Building · Transactions · 2023

Y-17 Property Transactions 2023

4 property sales worth AED 1.59M were registered in Y-17 in 2023, 33.3% lower than 2022 by number of sales. The median sale price was AED 286,500 and the median price per square foot AED 483 (+15.4% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 4 salesUpdated: 21 Oct 2026
Property sales
4
−33.3% vs 2022
1 Jan – 31 Dec 2023
Total value
AED 1.59M
+4.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
AED 286,500
+12.6% vs 2022
4 sales
Median price per sq ft
AED 483
+15.4% vs 2022
4 sales

What types of property sold in Y-17 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments375%AED 803KAED 238,000AED 475
Commercial125%AED 785KAED 785,000AED 1,106

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)4100%AED 1.59MAED 286,500AED 483
Ready4100%AED 1.59MAED 286,500AED 483

How many rental contracts were registered in Y-17 in 2023?

53 rental contracts (new and renewed) were registered in Y-17 in 2023, at a median annual rent of AED 32,000 (+16.2% on 2022). Rental yields in Y-17

What were the most expensive property sales in Y-17 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/08/2023Y-17Commercial710 sq ftAED 785,000Resale · Ready
26/12/2023Y-171 bed · Apartment721 sq ftAED 335,000Resale · Ready
11/05/2023Y-17Studio · Apartment484 sq ftAED 238,000Resale · Ready
03/05/2023Y-17Studio · Apartment484 sq ftAED 230,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
26/12/2023Y-171 bed · Apartment721 sq ftAED 335,000Resale · Ready
09/08/2023Y-17Commercial710 sq ftAED 785,000Resale · Ready
11/05/2023Y-17Studio · Apartment484 sq ftAED 238,000Resale · Ready
03/05/2023Y-17Studio · Apartment484 sq ftAED 230,000Resale · 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-17/2023
Y-17 Property Transactions 2023. DXBinteract, data to 20 Oct 2026. https://dxbinteract.com/dubai-property-transactions/y-17/2023

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-17 in 2023?
4 property sales worth AED 1,588,000 were registered in Y-17 in 2023. That is 33.3% lower than 2022.
What was the median property price in Y-17 in 2023?
The median sale price was AED 286,500 and the median price per square foot AED 483 (1 Jan – 31 Dec 2023).

Last updated · data to 20 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/y-17/2023