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Building · Transactions · 2023

Centrium Tower 1 Property Transactions 2023

16 property sales worth ⃃ 7.16M were registered in Centrium Tower 1 in 2023, 100.0% higher than 2022 by number of sales. The median sale price was ⃃ 400,000 and the median price per square foot ⃃ 544 (+19.3% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 16 salesUpdated: 16 Nov 2026
Property sales
16
+100.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 7.16M
+20.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 400,000
−7.5% vs 2022
16 sales
Median price per sq ft
⃃ 544
+19.3% vs 2022
16 sales

What types of property sold in Centrium Tower 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments16100%⃃ 7.16M⃃ 400,000⃃ 544

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)212.5%⃃ 822K⃃ 410,756⃃ 569
Resale (secondary)1487.5%⃃ 6.34M⃃ 400,000⃃ 544
Ready16100%⃃ 7.16M⃃ 400,000⃃ 544

How many rental contracts were registered in Centrium Tower 1 in 2023?

120 rental contracts (new and renewed) were registered in Centrium Tower 1 in 2023, at a median annual rent of ⃃ 43,000 (+22.9% on 2022). Rental yields in Centrium Tower 1

What were the most expensive property sales in Centrium Tower 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/12/2023Centrium Tower 12 beds · Apartment1,498 sq ft⃃ 620,000Resale · Ready
02/06/2023Centrium Tower 12 beds · Apartment978 sq ft⃃ 590,000Resale · Ready
29/11/2023Centrium Tower 11 bed · Apartment715 sq ft⃃ 560,000Resale · Ready
12/10/2023Centrium Tower 12 beds · Apartment978 sq ft⃃ 558,501Resale · Ready
05/05/2023Centrium Tower 12 beds · Apartment978 sq ft⃃ 540,000Resale · Ready
12/12/2023Centrium Tower 11 bed · Apartment726 sq ft⃃ 451,511Primary · Ready
08/11/2023Centrium Tower 11 bed · Apartment716 sq ft⃃ 420,000Resale · Ready
29/03/2023Centrium Tower 11 bed · Apartment713 sq ft⃃ 410,000Resale · Ready
08/05/2023Centrium Tower 11 bed · Apartment721 sq ft⃃ 390,000Resale · Ready
17/10/2023Centrium Tower 11 bed · Apartment713 sq ft⃃ 389,585Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
25/12/2023Centrium Tower 12 beds · Apartment1,498 sq ft⃃ 620,000Resale · Ready
12/12/2023Centrium Tower 11 bed · Apartment726 sq ft⃃ 451,511Primary · Ready
29/11/2023Centrium Tower 11 bed · Apartment715 sq ft⃃ 560,000Resale · Ready
08/11/2023Centrium Tower 11 bed · Apartment716 sq ft⃃ 420,000Resale · Ready
17/10/2023Centrium Tower 11 bed · Apartment713 sq ft⃃ 382,310Resale · Ready
17/10/2023Centrium Tower 11 bed · Apartment713 sq ft⃃ 389,585Resale · Ready
12/10/2023Centrium Tower 12 beds · Apartment978 sq ft⃃ 558,501Resale · Ready
20/06/2023Centrium Tower 11 bed · Apartment721 sq ft⃃ 380,000Resale · Ready
02/06/2023Centrium Tower 12 beds · Apartment978 sq ft⃃ 590,000Resale · Ready
08/05/2023Centrium Tower 11 bed · Apartment721 sq ft⃃ 390,000Resale · 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/centrium-tower-1/2023
Centrium Tower 1 Property Transactions 2023. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/centrium-tower-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 Centrium Tower 1 in 2023?
16 property sales worth ⃃ 7,161,907 were registered in Centrium Tower 1 in 2023. That is 100.0% higher than 2022.
What was the median property price in Centrium Tower 1 in 2023?
The median sale price was ⃃ 400,000 and the median price per square foot ⃃ 544 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Centrium Tower 1 were off-plan or from developers?
Developer (primary) sales were 12.5% of the 16 sales and resales 87.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/centrium-tower-1/2023