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Area · Transactions · 2023

Al Rashidiya Property Transactions 2023

58 property sales worth ⃃ 108.01M were registered in Al Rashidiya in 2023, 31.8% higher than 2022 by number of sales. The median sale price was ⃃ 1,650,000 and the median price per square foot ⃃ 254 (−18.8% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 58 salesUpdated: 15 Nov 2026
Property sales
58
+31.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 108.01M
+52.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,650,000
+7.5% vs 2022
58 sales
Median price per sq ft
⃃ 254
−18.8% vs 2022
58 sales

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)3662.1%⃃ 65.71M⃃ 1,525,000⃃ 247

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

1,584 rental contracts (new and renewed) were registered in Al Rashidiya in 2023, at a median annual rent of ⃃ 50,000 (0.0% on 2022).

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/12/2023Al RashidiyaPlot40,000 sq ft⃃ 6,000,000Primary · Ready
18/08/2023Al RashidiyaPlot32,056 sq ft⃃ 5,500,000Primary · Ready
06/04/2023Al RashidiyaPlot20,920 sq ft⃃ 4,500,000Resale · Ready
09/11/2023Al RashidiyaPlot15,224 sq ft⃃ 3,500,000Primary · Ready
25/05/2023Al RashidiyaPlot10,000 sq ft⃃ 3,300,000Primary · Ready
22/02/2023Al RashidiyaPlot9,800 sq ft⃃ 2,880,000Resale · Ready
06/10/2023Al RashidiyaPlot10,882 sq ft⃃ 2,750,000Resale · Ready
13/12/2023Al RashidiyaPlot6,400 sq ft⃃ 2,715,980Primary · Ready
12/06/2023Al RashidiyaPlot6,200 sq ft⃃ 2,700,000Primary · Ready
11/05/2023Al RashidiyaPlot6,400 sq ft⃃ 2,550,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
26/12/2023Al RashidiyaPlot6,400 sq ft⃃ 2,350,000Resale · Ready
19/12/2023Al RashidiyaPlot3,600 sq ft⃃ 1,350,000Resale · Ready
13/12/2023Al RashidiyaPlot6,400 sq ft⃃ 2,715,980Primary · Ready
11/12/2023Al RashidiyaPlot6,400 sq ft⃃ 1,500,000Primary · Ready
08/12/2023Al RashidiyaPlot3,600 sq ft⃃ 650,000Primary · Ready
05/12/2023Al RashidiyaPlot40,000 sq ft⃃ 6,000,000Primary · Ready
01/12/2023Al RashidiyaPlot3,470 sq ft⃃ 1,200,000Primary · Ready
21/11/2023Al RashidiyaPlot10,000 sq ft⃃ 2,500,000Primary · Ready
20/11/2023Al RashidiyaPlot4,750 sq ft⃃ 1,700,000Primary · Ready
14/11/2023Al RashidiyaPlot3,640 sq ft⃃ 1,450,000Resale · 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-rashidiya/2023
Al Rashidiya Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/al-rashidiya/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 Rashidiya in 2023?
58 property sales worth ⃃ 108,006,345 were registered in Al Rashidiya in 2023. That is 31.8% higher than 2022.
What was the median property price in Al Rashidiya in 2023?
The median sale price was ⃃ 1,650,000 and the median price per square foot ⃃ 254 (1 Jan – 31 Dec 2023).

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