Project · Transactions · 2023

The Lakes Zulal Property Transactions 2023

41 property sales worth ⃃ 183.78M were registered in The Lakes Zulal in 2023, 2.4% lower than 2022 by number of sales. The median sale price was ⃃ 4,250,000 and the median price per square foot ⃃ 1,490 (+14.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 41 salesUpdated: 18 Oct 2026
Property sales
41
−2.4% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 183.78M
+14.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 4,250,000
+16.6% vs 2022
41 sales
Median price per sq ft
⃃ 1,490
+14.5% vs 2022
41 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)41100%⃃ 183.78M⃃ 4,250,000⃃ 1,490
Ready41100%⃃ 183.78M⃃ 4,250,000⃃ 1,490

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

1 rental contracts (new and renewed) were registered in The Lakes Zulal in 2023, at a median annual rent of ⃃ 70,000 (−19.2% on 2022). Rental yields in The Lakes Zulal

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/10/2023Zulal 23 beds · Townhouse3,743 sq ft⃃ 8,150,000Resale · Ready
26/01/2023Zulal 23 beds · Townhouse3,949 sq ft⃃ 6,600,000Resale · Ready
23/10/2023Zulal 23 beds · Townhouse3,698 sq ft⃃ 6,500,000Resale · Ready
27/10/2023Zulal 23 beds · Townhouse3,919 sq ft⃃ 6,300,000Resale · Ready
07/12/2023Zulal 23 beds · Townhouse3,715 sq ft⃃ 6,200,000Resale · Ready
11/05/2023Zulal 23 beds · Townhouse3,911 sq ft⃃ 5,950,000Resale · Ready
07/06/2023Zulal 23 beds · Townhouse4,320 sq ft⃃ 5,900,000Resale · Ready
15/05/2023Zulal 23 beds · Townhouse3,882 sq ft⃃ 5,700,000Resale · Ready
19/04/2023Zulal 13 beds · Townhouse3,736 sq ft⃃ 4,999,950Resale · Ready
12/07/2023Zulal 23 beds · Townhouse3,311 sq ft⃃ 4,980,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
15/12/2023Zulal 23 beds · Townhouse3,019 sq ft⃃ 4,500,000Resale · Ready
07/12/2023Zulal 23 beds · Townhouse3,715 sq ft⃃ 6,200,000Resale · Ready
27/11/2023Zulal 23 beds · Townhouse3,110 sq ft⃃ 4,800,000Resale · Ready
15/11/2023Zulal 13 beds · Townhouse3,008 sq ft⃃ 4,525,000Resale · Ready
10/11/2023Zulal 13 beds · Townhouse2,537 sq ft⃃ 4,700,000Resale · Ready
27/10/2023Zulal 23 beds · Townhouse3,919 sq ft⃃ 6,300,000Resale · Ready
23/10/2023Zulal 23 beds · Townhouse3,698 sq ft⃃ 6,500,000Resale · Ready
17/10/2023Zulal 23 beds · Townhouse3,743 sq ft⃃ 8,150,000Resale · Ready
09/10/2023Zulal 13 beds · Townhouse3,326 sq ft⃃ 4,560,000Resale · Ready
02/10/2023Zulal 23 beds · Townhouse2,209 sq ft⃃ 4,250,000Resale · 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-zulal/2023
The Lakes Zulal Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-lakes-zulal/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 Zulal in 2023?
41 property sales worth ⃃ 183,779,950 were registered in The Lakes Zulal in 2023. That is 2.4% lower than 2022.
What was the median property price in The Lakes Zulal in 2023?
The median sale price was ⃃ 4,250,000 and the median price per square foot ⃃ 1,490 (1 Jan – 31 Dec 2023).

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