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Project · Transactions · 2023

Axis Residences 1 Property Transactions 2023

45 property sales worth ⃃ 19.91M were registered in Axis Residences 1 in 2023, 60.7% higher than 2022 by number of sales. The median sale price was ⃃ 400,000 and the median price per square foot ⃃ 445 (+0.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 45 salesUpdated: 14 Nov 2026
Property sales
45
+60.7% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 19.91M
+83.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 400,000
+5.3% vs 2022
45 sales
Median price per sq ft
⃃ 445
+0.6% vs 2022
45 sales

What types of property sold in Axis Residences 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments45100%⃃ 19.91M⃃ 400,000⃃ 445

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)45100%⃃ 19.91M⃃ 400,000⃃ 445
Ready45100%⃃ 19.91M⃃ 400,000⃃ 445

How many rental contracts were registered in Axis Residences 1 in 2023?

182 rental contracts (new and renewed) were registered in Axis Residences 1 in 2023, at a median annual rent of ⃃ 38,822 (+17.6% on 2022). Rental yields in Axis Residences 1

What were the most expensive property sales in Axis Residences 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/08/2023Axis Residences One 21 bed · Apartment877 sq ft⃃ 952,882Resale · Ready
31/03/2023Axis Residences One 21 bed · Apartment852 sq ft⃃ 907,256Resale · Ready
31/03/2023Axis Residences One 41 bed · Apartment852 sq ft⃃ 888,041Resale · Ready
31/03/2023Axis Residences One 31 bed · Apartment852 sq ft⃃ 871,837Resale · Ready
26/10/2023Axis Residences One 31 bed · Apartment1,271 sq ft⃃ 498,000Resale · Ready
23/08/2023Axis Residences One 21 bed · Apartment877 sq ft⃃ 476,440Resale · Ready
30/08/2023Axis Residences One 41 bed · Apartment898 sq ft⃃ 472,537Resale · Ready
25/12/2023Axis Residences One 31 bed · Apartment852 sq ft⃃ 455,000Resale · Ready
06/12/2023Axis Residences One 11 bed · Apartment938 sq ft⃃ 450,000Resale · Ready
05/10/2023Axis Residences One 41 bed · Apartment854 sq ft⃃ 450,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
25/12/2023Axis Residences One 31 bed · Apartment852 sq ft⃃ 455,000Resale · Ready
20/12/2023Axis Residences One 31 bed · Apartment847 sq ft⃃ 400,000Resale · Ready
19/12/2023Axis Residences One 31 bed · Apartment938 sq ft⃃ 440,000Resale · Ready
06/12/2023Axis Residences One 11 bed · Apartment938 sq ft⃃ 450,000Resale · Ready
28/11/2023Axis Residences One 31 bed · Apartment877 sq ft⃃ 425,000Resale · Ready
13/11/2023Axis Residences One 11 bed · Apartment854 sq ft⃃ 415,000Resale · Ready
26/10/2023Axis Residences One 31 bed · Apartment1,271 sq ft⃃ 498,000Resale · Ready
24/10/2023Axis Residences One 31 bed · Apartment856 sq ft⃃ 300,000Resale · Ready
24/10/2023Axis Residences One 11 bed · Apartment860 sq ft⃃ 300,000Resale · Ready
23/10/2023Axis Residences One 11 bed · Apartment938 sq ft⃃ 406,642Resale · 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/axis-residences-1/2023
Axis Residences 1 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/axis-residences-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 Axis Residences 1 in 2023?
45 property sales worth ⃃ 19,905,362 were registered in Axis Residences 1 in 2023. That is 60.7% higher than 2022.
What was the median property price in Axis Residences 1 in 2023?
The median sale price was ⃃ 400,000 and the median price per square foot ⃃ 445 (1 Jan – 31 Dec 2023).

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