel & Towers - Tower 1 were off-plan or from developers?
Developer (primary) sales were 82.4% of the 34 sales and resales 17.6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/terhab-hotel-towers-tower-1/2023