Building · Transactions · 2023

The Sterling East House Property Transactions 2023

48 property sales worth ⃃ 118.74M were registered in The Sterling East House in 2023, 39.2% lower than 2022 by number of sales. The median sale price was ⃃ 1,955,300 and the median price per square foot ⃃ 2,059 (+5.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 48 salesUpdated: 18 Oct 2026
Property sales
48
−39.2% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 118.74M
−6.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,955,300
+30.3% vs 2022
48 sales
Median price per sq ft
⃃ 2,059
+5.5% vs 2022
48 sales

What types of property sold in The Sterling East House in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments48100%⃃ 118.74M⃃ 1,955,300⃃ 2,059

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)2858.3%⃃ 73.65M⃃ 2,072,146⃃ 1,971
Resale (secondary)2041.7%⃃ 45.09M⃃ 1,814,376⃃ 2,202
Off-plan2858.3%⃃ 84.1M⃃ 2,115,112⃃ 2,104
Ready2041.7%⃃ 34.64M⃃ 1,740,871⃃ 2,019

How many rental contracts were registered in The Sterling East House in 2023?

2 rental contracts (new and renewed) were registered in The Sterling East House in 2023, at a median annual rent of ⃃ 152,500. Rental yields in The Sterling East House

What were the most expensive property sales in The Sterling East House in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
30/05/2023The Sterling East House4 beds · Apartment6,632 sq ft⃃ 16,447,927Primary · Off-plan
17/08/2023The Sterling East House4 beds · Apartment4,626 sq ft⃃ 11,500,000Resale · Off-plan
25/07/2023The Sterling East House2 beds · Apartment1,684 sq ft⃃ 3,621,567Primary · Off-plan
05/06/2023The Sterling East House2 beds · Apartment1,579 sq ft⃃ 3,465,499Primary · Off-plan
25/09/2023The Sterling East House2 beds · Apartment1,665 sq ft⃃ 3,203,750Primary · Ready
22/03/2023The Sterling East House3 beds · Apartment1,686 sq ft⃃ 3,138,144Primary · Off-plan
09/11/2023The Sterling East House1 bed · Apartment1,123 sq ft⃃ 3,005,650Resale · Ready
13/06/2023The Sterling East House3 beds · Apartment1,651 sq ft⃃ 2,916,175Primary · Off-plan
03/05/2023The Sterling East House2 beds · Apartment1,579 sq ft⃃ 2,700,000Resale · Off-plan
04/08/2023The Sterling East House1 bed · Apartment1,194 sq ft⃃ 2,624,400Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
25/12/2023The Sterling East House1 bed · Apartment975 sq ft⃃ 1,750,000Resale · Ready
20/12/2023The Sterling East House1 bed · Apartment698 sq ft⃃ 1,375,000Resale · Ready
18/12/2023The Sterling East House1 bed · Apartment813 sq ft⃃ 1,731,741Primary · Ready
18/12/2023The Sterling East House1 bed · Apartment1,122 sq ft⃃ 2,000,000Resale · Ready
11/12/2023The Sterling East House1 bed · Apartment696 sq ft⃃ 1,350,000Resale · Ready
07/12/2023The Sterling East House1 bed · Apartment869 sq ft⃃ 1,489,125Primary · Ready
24/11/2023The Sterling East HouseStudio · Apartment403 sq ft⃃ 875,000Resale · Ready
09/11/2023The Sterling East House1 bed · Apartment973 sq ft⃃ 2,605,665Resale · Ready
09/11/2023The Sterling East House1 bed · Apartment1,123 sq ft⃃ 3,005,650Resale · Ready
09/11/2023The Sterling East House1 bed · Apartment973 sq ft⃃ 1,925,000Resale · 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-sterling-east-house/2023
The Sterling East House Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-sterling-east-house/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 Sterling East House in 2023?
48 property sales worth ⃃ 118,739,694 were registered in The Sterling East House in 2023. That is 39.2% lower than 2022.
What was the median property price in The Sterling East House in 2023?
The median sale price was ⃃ 1,955,300 and the median price per square foot ⃃ 2,059 (1 Jan – 31 Dec 2023).
What share of 2023 sales in The Sterling East House were off-plan or from developers?
Developer (primary) sales were 58.3% of the 48 sales and resales 41.7%. Off-plan units made up 58.3% and ready units 41.7%. Primary/resale and off-plan/ready are different splits.

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