Building · Transactions · 2023

The Lakes Deema 3 Property Transactions 2023

3 property sales worth ⃃ 17.57M were registered in The Lakes Deema 3 in 2023, 25.0% lower than 2022 by number of sales. The median sale price was ⃃ 5,525,000 and the median price per square foot ⃃ 1,637 (+9.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 3 salesUpdated: 18 Oct 2026
Property sales
3
−25.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 17.57M
−21.4% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 5,525,000
−0.9% vs 2022
3 sales
Median price per sq ft
⃃ 1,637
+9.0% vs 2022
3 sales

What types of property sold in The Lakes Deema 3 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas266.7%⃃ 12.32M⃃ 6,162,500⃃ 1,826

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)3100%⃃ 17.57M⃃ 5,525,000⃃ 1,637
Ready3100%⃃ 17.57M⃃ 5,525,000⃃ 1,637

How many rental contracts were registered in The Lakes Deema 3 in 2023?

15 rental contracts (new and renewed) were registered in The Lakes Deema 3 in 2023, at a median annual rent of ⃃ 300,000 (+25.0% on 2022). Rental yields in The Lakes Deema 3

What were the most expensive property sales in The Lakes Deema 3 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
29/08/2023The Lakes Deema 34 beds · Villa5,286 sq ft⃃ 6,800,000Resale · Ready
09/01/2023The Lakes Deema 34 beds · Villa4,921 sq ft⃃ 5,525,000Resale · Ready
06/02/2023The Lakes Deema 33 beds · Townhouse4,912 sq ft⃃ 5,250,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
29/08/2023The Lakes Deema 34 beds · Villa5,286 sq ft⃃ 6,800,000Resale · Ready
06/02/2023The Lakes Deema 33 beds · Townhouse4,912 sq ft⃃ 5,250,000Resale · Ready
09/01/2023The Lakes Deema 34 beds · Villa4,921 sq ft⃃ 5,525,000Resale · 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-lakes-deema-3/2023
The Lakes Deema 3 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-lakes-deema-3/2023

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 Lakes Deema 3 in 2023?
3 property sales worth ⃃ 17,575,000 were registered in The Lakes Deema 3 in 2023. That is 25.0% lower than 2022.
What was the median property price in The Lakes Deema 3 in 2023?
The median sale price was ⃃ 5,525,000 and the median price per square foot ⃃ 1,637 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-lakes-deema-3/2023