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Project · Transactions · 2023

Binghatti Luna Property Transactions 2023

40 property sales worth ⃃ 28.21M were registered in Binghatti Luna in 2023, 79.4% lower than 2022 by number of sales. The median sale price was ⃃ 683,557 and the median price per square foot ⃃ 880 (+7.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 40 salesUpdated: 15 Nov 2026
Property sales
40
−79.4% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 28.21M
−79.2% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 683,557
+13.9% vs 2022
40 sales
Median price per sq ft
⃃ 880
+7.1% vs 2022
40 sales

What types of property sold in Binghatti Luna in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments40100%⃃ 28.21M⃃ 683,557⃃ 880

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)1742.5%⃃ 10.6M⃃ 600,000⃃ 846
Resale (secondary)2357.5%⃃ 17.61M⃃ 720,000⃃ 907
Off-plan3997.5%⃃ 27.47M⃃ 680,000⃃ 874
Ready12.5%⃃ 735K⃃ 735,000⃃ 1,143

How many rental contracts were registered in Binghatti Luna in 2023?

1 rental contracts (new and renewed) were registered in Binghatti Luna in 2023, at a median annual rent of ⃃ 110,000. Rental yields in Binghatti Luna

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
03/11/2023Binghatti Luna3 beds · Apartment1,492 sq ft⃃ 1,850,000Resale · Off-plan
31/10/2023Binghatti Luna3 beds · Apartment1,490 sq ft⃃ 1,350,000Resale · Off-plan
03/03/2023Binghatti Luna2 beds · Apartment972 sq ft⃃ 850,000Resale · Off-plan
17/07/2023Binghatti Luna2 beds · Apartment1,179 sq ft⃃ 835,000Resale · Off-plan
15/08/2023Binghatti Luna1 bed · Apartment642 sq ft⃃ 820,000Primary · Off-plan
05/05/2023Binghatti Luna2 beds · Apartment1,179 sq ft⃃ 810,000Primary · Off-plan
28/11/2023Binghatti Luna1 bed · Apartment883 sq ft⃃ 790,000Resale · Off-plan
06/11/2023Binghatti Luna1 bed · Apartment641 sq ft⃃ 750,000Resale · Off-plan
31/08/2023Binghatti Luna1 bed · Apartment676 sq ft⃃ 740,000Resale · Off-plan
20/12/2023Binghatti Luna1 bed · Apartment643 sq ft⃃ 735,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
20/12/2023Binghatti Luna1 bed · Apartment643 sq ft⃃ 735,000Resale · Ready
11/12/2023Binghatti Luna1 bed · Apartment643 sq ft⃃ 727,000Resale · Off-plan
28/11/2023Binghatti Luna1 bed · Apartment883 sq ft⃃ 790,000Resale · Off-plan
15/11/2023Binghatti Luna1 bed · Apartment655 sq ft⃃ 730,000Resale · Off-plan
06/11/2023Binghatti Luna1 bed · Apartment641 sq ft⃃ 750,000Resale · Off-plan
03/11/2023Binghatti Luna3 beds · Apartment1,492 sq ft⃃ 1,850,000Resale · Off-plan
31/10/2023Binghatti Luna3 beds · Apartment1,490 sq ft⃃ 1,350,000Resale · Off-plan
31/08/2023Binghatti Luna1 bed · Apartment644 sq ft⃃ 730,000Resale · Off-plan
31/08/2023Binghatti Luna1 bed · Apartment676 sq ft⃃ 740,000Resale · Off-plan
23/08/2023Binghatti Luna1 bed · Apartment913 sq ft⃃ 703,023Resale · Off-plan

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-luna/2023
Binghatti Luna Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/binghatti-luna/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 Luna in 2023?
40 property sales worth ⃃ 28,206,571 were registered in Binghatti Luna in 2023. That is 79.4% lower than 2022.
What was the median property price in Binghatti Luna in 2023?
The median sale price was ⃃ 683,557 and the median price per square foot ⃃ 880 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Binghatti Luna were off-plan or from developers?
Developer (primary) sales were 42.5% of the 40 sales and resales 57.5%. Off-plan units made up 97.5% and ready units 2.5%. Primary/resale and off-plan/ready are different splits.

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