Project · Transactions · 2023

The Lakes Ghadeer Property Transactions 2023

11 property sales worth ⃃ 50.54M were registered in The Lakes Ghadeer in 2023, 22.2% higher than 2022 by number of sales. The median sale price was ⃃ 4,550,000 and the median price per square foot ⃃ 1,020 (+41.2% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 11 salesUpdated: 18 Oct 2026
Property sales
11
+22.2% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 50.54M
+44.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 4,550,000
+23.8% vs 2022
11 sales
Median price per sq ft
⃃ 1,020
+41.2% vs 2022
11 sales

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%⃃ 50.54M⃃ 4,550,000⃃ 1,020
Ready11100%⃃ 50.54M⃃ 4,550,000⃃ 1,020

How many rental contracts were registered in The Lakes Ghadeer in 2023?

1 rental contracts (new and renewed) were registered in The Lakes Ghadeer in 2023, at a median annual rent of ⃃ 270,000 (+63.6% on 2022). Rental yields in The Lakes Ghadeer

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/09/2023The Lakes Ghadeer3 beds · Townhouse7,579 sq ft⃃ 6,151,000Resale · Ready
18/09/2023The Lakes Ghadeer3 beds · Townhouse6,188 sq ft⃃ 5,365,000Resale · Ready
07/07/2023The Lakes Ghadeer3 beds · Townhouse4,238 sq ft⃃ 5,200,000Resale · Ready
03/07/2023The Lakes Ghadeer3 beds · Townhouse6,506 sq ft⃃ 4,999,800Resale · Ready
16/10/2023The Lakes Ghadeer3 beds · Townhouse4,206 sq ft⃃ 4,975,000Resale · Ready
02/05/2023The Lakes Ghadeer3 beds · Townhouse4,461 sq ft⃃ 4,550,000Resale · Ready
02/02/2023The Lakes Ghadeer3 beds · Townhouse5,232 sq ft⃃ 4,225,000Resale · Ready
18/08/2023The Lakes Ghadeer3 beds · Townhouse4,025 sq ft⃃ 4,100,000Resale · Ready
18/07/2023The Lakes Ghadeer3 beds · Townhouse3,051 sq ft⃃ 4,000,000Resale · Ready
01/06/2023The Lakes Ghadeer3 beds · Townhouse2,834 sq ft⃃ 3,720,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
16/10/2023The Lakes Ghadeer3 beds · Townhouse4,206 sq ft⃃ 4,975,000Resale · Ready
25/09/2023The Lakes Ghadeer3 beds · Townhouse7,579 sq ft⃃ 6,151,000Resale · Ready
18/09/2023The Lakes Ghadeer3 beds · Townhouse6,188 sq ft⃃ 5,365,000Resale · Ready
18/08/2023The Lakes Ghadeer3 beds · Townhouse4,025 sq ft⃃ 4,100,000Resale · Ready
18/07/2023The Lakes Ghadeer3 beds · Townhouse3,051 sq ft⃃ 4,000,000Resale · Ready
07/07/2023The Lakes Ghadeer3 beds · Townhouse4,238 sq ft⃃ 5,200,000Resale · Ready
03/07/2023The Lakes Ghadeer3 beds · Townhouse6,506 sq ft⃃ 4,999,800Resale · Ready
01/06/2023The Lakes Ghadeer3 beds · Townhouse2,834 sq ft⃃ 3,720,000Resale · Ready
02/05/2023The Lakes Ghadeer3 beds · Townhouse4,461 sq ft⃃ 4,550,000Resale · Ready
23/03/2023The Lakes Ghadeer3 beds · Townhouse3,380 sq ft⃃ 3,250,000Resale · 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-ghadeer/2023
The Lakes Ghadeer Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-lakes-ghadeer/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 Ghadeer in 2023?
11 property sales worth ⃃ 50,535,800 were registered in The Lakes Ghadeer in 2023. That is 22.2% higher than 2022.
What was the median property price in The Lakes Ghadeer in 2023?
The median sale price was ⃃ 4,550,000 and the median price per square foot ⃃ 1,020 (1 Jan – 31 Dec 2023).

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