Project · Transactions · 2023

Al Fouad Property Transactions 2023

20 property sales worth ⃃ 10.59M were registered in Al Fouad in 2023, 33.3% higher than 2022 by number of sales. The median sale price was ⃃ 395,000 and the median price per square foot ⃃ 716 (+3.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 20 salesUpdated: 13 Nov 2026
Property sales
20
+33.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 10.59M
+32.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 395,000
−10.2% vs 2022
20 sales
Median price per sq ft
⃃ 716
+3.0% vs 2022
20 sales

What types of property sold in Al Fouad in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments20100%⃃ 10.59M⃃ 395,000⃃ 716

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)1470%⃃ 5.66M⃃ 295,733⃃ 707
Resale (secondary)630%⃃ 4.93M⃃ 739,000⃃ 736
Ready20100%⃃ 10.59M⃃ 395,000⃃ 716

How many rental contracts were registered in Al Fouad in 2023?

91 rental contracts (new and renewed) were registered in Al Fouad in 2023, at a median annual rent of ⃃ 44,000 (+15.8% on 2022). Rental yields in Al Fouad

What were the most expensive property sales in Al Fouad in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/10/2023Al Fouad3 beds · Apartment1,695 sq ft⃃ 1,440,000Resale · Ready
16/05/2023Al Fouad2 beds · Apartment1,168 sq ft⃃ 1,020,000Resale · Ready
05/10/2023Al Fouad2 beds · Apartment1,169 sq ft⃃ 850,000Primary · Ready
19/09/2023Al Fouad1 bed · Apartment903 sq ft⃃ 849,177Primary · Ready
20/07/2023Al Fouad2 beds · Apartment1,168 sq ft⃃ 828,000Resale · Ready
12/05/2023Al Fouad1 bed · Apartment935 sq ft⃃ 826,177Primary · Ready
09/08/2023Al Fouad1 bed · Apartment903 sq ft⃃ 650,000Resale · Ready
10/08/2023Al Fouad1 bed · Apartment898 sq ft⃃ 600,000Resale · Ready
11/10/2023Al Fouad2 beds · Apartment1,168 sq ft⃃ 409,613Primary · Ready
20/10/2023Al FouadStudio · Apartment518 sq ft⃃ 400,000Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
16/11/2023Al FouadStudio · Apartment518 sq ft⃃ 390,000Resale · Ready
31/10/2023Al Fouad3 beds · Apartment1,695 sq ft⃃ 1,440,000Resale · Ready
23/10/2023Al FouadStudio · Apartment518 sq ft⃃ 201,228Primary · Ready
20/10/2023Al FouadStudio · Apartment518 sq ft⃃ 400,000Primary · Ready
13/10/2023Al Fouad1 bed · Apartment898 sq ft⃃ 317,059Primary · Ready
13/10/2023Al Fouad1 bed · Apartment814 sq ft⃃ 295,167Primary · Ready
13/10/2023Al Fouad1 bed · Apartment844 sq ft⃃ 296,298Primary · Ready
11/10/2023Al Fouad1 bed · Apartment816 sq ft⃃ 292,073Primary · Ready
11/10/2023Al Fouad2 beds · Apartment1,168 sq ft⃃ 409,613Primary · Ready
11/10/2023Al FouadStudio · Apartment518 sq ft⃃ 203,238Primary · 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/al-fouad/2023
Al Fouad Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/al-fouad/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 Al Fouad in 2023?
20 property sales worth ⃃ 10,592,164 were registered in Al Fouad in 2023. That is 33.3% higher than 2022.
What was the median property price in Al Fouad in 2023?
The median sale price was ⃃ 395,000 and the median price per square foot ⃃ 716 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Al Fouad were off-plan or from developers?
Developer (primary) sales were 70% of the 20 sales and resales 30%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/al-fouad/2023