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Building · Transactions · 2023

Armada 1 Property Transactions 2023

24 property sales worth ⃃ 22.77M were registered in Armada 1 in 2023, 100.0% higher than 2022 by number of sales. The median sale price was ⃃ 855,000 and the median price per square foot ⃃ 1,006 (+12.4% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 24 salesUpdated: 14 Nov 2026
Property sales
24
+100.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 22.77M
+130.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 855,000
+10.3% vs 2022
24 sales
Median price per sq ft
⃃ 1,006
+12.4% vs 2022
24 sales

What types of property sold in Armada 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments24100%⃃ 22.77M⃃ 855,000⃃ 1,006

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)625%⃃ 5.86M⃃ 925,000⃃ 1,076
Ready24100%⃃ 22.77M⃃ 855,000⃃ 1,006

How many rental contracts were registered in Armada 1 in 2023?

231 rental contracts (new and renewed) were registered in Armada 1 in 2023, at a median annual rent of ⃃ 75,000 (+11.5% on 2022). Rental yields in Armada 1

What were the most expensive property sales in Armada 1 in 2023?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
15/12/2023Armada 11 bed · Apartment736 sq ft⃃ 710,000Resale · Ready
13/12/2023Armada 12 beds · Apartment980 sq ft⃃ 1,060,000Resale · Ready
24/11/2023Armada 11 bed · Apartment897 sq ft⃃ 860,000Resale · Ready
08/11/2023Armada 11 bed · Apartment828 sq ft⃃ 900,000Primary · Ready
08/11/2023Armada 11 bed · Apartment897 sq ft⃃ 950,000Primary · Ready
10/10/2023Armada 12 beds · Apartment1,315 sq ft⃃ 1,450,000Resale · Ready
30/08/2023Armada 11 bed · Apartment731 sq ft⃃ 680,000Resale · Ready
17/08/2023Armada 1Studio · Apartment481 sq ft⃃ 625,000Primary · Ready
17/08/2023Armada 1Studio · Apartment481 sq ft⃃ 625,000Primary · Ready
09/08/2023Armada 11 bed · Apartment897 sq ft⃃ 700,000Resale · 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/armada-1/2023
Armada 1 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/armada-1/2023

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 Armada 1 in 2023?
24 property sales worth ⃃ 22,768,956 were registered in Armada 1 in 2023. That is 100.0% higher than 2022.
What was the median property price in Armada 1 in 2023?
The median sale price was ⃃ 855,000 and the median price per square foot ⃃ 1,006 (1 Jan – 31 Dec 2023).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/armada-1/2023