Project · Transactions · 2023

Time 1 Property Transactions 2023

24 property sales worth ⃃ 10.37M were registered in Time 1 in 2023, 85.5% lower than 2022 by number of sales. The median sale price was ⃃ 340,000 and the median price per square foot ⃃ 911 (+5.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 24 salesUpdated: 17 Oct 2026
Property sales
24
−85.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 10.37M
−83.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 340,000
+10.0% vs 2022
24 sales
Median price per sq ft
⃃ 911
+5.1% vs 2022
24 sales

What types of property sold in Time 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments24100%⃃ 10.37M⃃ 340,000⃃ 911

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)416.7%⃃ 2.75M⃃ 692,000⃃ 811
Resale (secondary)2083.3%⃃ 7.62M⃃ 327,500⃃ 911
Off-plan24100%⃃ 10.37M⃃ 340,000⃃ 911

What were the most expensive property sales in Time 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/03/2023Time 13 beds · Apartment1,603 sq ft⃃ 1,025,000Primary · Off-plan
28/02/2023Time 13 beds · Apartment1,603 sq ft⃃ 1,000,000Primary · Off-plan
30/11/2023Time 13 beds · Apartment1,611 sq ft⃃ 890,000Resale · Off-plan
27/04/2023Time 13 beds · Apartment1,603 sq ft⃃ 750,000Resale · Off-plan
09/11/2023Time 11 bed · Apartment600 sq ft⃃ 490,000Resale · Off-plan
15/03/2023Time 11 bed · Apartment601 sq ft⃃ 480,000Resale · Off-plan
26/01/2023Time 1Studio · Apartment391 sq ft⃃ 384,000Primary · Off-plan
18/09/2023Time 1Studio · Apartment336 sq ft⃃ 365,000Resale · Off-plan
17/05/2023Time 1Studio · Apartment307 sq ft⃃ 350,000Resale · Off-plan
16/05/2023Time 1Studio · Apartment295 sq ft⃃ 340,000Resale · Off-plan

What were the last registered sales of 2023?

No transactions on record for this selection.

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/time-1/2023
Time 1 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/time-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 Time 1 in 2023?
24 property sales worth ⃃ 10,368,000 were registered in Time 1 in 2023. That is 85.5% lower than 2022.
What was the median property price in Time 1 in 2023?
The median sale price was ⃃ 340,000 and the median price per square foot ⃃ 911 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Time 1 were off-plan or from developers?
Developer (primary) sales were 16.7% of the 24 sales and resales 83.3%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

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