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Building · Transactions · 2023

Al Majara 2 Property Transactions 2023

27 property sales worth ⃃ 56.13M were registered in Al Majara 2 in 2023, unchanged from 2022 by number of sales. The median sale price was ⃃ 1,950,000 and the median price per square foot ⃃ 1,771 (+12.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 27 salesUpdated: 15 Nov 2026
Property sales
27
0.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 56.13M
+10.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,950,000
+25.8% vs 2022
27 sales
Median price per sq ft
⃃ 1,771
+12.0% vs 2022
27 sales

What types of property sold in Al Majara 2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments27100%⃃ 56.13M⃃ 1,950,000⃃ 1,771

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)27100%⃃ 56.13M⃃ 1,950,000⃃ 1,771
Ready27100%⃃ 56.13M⃃ 1,950,000⃃ 1,771

How many rental contracts were registered in Al Majara 2 in 2023?

137 rental contracts (new and renewed) were registered in Al Majara 2 in 2023, at a median annual rent of ⃃ 100,000 (+13.6% on 2022). Rental yields in Al Majara 2

What were the most expensive property sales in Al Majara 2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/02/2023Al Majara 22 beds · Apartment1,579 sq ft⃃ 3,250,000Resale · Ready
15/12/2023Al Majara 22 beds · Apartment1,579 sq ft⃃ 3,175,000Resale · Ready
02/02/2023Al Majara 23 beds · Apartment2,250 sq ft⃃ 3,100,000Resale · Ready
17/11/2023Al Majara 22 beds · Apartment1,579 sq ft⃃ 3,100,000Resale · Ready
12/09/2023Al Majara 22 beds · Apartment1,579 sq ft⃃ 3,000,000Resale · Ready
05/05/2023Al Majara 22 beds · Apartment1,579 sq ft⃃ 2,750,000Resale · Ready
05/07/2023Al Majara 22 beds · Apartment1,303 sq ft⃃ 2,675,000Resale · Ready
23/06/2023Al Majara 22 beds · Apartment1,408 sq ft⃃ 2,600,000Resale · Ready
01/08/2023Al Majara 22 beds · Apartment1,303 sq ft⃃ 2,500,000Resale · Ready
12/01/2023Al Majara 22 beds · Apartment1,579 sq ft⃃ 2,500,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Al Majara 21 bed · Apartment841 sq ft⃃ 1,500,000Resale · Ready
15/12/2023Al Majara 21 bed · Apartment842 sq ft⃃ 1,450,000Resale · Ready
15/12/2023Al Majara 22 beds · Apartment1,579 sq ft⃃ 3,175,000Resale · Ready
17/11/2023Al Majara 22 beds · Apartment1,579 sq ft⃃ 3,100,000Resale · Ready
28/09/2023Al Majara 21 bed · Apartment841 sq ft⃃ 1,420,000Resale · Ready
14/09/2023Al Majara 22 beds · Apartment971 sq ft⃃ 2,100,000Resale · Ready
12/09/2023Al Majara 22 beds · Apartment1,579 sq ft⃃ 3,000,000Resale · Ready
14/08/2023Al Majara 21 bed · Apartment974 sq ft⃃ 1,970,000Resale · Ready
01/08/2023Al Majara 22 beds · Apartment1,303 sq ft⃃ 2,500,000Resale · Ready
06/07/2023Al Majara 21 bed · Apartment974 sq ft⃃ 1,950,000Resale · 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/al-majara-2/2023
Al Majara 2 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/al-majara-2/2023

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 Majara 2 in 2023?
27 property sales worth ⃃ 56,133,644 were registered in Al Majara 2 in 2023. That is unchanged from 2022.
What was the median property price in Al Majara 2 in 2023?
The median sale price was ⃃ 1,950,000 and the median price per square foot ⃃ 1,771 (1 Jan – 31 Dec 2023).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/al-majara-2/2023