Project · Transactions · 2023

The Prism Property Transactions 2023

29 property sales worth ⃃ 36.1M were registered in The Prism in 2023, 26.1% higher than 2022 by number of sales. The median sale price was ⃃ 1,272,161 and the median price per square foot ⃃ 1,092 (+6.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 29 salesUpdated: 17 Oct 2026
Property sales
29
+26.1% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 36.1M
+37.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,272,161
+15.7% vs 2022
29 sales
Median price per sq ft
⃃ 1,092
+6.5% vs 2022
29 sales

What types of property sold in The Prism in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial29100%⃃ 36.1M⃃ 1,272,161⃃ 1,092

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)29100%⃃ 36.1M⃃ 1,272,161⃃ 1,092
Ready29100%⃃ 36.1M⃃ 1,272,161⃃ 1,092

How many rental contracts were registered in The Prism in 2023?

300 rental contracts (new and renewed) were registered in The Prism in 2023, at a median annual rent of ⃃ 96,650 (+28.1% on 2022). Rental yields in The Prism

What were the most expensive property sales in The Prism in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/05/2023The PrismCommercial1,662 sq ft⃃ 2,100,000Resale · Ready
17/04/2023The PrismCommercial1,855 sq ft⃃ 1,750,000Resale · Ready
27/12/2023The PrismCommercial950 sq ft⃃ 1,531,000Resale · Ready
24/10/2023The PrismCommercial1,141 sq ft⃃ 1,430,000Resale · Ready
27/02/2023The PrismCommercial1,165 sq ft⃃ 1,400,000Resale · Ready
07/11/2023The PrismCommercial1,165 sq ft⃃ 1,400,000Resale · Ready
14/03/2023The PrismCommercial1,158 sq ft⃃ 1,350,000Resale · Ready
21/06/2023The PrismCommercial1,158 sq ft⃃ 1,335,000Resale · Ready
14/07/2023The PrismCommercial1,158 sq ft⃃ 1,335,000Resale · Ready
06/11/2023The PrismCommercial973 sq ft⃃ 1,300,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
27/12/2023The PrismCommercial950 sq ft⃃ 1,531,000Resale · Ready
14/12/2023The PrismCommercial950 sq ft⃃ 1,300,000Resale · Ready
07/11/2023The PrismCommercial1,165 sq ft⃃ 1,400,000Resale · Ready
06/11/2023The PrismCommercial973 sq ft⃃ 1,300,000Resale · Ready
24/10/2023The PrismCommercial1,141 sq ft⃃ 1,430,000Resale · Ready
19/09/2023The PrismCommercial983 sq ft⃃ 1,100,000Resale · Ready
26/07/2023The PrismCommercial880 sq ft⃃ 1,125,088Resale · Ready
20/07/2023The PrismCommercial1,139 sq ft⃃ 1,081,879Resale · Ready
20/07/2023The PrismCommercial1,158 sq ft⃃ 1,099,673Resale · Ready
20/07/2023The PrismCommercial1,366 sq ft⃃ 1,297,235Resale · 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-prism/2023
The Prism Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-prism/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 Prism in 2023?
29 property sales worth ⃃ 36,104,055 were registered in The Prism in 2023. That is 26.1% higher than 2022.
What was the median property price in The Prism in 2023?
The median sale price was ⃃ 1,272,161 and the median price per square foot ⃃ 1,092 (1 Jan – 31 Dec 2023).

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