Building · Transactions · 2023

Y22 Property Transactions 2023

5 property sales worth AED 1.23M were registered in Y22 in 2023, 28.6% lower than 2022 by number of sales. The median sale price was AED 260,000 and the median price per square foot AED 458 (+6.3% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 5 salesUpdated: 19 Oct 2026
Property sales
5
−28.6% vs 2022
1 Jan – 31 Dec 2023
Total value
AED 1.23M
−31.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
AED 260,000
+13.0% vs 2022
5 sales
Median price per sq ft
AED 458
+6.3% vs 2022
5 sales

What types of property sold in Y22 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5100%AED 1.23MAED 260,000AED 458

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)5100%AED 1.23MAED 260,000AED 458
Ready5100%AED 1.23MAED 260,000AED 458

How many rental contracts were registered in Y22 in 2023?

44 rental contracts (new and renewed) were registered in Y22 in 2023, at a median annual rent of AED 30,000 (+7.1% on 2022). Rental yields in Y22

What were the most expensive property sales in Y22 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
30/10/2023Y221 bed · Apartment732 sq ftAED 335,000Resale · Ready
05/04/2023Y221 bed · Apartment743 sq ftAED 300,000Resale · Ready
06/12/2023Y22Studio · Apartment463 sq ftAED 260,000Resale · Ready
10/07/2023Y22Studio · Apartment463 sq ftAED 225,000Resale · Ready
07/08/2023Y22Studio · Apartment484 sq ftAED 107,500Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
06/12/2023Y22Studio · Apartment463 sq ftAED 260,000Resale · Ready
30/10/2023Y221 bed · Apartment732 sq ftAED 335,000Resale · Ready
07/08/2023Y22Studio · Apartment484 sq ftAED 107,500Resale · Ready
10/07/2023Y22Studio · Apartment463 sq ftAED 225,000Resale · Ready
05/04/2023Y221 bed · Apartment743 sq ftAED 300,000Resale · 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/y22/2023
Y22 Property Transactions 2023. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/y22/2023

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 Y22 in 2023?
5 property sales worth AED 1,227,500 were registered in Y22 in 2023. That is 28.6% lower than 2022.
What was the median property price in Y22 in 2023?
The median sale price was AED 260,000 and the median price per square foot AED 458 (1 Jan – 31 Dec 2023).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/y22/2023