Area · Transactions · 2023

Al Thanyah First Property Transactions 2023

313 property sales worth ⃃ 623.87M were registered in Al Thanyah First in 2023, 22.5% lower than 2022 by number of sales. The median sale price was ⃃ 961,787 and the median price per square foot ⃃ 900 (+6.3% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 313 salesUpdated: 12 Nov 2026
Property sales
313
−22.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 623.87M
+37.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 961,787
+13.2% vs 2022
313 sales
Median price per sq ft
⃃ 900
+6.3% vs 2022
313 sales

What types of property sold in Al Thanyah First in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments17455.6%⃃ 170.01M⃃ 926,426⃃ 1,015

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
Ready313100%⃃ 623.87M⃃ 961,787⃃ 900

How many rental contracts were registered in Al Thanyah First in 2023?

8,965 rental contracts (new and renewed) were registered in Al Thanyah First in 2023, at a median annual rent of ⃃ 68,000 (+21.5% on 2022). Rental yields in Al Thanyah First

What were the most expensive property sales in Al Thanyah First in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/06/2023The Chedi Private ResidencesPlot73,981 sq ft⃃ 125,000,000Resale · Ready
06/03/2023Tecom Site CPlot25,758 sq ft⃃ 85,000,000Resale · Ready
13/03/2023Tecom Site CPlot29,063 sq ft⃃ 48,500,000Primary · Ready
17/10/2023I - Rise TowerCommercial14,718 sq ft⃃ 16,509,543Primary · Ready
21/08/2023I - Rise TowerCommercial6,878 sq ft⃃ 9,000,000Primary · Ready
11/09/2023I - Rise TowerCommercial3,432 sq ft⃃ 4,805,395Resale · Ready
07/11/2023Cayan Business CenterCommercial4,510 sq ft⃃ 4,300,000Resale · Ready
30/11/2023I - Rise TowerCommercial3,460 sq ft⃃ 4,200,000Resale · Ready
27/07/2023I - Rise TowerCommercial3,460 sq ft⃃ 4,000,000Resale · Ready
13/12/2023Cayan Business CenterCommercial3,122 sq ft⃃ 3,902,500Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Fahad 22 beds · Apartment1,174 sq ft⃃ 914,940Resale · Ready
28/12/2023Fahad 21 bed · Apartment1,051 sq ft⃃ 800,000Resale · Ready
27/12/2023Grosvenor Business TowerCommercial1,184 sq ft⃃ 1,250,000Resale · Ready
26/12/2023Executive HeightCommercial1,650 sq ft⃃ 1,475,000Resale · Ready
25/12/2023Fahad 22 beds · Apartment1,451 sq ft⃃ 1,090,000Resale · Ready
25/12/2023Fahad 22 beds · Apartment1,234 sq ft⃃ 1,010,000Resale · Ready
22/12/2023Grosvenor Business TowerCommercial1,276 sq ft⃃ 1,250,000Resale · Ready
21/12/2023Madison Residency2 beds · Apartment1,300 sq ft⃃ 1,185,000Resale · Ready
20/12/2023First Central1 bed · Apartment642 sq ft⃃ 925,000Primary · Ready
18/12/2023Executive HeightCommercial1,648 sq ft⃃ 1,320,000Resale · 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-thanyah-first/2023
Al Thanyah First Property Transactions 2023. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/al-thanyah-first/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 Thanyah First in 2023?
313 property sales worth ⃃ 623,872,641 were registered in Al Thanyah First in 2023. That is 22.5% lower than 2022.
What was the median property price in Al Thanyah First in 2023?
The median sale price was ⃃ 961,787 and the median price per square foot ⃃ 900 (1 Jan – 31 Dec 2023).

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/al-thanyah-first/2023