Building · Transactions · 2023

The Address Jbr 1 (Jumeirah Gate Tower 1) Property Transactions 2023

71 property sales worth ⃃ 376.15M were registered in The Address Jbr 1 (Jumeirah Gate Tower 1) in 2023, 53.0% lower than 2022 by number of sales. The median sale price was ⃃ 4,700,000 and the median price per square foot ⃃ 4,265 (+22.4% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 71 salesUpdated: 18 Oct 2026
Property sales
71
−53.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 376.15M
−47.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 4,700,000
+8.0% vs 2022
71 sales
Median price per sq ft
⃃ 4,265
+22.4% vs 2022
71 sales

What types of property sold in The Address Jbr 1 (Jumeirah Gate Tower 1) in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments71100%⃃ 376.15M⃃ 4,700,000⃃ 4,265

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)11.4%⃃ 9.3M⃃ 9,300,000⃃ 4,794
Resale (secondary)7098.6%⃃ 366.85M⃃ 4,600,000⃃ 4,257
Ready71100%⃃ 376.15M⃃ 4,700,000⃃ 4,265

How many rental contracts were registered in The Address Jbr 1 (Jumeirah Gate Tower 1) in 2023?

91 rental contracts (new and renewed) were registered in The Address Jbr 1 (Jumeirah Gate Tower 1) in 2023, at a median annual rent of ⃃ 265,000 (+16.5% on 2022). Rental yields in The Address Jbr 1 (Jumeirah Gate Tower 1)

What were the most expensive property sales in The Address Jbr 1 (Jumeirah Gate Tower 1) in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/10/2023The Address Jbr 1 (Jumeirah Gate Tower 1)4 beds · Apartment2,555 sq ft⃃ 13,650,000Resale · Ready
27/12/2023The Address Jbr 1 (Jumeirah Gate Tower 1)4 beds · Apartment2,554 sq ft⃃ 12,700,000Resale · Ready
09/11/2023The Address Jbr 1 (Jumeirah Gate Tower 1)3 beds · Apartment1,939 sq ft⃃ 10,100,000Resale · Ready
27/11/2023The Address Jbr 1 (Jumeirah Gate Tower 1)3 beds · Apartment1,940 sq ft⃃ 9,300,000Primary · Ready
08/02/2023The Address Jbr 1 (Jumeirah Gate Tower 1)3 beds · Apartment1,868 sq ft⃃ 9,000,000Resale · Ready
25/12/2023The Address Jbr 1 (Jumeirah Gate Tower 1)3 beds · Apartment1,868 sq ft⃃ 8,800,000Resale · Ready
13/07/2023The Address Jbr 1 (Jumeirah Gate Tower 1)3 beds · Apartment1,868 sq ft⃃ 8,800,000Resale · Ready
11/05/2023The Address Jbr 1 (Jumeirah Gate Tower 1)3 beds · Apartment1,939 sq ft⃃ 8,800,000Resale · Ready
14/04/2023The Address Jbr 1 (Jumeirah Gate Tower 1)2 beds · Apartment1,908 sq ft⃃ 8,450,000Resale · Ready
09/11/2023The Address Jbr 1 (Jumeirah Gate Tower 1)2 beds · Apartment1,481 sq ft⃃ 8,000,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
27/12/2023The Address Jbr 1 (Jumeirah Gate Tower 1)2 beds · Apartment1,477 sq ft⃃ 7,600,000Resale · Ready
27/12/2023The Address Jbr 1 (Jumeirah Gate Tower 1)4 beds · Apartment2,554 sq ft⃃ 12,700,000Resale · Ready
25/12/2023The Address Jbr 1 (Jumeirah Gate Tower 1)3 beds · Apartment1,868 sq ft⃃ 8,800,000Resale · Ready
15/12/2023The Address Jbr 1 (Jumeirah Gate Tower 1)2 beds · Apartment1,197 sq ft⃃ 3,900,000Resale · Ready
14/12/2023The Address Jbr 1 (Jumeirah Gate Tower 1)1 bed · Apartment739 sq ft⃃ 3,000,000Resale · Ready
11/12/2023The Address Jbr 1 (Jumeirah Gate Tower 1)1 bed · Apartment706 sq ft⃃ 1,742,901Resale · Ready
05/12/2023The Address Jbr 1 (Jumeirah Gate Tower 1)1 bed · Apartment703 sq ft⃃ 2,800,000Resale · Ready
27/11/2023The Address Jbr 1 (Jumeirah Gate Tower 1)3 beds · Apartment1,940 sq ft⃃ 9,300,000Primary · Ready
17/11/2023The Address Jbr 1 (Jumeirah Gate Tower 1)1 bed · Apartment855 sq ft⃃ 2,900,000Resale · Ready
13/11/2023The Address Jbr 1 (Jumeirah Gate Tower 1)2 beds · Apartment1,475 sq ft⃃ 7,200,000Resale · 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/the-address-jbr-1-jumeirah-gate-tower-1/2023
The Address Jbr 1 (Jumeirah Gate Tower 1) Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-address-jbr-1-jumeirah-gate-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 The Address Jbr 1 (Jumeirah Gate Tower 1) in 2023?
71 property sales worth ⃃ 376,147,901 were registered in The Address Jbr 1 (Jumeirah Gate Tower 1) in 2023. That is 53.0% lower than 2022.
What was the median property price in The Address Jbr 1 (Jumeirah Gate Tower 1) in 2023?
The median sale price was ⃃ 4,700,000 and the median price per square foot ⃃ 4,265 (1 Jan – 31 Dec 2023).
What share of 2023 sales in The Address Jbr 1 (Jumeirah Gate Tower 1) were off-plan or from developers?
Developer (primary) sales were 1.4% of the 71 sales and resales 98.6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-address-jbr-1-jumeirah-gate-tower-1/2023