Project · Transactions · 2023

Binghatti Gems Property Transactions 2023

24 property sales worth ⃃ 13.82M were registered in Binghatti Gems in 2023, 45.5% lower than 2022 by number of sales. The median sale price was ⃃ 550,000 and the median price per square foot ⃃ 788 (+13.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 24 salesUpdated: 12 Nov 2026
Property sales
24
−45.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 13.82M
−53.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 550,000
−16.9% vs 2022
24 sales
Median price per sq ft
⃃ 788
+13.6% vs 2022
24 sales

What types of property sold in Binghatti Gems in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments24100%⃃ 13.82M⃃ 550,000⃃ 788

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
Ready24100%⃃ 13.82M⃃ 550,000⃃ 788

What were the most expensive property sales in Binghatti Gems in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/12/2023Binghatti Gems2 beds · Apartment931 sq ft⃃ 840,000Resale · Ready
28/12/2023Binghatti Gems2 beds · Apartment966 sq ft⃃ 810,000Resale · Ready
25/04/2023Binghatti Gems2 beds · Apartment1,046 sq ft⃃ 790,000Resale · Ready
29/08/2023Binghatti Gems1 bed · Apartment654 sq ft⃃ 655,000Resale · Ready
27/04/2023Binghatti Gems1 bed · Apartment654 sq ft⃃ 575,000Resale · Ready
31/08/2023Binghatti Gems1 bed · Apartment879 sq ft⃃ 575,000Resale · Ready
13/06/2023Binghatti Gems1 bed · Apartment771 sq ft⃃ 570,000Resale · Ready
02/03/2023Binghatti Gems1 bed · Apartment653 sq ft⃃ 560,000Resale · Ready
01/05/2023Binghatti Gems1 bed · Apartment653 sq ft⃃ 560,000Resale · Ready
02/03/2023Binghatti Gems1 bed · Apartment653 sq ft⃃ 550,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Binghatti Gems2 beds · Apartment966 sq ft⃃ 810,000Resale · Ready
05/12/2023Binghatti Gems2 beds · Apartment931 sq ft⃃ 840,000Resale · Ready
31/08/2023Binghatti Gems1 bed · Apartment879 sq ft⃃ 575,000Resale · Ready
29/08/2023Binghatti Gems1 bed · Apartment654 sq ft⃃ 655,000Resale · Ready
22/08/2023Binghatti Gems2 beds · Apartment1,113 sq ft⃃ 410,000Resale · Ready
20/07/2023Binghatti Gems1 bed · Apartment973 sq ft⃃ 535,000Resale · Ready
12/07/2023Binghatti Gems1 bed · Apartment653 sq ft⃃ 545,000Resale · Ready
14/06/2023Binghatti Gems1 bed · Apartment663 sq ft⃃ 550,000Resale · Ready
13/06/2023Binghatti Gems1 bed · Apartment771 sq ft⃃ 570,000Resale · Ready
07/06/2023Binghatti Gems1 bed · Apartment859 sq ft⃃ 550,000Resale · 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/binghatti-gems/2023
Binghatti Gems Property Transactions 2023. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/binghatti-gems/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 Binghatti Gems in 2023?
24 property sales worth ⃃ 13,819,000 were registered in Binghatti Gems in 2023. That is 45.5% lower than 2022.
What was the median property price in Binghatti Gems in 2023?
The median sale price was ⃃ 550,000 and the median price per square foot ⃃ 788 (1 Jan – 31 Dec 2023).

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/binghatti-gems/2023