Project · Transactions · 2023

Terrazzo Residences Property Transactions 2023

74 property sales worth ⃃ 96.19M were registered in Terrazzo Residences in 2023, 7300.0% higher than 2022 by number of sales. The median sale price was ⃃ 1,128,000 and the median price per square foot ⃃ 1,298 (+2427.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 74 salesUpdated: 18 Oct 2026
Property sales
74
+7300.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 96.19M
+1010.8% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,128,000
−87.0% vs 2022
74 sales
Median price per sq ft
⃃ 1,298
+2427.5% vs 2022
74 sales

What types of property sold in Terrazzo Residences in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments74100%⃃ 96.19M⃃ 1,128,000⃃ 1,298

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)74100%⃃ 96.19M⃃ 1,128,000⃃ 1,298
Off-plan74100%⃃ 96.19M⃃ 1,128,000⃃ 1,298

How many rental contracts were registered in Terrazzo Residences in 2023?

1 rental contracts (new and renewed) were registered in Terrazzo Residences in 2023, at a median annual rent of ⃃ 18,900 (+5.0% on 2022). Rental yields in Terrazzo Residences

What were the most expensive property sales in Terrazzo Residences in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/12/2023Terrazzo Residences Building B3 beds · Apartment1,711 sq ft⃃ 2,340,000Primary · Off-plan
20/12/2023Terrazzo Residences Building A3 beds · Apartment1,718 sq ft⃃ 2,290,000Primary · Off-plan
28/09/2023Terrazzo Residences Building A3 beds · Apartment1,718 sq ft⃃ 2,233,000Primary · Off-plan
26/09/2023Terrazzo Residences Building A3 beds · Apartment1,718 sq ft⃃ 2,228,000Primary · Off-plan
19/09/2023Terrazzo Residences Building B3 beds · Apartment1,554 sq ft⃃ 2,224,000Primary · Off-plan
14/09/2023Terrazzo Residences Building B3 beds · Apartment1,554 sq ft⃃ 2,219,000Primary · Off-plan
02/11/2023Terrazzo Residences Building A2 beds · Apartment1,771 sq ft⃃ 1,880,000Primary · Off-plan
20/11/2023Terrazzo Residences Building B2 beds · Apartment1,606 sq ft⃃ 1,641,000Primary · Off-plan
11/10/2023Terrazzo Residences Building A2 beds · Apartment1,641 sq ft⃃ 1,566,000Primary · Off-plan
28/11/2023Terrazzo Residences Building A2 beds · Apartment1,349 sq ft⃃ 1,564,000Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
26/12/2023Terrazzo Residences Building B1 bed · Apartment950 sq ft⃃ 1,105,000Primary · Off-plan
26/12/2023Terrazzo Residences Building B3 beds · Apartment1,711 sq ft⃃ 2,340,000Primary · Off-plan
22/12/2023Terrazzo Residences Building A2 beds · Apartment1,179 sq ft⃃ 1,347,000Primary · Off-plan
21/12/2023Terrazzo Residences Building A1 bed · Apartment771 sq ft⃃ 1,026,000Primary · Off-plan
20/12/2023Terrazzo Residences Building B1 bed · Apartment792 sq ft⃃ 1,180,000Primary · Off-plan
20/12/2023Terrazzo Residences Building A1 bed · Apartment771 sq ft⃃ 1,076,000Primary · Off-plan
20/12/2023Terrazzo Residences Building A1 bed · Apartment771 sq ft⃃ 1,053,000Primary · Off-plan
20/12/2023Terrazzo Residences Building A3 beds · Apartment1,718 sq ft⃃ 2,290,000Primary · Off-plan
13/12/2023Terrazzo Residences Building A1 bed · Apartment795 sq ft⃃ 1,113,000Primary · Off-plan
08/12/2023Terrazzo Residences Building A1 bed · Apartment795 sq ft⃃ 1,082,000Primary · Off-plan

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/terrazzo-residences/2023
Terrazzo Residences Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/terrazzo-residences/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 Terrazzo Residences in 2023?
74 property sales worth ⃃ 96,192,000 were registered in Terrazzo Residences in 2023. That is 7300.0% higher than 2022.
What was the median property price in Terrazzo Residences in 2023?
The median sale price was ⃃ 1,128,000 and the median price per square foot ⃃ 1,298 (1 Jan – 31 Dec 2023).

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