Project · Transactions · 2023

Address The Bay Property Transactions 2023

190 property sales worth ⃃ 999.58M were registered in Address The Bay in 2023, 41.7% lower than 2022 by number of sales. The median sale price was ⃃ 3,700,388 and the median price per square foot ⃃ 3,677 (+19.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 190 salesUpdated: 12 Nov 2026
Property sales
190
−41.7% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 999.58M
−53.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 3,700,388
−7.3% vs 2022
190 sales
Median price per sq ft
⃃ 3,677
+19.0% vs 2022
190 sales

What types of property sold in Address The Bay in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments190100%⃃ 999.58M⃃ 3,700,388⃃ 3,677

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)13973.2%⃃ 726.07M⃃ 3,375,888⃃ 3,692
Resale (secondary)5126.8%⃃ 273.5M⃃ 4,615,000⃃ 3,653
Off-plan190100%⃃ 999.58M⃃ 3,700,388⃃ 3,677

What were the most expensive property sales in Address The Bay in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/03/2023Address The Bay4 beds · Apartment5,088 sq ft⃃ 22,749,888Primary · Off-plan
07/03/2023Address The Bay4 beds · Apartment4,715 sq ft⃃ 19,949,750Primary · Off-plan
07/03/2023Address The Bay3 beds · Apartment4,074 sq ft⃃ 14,292,210Primary · Off-plan
07/08/2023Address The Bay3 beds · Apartment2,715 sq ft⃃ 14,048,979Primary · Off-plan
28/07/2023Address The Bay3 beds · Apartment2,675 sq ft⃃ 13,852,959Primary · Off-plan
13/06/2023Address The Bay3 beds · Apartment2,715 sq ft⃃ 13,460,888Primary · Off-plan
19/04/2023Address The Bay3 beds · Apartment2,683 sq ft⃃ 13,364,888Primary · Off-plan
13/04/2023Address The Bay3 beds · Apartment2,683 sq ft⃃ 13,364,888Primary · Off-plan
30/05/2023Address The Bay3 beds · Apartment2,683 sq ft⃃ 13,312,888Primary · Off-plan
19/05/2023Address The Bay3 beds · Apartment2,683 sq ft⃃ 13,312,888Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
20/12/2023Address The Bay3 beds · Apartment1,942 sq ft⃃ 7,491,888Primary · Off-plan
09/10/2023Address The Bay3 beds · Apartment2,058 sq ft⃃ 9,500,000Resale · Off-plan
18/09/2023Address The Bay1 bed · Apartment758 sq ft⃃ 2,700,000Resale · Off-plan
18/09/2023Address The Bay2 beds · Apartment1,351 sq ft⃃ 4,550,000Resale · Off-plan
14/09/2023Address The Bay2 beds · Apartment1,422 sq ft⃃ 4,875,000Resale · Off-plan
05/09/2023Address The Bay1 bed · Apartment840 sq ft⃃ 3,093,888Primary · Off-plan
30/08/2023Address The Bay1 bed · Apartment756 sq ft⃃ 3,015,888Primary · Off-plan
24/08/2023Address The Bay1 bed · Apartment908 sq ft⃃ 3,154,888Primary · Off-plan
21/08/2023Address The Bay2 beds · Apartment1,727 sq ft⃃ 8,300,000Resale · Off-plan
15/08/2023Address The Bay1 bed · Apartment845 sq ft⃃ 3,275,888Primary · Off-plan

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/address-the-bay/2023
Address The Bay Property Transactions 2023. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/address-the-bay/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 Address The Bay in 2023?
190 property sales worth ⃃ 999,577,546 were registered in Address The Bay in 2023. That is 41.7% lower than 2022.
What was the median property price in Address The Bay in 2023?
The median sale price was ⃃ 3,700,388 and the median price per square foot ⃃ 3,677 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Address The Bay were off-plan or from developers?
Developer (primary) sales were 73.2% of the 190 sales and resales 26.8%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/address-the-bay/2023