Master Project · Transactions · 2023

Town Square Property Transactions 2023

2,980 property sales worth ⃃ 3.5B were registered in Town Square in 2023, 256.0% higher than 2022 by number of sales. The median sale price was ⃃ 973,888 and the median price per square foot ⃃ 1,024 (+24.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 2,980 salesUpdated: 17 Oct 2026
Property sales
2,980
+256.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 3.5B
+170.2% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 973,888
−42.3% vs 2022
2,980 sales
Median price per sq ft
⃃ 1,024
+24.0% vs 2022
2,980 sales

What types of property sold in Town Square in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2,21674.4%⃃ 1.9B⃃ 782,888⃃ 1,075

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)2,28476.6%⃃ 2.6B⃃ 965,888⃃ 1,053
Resale (secondary)69623.4%⃃ 888.36M⃃ 1,000,000⃃ 898
Off-plan2,35278.9%⃃ 2.7B⃃ 978,888⃃ 1,049
Ready62821.1%⃃ 820.56M⃃ 950,000⃃ 899

How many rental contracts were registered in Town Square in 2023?

3,590 rental contracts (new and renewed) were registered in Town Square in 2023, at a median annual rent of ⃃ 52,800 (+14.8% on 2022). Rental yields in Town Square

What were the most expensive property sales in Town Square in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
15/06/2023Town SquarePlot446,713 sq ft⃃ 51,000,000Primary · Ready
26/10/2023Reem Townhouses4 beds · Townhouse3,150 sq ft⃃ 2,800,000Resale · Off-plan
07/09/2023Naseem Townhouses4 beds · Townhouse2,970 sq ft⃃ 2,650,000Resale · Ready
30/08/2023Town Square Hayat4 beds · Townhouse4,183 sq ft⃃ 2,625,000Resale · Ready
21/12/2023Shams Townhouses4 beds · Townhouse3,749 sq ft⃃ 2,610,000Resale · Off-plan
11/06/2023Maha Townhouses4 beds · Townhouse4,793 sq ft⃃ 2,600,888Primary · Off-plan
22/05/2023Maha Townhouses4 beds · Townhouse3,066 sq ft⃃ 2,600,888Primary · Off-plan
16/11/2023Sama Townhouses4 beds · Townhouse3,168 sq ft⃃ 2,600,000Resale · Ready
27/11/2023Sama Townhouses4 beds · Townhouse2,849 sq ft⃃ 2,600,000Resale · Ready
08/08/2023Naseem Townhouses4 beds · Townhouse4,917 sq ft⃃ 2,600,000Resale · Ready

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/town-square/2023
Town Square Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/town-square/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 Town Square in 2023?
2,980 property sales worth ⃃ 3,474,221,429 were registered in Town Square in 2023. That is 256.0% higher than 2022.
What was the median property price in Town Square in 2023?
The median sale price was ⃃ 973,888 and the median price per square foot ⃃ 1,024 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Town Square were off-plan or from developers?
Developer (primary) sales were 76.6% of the 2,980 sales and resales 23.4%. Off-plan units made up 78.9% and ready units 21.1%. Primary/resale and off-plan/ready are different splits.

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