Area · Transactions · 2023

Wadi Al Safa 5 Property Transactions 2023

4,814 property sales worth ⃃ 9B were registered in Wadi Al Safa 5 in 2023, 47.2% higher than 2022 by number of sales. The median sale price was ⃃ 1,856,000 and the median price per square foot ⃃ 999 (+13.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 4,814 salesUpdated: 17 Oct 2026
Property sales
4,814
+47.2% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 9B
+30.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,856,000
+1.0% vs 2022
4,814 sales
Median price per sq ft
⃃ 999
+13.1% vs 2022
4,814 sales

What types of property sold in Wadi Al Safa 5 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2,01341.8%⃃ 1.2B⃃ 560,000⃃ 846
Villas3016.3%⃃ 1.5B⃃ 4,900,000⃃ 1,098
Commercial60.1%⃃ 10.08M⃃ 1,263,083⃃ 1,389

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)3,11564.7%⃃ 4.9B⃃ 1,065,449⃃ 975
Resale (secondary)1,69935.3%⃃ 4.1B⃃ 2,100,000⃃ 1,029
Off-plan3,10064.4%⃃ 5.7B⃃ 2,090,388⃃ 1,056
Ready1,71435.6%⃃ 3.3B⃃ 1,020,550⃃ 849

How many rental contracts were registered in Wadi Al Safa 5 in 2023?

9,181 rental contracts (new and renewed) were registered in Wadi Al Safa 5 in 2023, at a median annual rent of ⃃ 40,000 (+14.3% on 2022). Rental yields in Wadi Al Safa 5

What were the most expensive property sales in Wadi Al Safa 5 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/11/2023Wadi Al Safa 5Plot34,372 sq ft⃃ 87,500,000Resale · Ready
23/01/2023Wadi Al Safa 5Plot65,125 sq ft⃃ 67,500,000Primary · Ready
12/10/2023Samana IVY Gardens 2Plot63,428 sq ft⃃ 38,056,737Primary · Ready
03/11/2023Cove Living Residence By ImtiazPlot61,642 sq ft⃃ 23,177,476Resale · Ready
12/07/2023Wadi Al Safa 5Plot41,413 sq ft⃃ 17,500,000Primary · Ready
07/12/2023Samana IbizaPlot44,217 sq ft⃃ 16,878,864Primary · Ready
26/12/2023Cove Living Residence By ImtiazPlot61,642 sq ft⃃ 14,793,900Resale · Ready
12/09/2023Cove Boulevard By ImtiazPlot44,216 sq ft⃃ 13,675,000Primary · Ready
23/11/2023Weybridge Gardens 2Plot41,081 sq ft⃃ 12,925,000Resale · Ready
16/10/2023AG Aum ResidencePlot33,887 sq ft⃃ 11,600,000Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
30/12/2023Samana IVY Gardens3 beds · Apartment1,489 sq ft⃃ 1,522,000Primary · Off-plan
28/12/2023Samana IVY Gardens2 beds · Apartment1,094 sq ft⃃ 1,235,244Primary · Off-plan
28/12/2023Bliss 24 beds · Townhouse1,596 sq ft⃃ 2,750,000Resale · Off-plan
28/12/2023Dalmore TowerPlot27,793 sq ft⃃ 11,500,000Resale · Ready
28/12/2023The 5 TowerStudio · Apartment583 sq ft⃃ 495,801Primary · Ready
28/12/2023La Quinta4 beds · Villa4,306 sq ft⃃ 4,325,000Resale · Ready
28/12/2023The 5 TowerStudio · Apartment443 sq ft⃃ 398,447Primary · Ready
28/12/2023J One Building1 bed · Apartment833 sq ft⃃ 571,597Primary · Ready
28/12/2023J One Building1 bed · Apartment776 sq ft⃃ 490,000Primary · Ready
28/12/2023The 5 Tower1 bed · Apartment703 sq ft⃃ 590,000Resale · 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/wadi-al-safa-5/2023
Wadi Al Safa 5 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/wadi-al-safa-5/2023

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 5 in 2023?
4,814 property sales worth ⃃ 8,975,024,035 were registered in Wadi Al Safa 5 in 2023. That is 47.2% higher than 2022.
What was the median property price in Wadi Al Safa 5 in 2023?
The median sale price was ⃃ 1,856,000 and the median price per square foot ⃃ 999 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Wadi Al Safa 5 were off-plan or from developers?
Developer (primary) sales were 64.7% of the 4,814 sales and resales 35.3%. Off-plan units made up 64.4% and ready units 35.6%. 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-5/2023