Building · Transactions · 2023

Y-08 Property Transactions 2023

9 property sales worth AED 2.53M were registered in Y-08 in 2023, 200.0% higher than 2022 by number of sales. The median sale price was AED 250,000 and the median price per square foot AED 475 (−21.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 9 salesUpdated: 20 Oct 2026
Property sales
9
+200.0% vs 2022
1 Jan – 31 Dec 2023
Total value
AED 2.53M
+96.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
AED 250,000
−35.1% vs 2022
9 sales
Median price per sq ft
AED 475
−21.9% vs 2022
9 sales

What types of property sold in Y-08 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments888.9%AED 2.13MAED 247,500AED 470
Commercial111.1%AED 405KAED 405,000AED 918

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
Resale (secondary)9100%AED 2.53MAED 250,000AED 475
Ready9100%AED 2.53MAED 250,000AED 475

How many rental contracts were registered in Y-08 in 2023?

54 rental contracts (new and renewed) were registered in Y-08 in 2023, at a median annual rent of AED 28,850 (+3.0% on 2022). Rental yields in Y-08

What were the most expensive property sales in Y-08 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/06/2023Y-08Commercial441 sq ftAED 405,000Resale · Ready
09/11/2023Y-081 bed · Apartment753 sq ftAED 330,000Resale · Ready
31/05/2023Y-081 bed · Apartment915 sq ftAED 310,000Resale · Ready
29/03/2023Y-081 bed · Apartment721 sq ftAED 300,000Resale · Ready
31/05/2023Y-08Studio · Apartment484 sq ftAED 250,000Resale · Ready
15/08/2023Y-08Studio · Apartment484 sq ftAED 245,000Resale · Ready
05/06/2023Y-08Studio · Apartment484 sq ftAED 235,000Resale · Ready
28/07/2023Y-08Studio · Apartment484 sq ftAED 230,000Resale · Ready
24/02/2023Y-08Studio · Apartment484 sq ftAED 225,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
09/11/2023Y-081 bed · Apartment753 sq ftAED 330,000Resale · Ready
15/08/2023Y-08Studio · Apartment484 sq ftAED 245,000Resale · Ready
28/07/2023Y-08Studio · Apartment484 sq ftAED 230,000Resale · Ready
05/06/2023Y-08Commercial441 sq ftAED 405,000Resale · Ready
05/06/2023Y-08Studio · Apartment484 sq ftAED 235,000Resale · Ready
31/05/2023Y-081 bed · Apartment915 sq ftAED 310,000Resale · Ready
31/05/2023Y-08Studio · Apartment484 sq ftAED 250,000Resale · Ready
29/03/2023Y-081 bed · Apartment721 sq ftAED 300,000Resale · Ready
24/02/2023Y-08Studio · Apartment484 sq ftAED 225,000Resale · 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/y-08/2023
Y-08 Property Transactions 2023. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/y-08/2023

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 Y-08 in 2023?
9 property sales worth AED 2,530,000 were registered in Y-08 in 2023. That is 200.0% higher than 2022.
What was the median property price in Y-08 in 2023?
The median sale price was AED 250,000 and the median price per square foot AED 475 (1 Jan – 31 Dec 2023).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/y-08/2023