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Y23

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Nakheel
95
Total Units
95
Sold
⃃ 340,000
Median Price
⃃ 620
Median Price /sqft
Construction progress: 100% (As of Oct-2011)
Start: Oct, 2007Completion: Jan, 2012

Y23 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio39460 sqft - 480 sqft⃃ 0.3M (660 /sqft)⃃ 760 /sqft
-13.77
1 Bed33720 sqft - 870 sqft⃃ 0.4M (570 /sqft)⃃ 680 /sqft
-16.21

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Loading chart
November 2026 is partial (14 days) and is excluded from the chart

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
No data found

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment721 sqft⃃ 511,000⃃ 709 /sqft03, Nov 2015
1Apartment732 sqft2.55 sqft⃃ 495,000⃃ 676 /sqft17, Jan 2016
1Apartment872 sqft⃃ 489,000⃃ 561 /sqft17, Dec 2008
1Apartment807 sqft⃃ 457,500⃃ 567 /sqft17, Dec 2008
1Apartment732 sqft2.55 sqft⃃ 370,000⃃ 505 /sqft13, Jun 2024
1Apartment721 sqft⃃ 360,000⃃ 499 /sqft01, Apr 2026
1Apartment732 sqft2.55 sqft⃃ 350,000⃃ 478 /sqft08, Jan 2024
1Apartment721 sqft4.48 sqft⃃ 320,000⃃ 444 /sqft03, Feb 2023
1Apartment732 sqft4.48 sqft⃃ 310,000⃃ 423 /sqft06, Dec 2021
1Apartment732 sqft2.55 sqft⃃ 306,000⃃ 418 /sqft22, Jun 2022
1Apartment721 sqft⃃ 305,000⃃ 423 /sqft16, Mar 2022
StudioApartment484 sqft5.2 sqft⃃ 430,000⃃ 888 /sqft14, Apr 2014
StudioApartment463 sqft⃃ 350,000⃃ 756 /sqft03, Aug 2016
StudioApartment484 sqft5.1 sqft⃃ 320,000⃃ 661 /sqft05, Feb 2025
StudioApartment463 sqft⃃ 300,000⃃ 648 /sqft08, Dec 2009

Y23 Real Estate Data – FAQ

  • What is the current property supply in Y23?

    Y23 has approximately 8 completed residential units.

  • How active is the real estate market in Y23?

    Y23 recorded 6 property transactions over the last 12 months.

  • What is the average price /sqft in Y23?

    The median recorded sale price in Y23 is ⃃ 660 /sqft.

  • What rental yield can investors expect in Y23?

    The gross rental yield in Y23 is 9%, calculated from median rental income and comparable median sale prices.

  • How much have property prices increased in Y23?

    The year-over-year median price per square foot change in Y23 is 0.2%, comparing consecutive 12-month periods.

  • How many off-plan projects are currently in Y23?

    Y23 has 0 recorded active off-plan projects.

  • What is the future supply pipeline in Y23?

    The recorded off-plan pipeline in Y23 contains 0 units.

  • Is Y23 a good area for property investment?

    Assess Y23 using available transaction, rental and supply data. Missing metrics do not establish investment performance, and historical results do not guarantee future returns.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    The gross rental yield in Y23 is 9%, calculated from median rental income and comparable median sale prices.