Area · Transactions · 2023

Wadi Al Safa 3 Property Transactions 2023

2,085 property sales worth ⃃ 12.9B were registered in Wadi Al Safa 3 in 2023, 177.3% higher than 2022 by number of sales. The median sale price was ⃃ 4,087,618 and the median price per square foot ⃃ 1,400 (+28.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 2,085 salesUpdated: 19 Oct 2026
Property sales
2,085
+177.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 12.9B
+304.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 4,087,618
+18.8% vs 2022
2,085 sales
Median price per sq ft
⃃ 1,400
+28.5% vs 2022
2,085 sales

What types of property sold in Wadi Al Safa 3 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments43420.8%⃃ 524.98M⃃ 745,815⃃ 855
Villas65331.3%⃃ 6.1B⃃ 7,525,800⃃ 1,307
Commercial261.2%⃃ 41.63M⃃ 1,521,609⃃ 840

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)1,54574.1%⃃ 9.4B⃃ 4,273,800⃃ 1,435
Resale (secondary)54025.9%⃃ 3.5B⃃ 3,700,000⃃ 1,340
Off-plan1,31763.2%⃃ 6.1B⃃ 3,750,000⃃ 1,477
Ready76836.8%⃃ 6.8B⃃ 4,542,948⃃ 1,053

How many rental contracts were registered in Wadi Al Safa 3 in 2023?

4,670 rental contracts (new and renewed) were registered in Wadi Al Safa 3 in 2023, at a median annual rent of ⃃ 56,692 (+41.7% on 2022). Rental yields in Wadi Al Safa 3

What were the most expensive property sales in Wadi Al Safa 3 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
13/04/2023Wadi Al Safa 3Plot60,373 sq ft⃃ 170,000,000Resale · Ready
13/11/2023The WatercrestPlot383,977 sq ft⃃ 142,000,000Resale · Ready
16/11/2023Wadi Al Safa 3Plot478,377 sq ft⃃ 132,953,643Resale · Ready
09/06/2023Karl Lagerfeld Villas By TarafPlot861,900 sq ft⃃ 90,042,484Primary · Ready
22/06/2023The Lakeshore Villas By EllingtonPlot282,813 sq ft⃃ 89,228,000Primary · Ready
12/06/2023District 11, Mohammed Bin Rashid CityPlot262,367 sq ft⃃ 82,775,696Primary · Ready
12/06/2023District 11, Mohammed Bin Rashid CityPlot257,886 sq ft⃃ 81,361,920Primary · Ready
12/06/2023Mira Villas Designed By Bentley HomePlot342,190 sq ft⃃ 79,971,000Primary · Ready
18/09/2023The Lakeview Villas By EllingtonVilla251,657 sq ft⃃ 79,399,000Primary · Off-plan
09/06/2023District 11, Mohammed Bin Rashid CityPlot361,646 sq ft⃃ 78,179,000Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
30/12/2023The Haven - Tower BStudio · Apartment463 sq ft⃃ 490,700Primary · Off-plan
30/12/2023The Haven - Tower BStudio · Apartment463 sq ft⃃ 538,048Primary · Off-plan
30/12/2023The Haven - Tower A2 beds · Apartment1,002 sq ft⃃ 1,104,344Primary · Off-plan
28/12/2023Jade At The Fields3 beds · Townhouse2,015 sq ft⃃ 3,317,777Resale · Off-plan
28/12/2023Al Barari Ixora Villas4 beds · Townhouse1,934 sq ft⃃ 4,087,618Primary · Ready
28/12/2023Viridian At The Fields4 beds · Townhouse3,100 sq ft⃃ 2,920,000Resale · Off-plan
28/12/2023District 11, Mohammed Bin Rashid CityPlot15,069 sq ft⃃ 12,772,800Primary · Ready
28/12/2023District 11, Mohammed Bin Rashid CityPlot60,278 sq ft⃃ 13,410,800Primary · Ready
28/12/2023District 11, Mohammed Bin Rashid CityPlot16,577 sq ft⃃ 11,277,800Primary · Ready
28/12/2023District 11, Mohammed Bin Rashid CityPlot15,070 sq ft⃃ 12,772,800Primary · 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/wadi-al-safa-3/2023
Wadi Al Safa 3 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/wadi-al-safa-3/2023

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 Wadi Al Safa 3 in 2023?
2,085 property sales worth ⃃ 12,914,623,095 were registered in Wadi Al Safa 3 in 2023. That is 177.3% higher than 2022.
What was the median property price in Wadi Al Safa 3 in 2023?
The median sale price was ⃃ 4,087,618 and the median price per square foot ⃃ 1,400 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Wadi Al Safa 3 were off-plan or from developers?
Developer (primary) sales were 74.1% of the 2,085 sales and resales 25.9%. Off-plan units made up 63.2% and ready units 36.8%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/wadi-al-safa-3/2023