Project · Transactions · 2023

Verdana (Phase 1) Property Transactions 2023

42 property sales worth ⃃ 55.44M were registered in Verdana (Phase 1) in 2023, 54.8% lower than 2022 by number of sales. The median sale price was ⃃ 1,326,500 and the median price per square foot ⃃ 1,547 (+15.3% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 42 salesUpdated: 17 Oct 2026
Property sales
42
−54.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 55.44M
−49.2% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,326,500
+15.3% vs 2022
42 sales
Median price per sq ft
⃃ 1,547
+15.3% vs 2022
42 sales

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)4197.6%⃃ 54.44M⃃ 1,326,500⃃ 1,548
Resale (secondary)12.4%⃃ 997K⃃ 997,360⃃ 1,162
Off-plan42100%⃃ 55.44M⃃ 1,326,500⃃ 1,547

What were the most expensive property sales in Verdana (Phase 1) in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/09/2023Verdana (Phase 1)4 beds · Townhouse1,116 sq ft⃃ 2,314,000Primary · Off-plan
08/09/2023Verdana (Phase 1)4 beds · Townhouse857 sq ft⃃ 2,050,000Primary · Off-plan
20/01/2023Verdana (Phase 1)4 beds · Townhouse840 sq ft⃃ 1,532,000Primary · Off-plan
20/11/2023Verdana (Phase 1)4 beds · Townhouse840 sq ft⃃ 1,516,000Primary · Off-plan
13/06/2023Verdana (Phase 1)4 beds · Townhouse840 sq ft⃃ 1,516,000Primary · Off-plan
07/09/2023Verdana (Phase 1)4 beds · Townhouse840 sq ft⃃ 1,516,000Primary · Off-plan
16/01/2023Verdana (Phase 1)4 beds · Townhouse870 sq ft⃃ 1,454,492Primary · Off-plan
07/11/2023Verdana (Phase 1)4 beds · Townhouse848 sq ft⃃ 1,400,000Primary · Off-plan
27/04/2023Verdana (Phase 1)4 beds · Townhouse840 sq ft⃃ 1,388,600Primary · Off-plan
01/10/2023Verdana (Phase 1)4 beds · Townhouse913 sq ft⃃ 1,357,980Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
20/11/2023Verdana (Phase 1)4 beds · Townhouse840 sq ft⃃ 1,516,000Primary · Off-plan
07/11/2023Verdana (Phase 1)4 beds · Townhouse848 sq ft⃃ 1,400,000Primary · Off-plan
07/11/2023Verdana (Phase 1)4 beds · Townhouse840 sq ft⃃ 1,326,500Primary · Off-plan
06/11/2023Verdana (Phase 1)4 beds · Townhouse840 sq ft⃃ 1,288,000Primary · Off-plan
06/11/2023Verdana (Phase 1)4 beds · Townhouse840 sq ft⃃ 1,288,000Primary · Off-plan
28/10/2023Verdana (Phase 1)4 beds · Townhouse849 sq ft⃃ 1,340,500Primary · Off-plan
02/10/2023Verdana (Phase 1)4 beds · Townhouse868 sq ft⃃ 1,315,027Primary · Off-plan
01/10/2023Verdana (Phase 1)4 beds · Townhouse913 sq ft⃃ 1,357,980Primary · Off-plan
11/09/2023Verdana (Phase 1)4 beds · Townhouse881 sq ft⃃ 1,320,000Primary · Off-plan
08/09/2023Verdana (Phase 1)4 beds · Townhouse857 sq ft⃃ 2,050,000Primary · Off-plan

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/verdana-phase-1/2023
Verdana (Phase 1) Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/verdana-phase-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 Verdana (Phase 1) in 2023?
42 property sales worth ⃃ 55,437,383 were registered in Verdana (Phase 1) in 2023. That is 54.8% lower than 2022.
What was the median property price in Verdana (Phase 1) in 2023?
The median sale price was ⃃ 1,326,500 and the median price per square foot ⃃ 1,547 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Verdana (Phase 1) were off-plan or from developers?
Developer (primary) sales were 97.6% of the 42 sales and resales 2.4%. 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/verdana-phase-1/2023