Building · Transactions · 2023

The Nook 1 Property Transactions 2023

135 property sales worth ⃃ 113.19M were registered in The Nook 1 in 2023, 21.5% lower than 2022 by number of sales. The median sale price was ⃃ 859,777 and the median price per square foot ⃃ 1,136 (+0.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 135 salesUpdated: 18 Oct 2026
Property sales
135
−21.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 113.19M
−22.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 859,777
−0.6% vs 2022
135 sales
Median price per sq ft
⃃ 1,136
+0.7% vs 2022
135 sales

What types of property sold in The Nook 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments135100%⃃ 113.19M⃃ 859,777⃃ 1,136

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)12290.4%⃃ 102.4M⃃ 860,777⃃ 1,133
Resale (secondary)139.6%⃃ 10.79M⃃ 798,777⃃ 1,187
Ready135100%⃃ 113.19M⃃ 859,777⃃ 1,136

How many rental contracts were registered in The Nook 1 in 2023?

161 rental contracts (new and renewed) were registered in The Nook 1 in 2023, at a median annual rent of ⃃ 60,000 (+13.2% on 2022). Rental yields in The Nook 1

What were the most expensive property sales in The Nook 1 in 2023?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
27/12/2023The Nook 12 beds · Apartment782 sq ft⃃ 905,000Resale · Ready
14/12/2023The Nook 11 bed · Apartment542 sq ft⃃ 725,000Resale · Ready
14/12/2023The Nook 12 beds · Apartment770 sq ft⃃ 798,777Resale · Ready
11/12/2023The Nook 12 beds · Apartment745 sq ft⃃ 1,050,777Primary · Ready
01/12/2023The Nook 12 beds · Apartment748 sq ft⃃ 1,055,777Primary · Ready
01/12/2023The Nook 11 bed · Apartment523 sq ft⃃ 670,000Resale · Ready
23/11/2023The Nook 11 bed · Apartment523 sq ft⃃ 650,000Resale · Ready
09/11/2023The Nook 12 beds · Apartment758 sq ft⃃ 928,777Primary · Ready
08/11/2023The Nook 12 beds · Apartment727 sq ft⃃ 867,777Primary · Ready
03/11/2023The Nook 13 beds · Apartment997 sq ft⃃ 1,200,000Resale · 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-nook-1/2023
The Nook 1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-nook-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 Nook 1 in 2023?
135 property sales worth ⃃ 113,190,781 were registered in The Nook 1 in 2023. That is 21.5% lower than 2022.
What was the median property price in The Nook 1 in 2023?
The median sale price was ⃃ 859,777 and the median price per square foot ⃃ 1,136 (1 Jan – 31 Dec 2023).
What share of 2023 sales in The Nook 1 were off-plan or from developers?
Developer (primary) sales were 90.4% of the 135 sales and resales 9.6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-nook-1/2023