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Building · Transactions · 2023

Collective Tower 1 Property Transactions 2023

36 property sales worth ⃃ 42.08M were registered in Collective Tower 1 in 2023, 47.1% lower than 2022 by number of sales. The median sale price was ⃃ 1,127,500 and the median price per square foot ⃃ 2,031 (+24.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 36 salesUpdated: 14 Nov 2026
Property sales
36
−47.1% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 42.08M
−36.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,127,500
+24.9% vs 2022
36 sales
Median price per sq ft
⃃ 2,031
+24.6% vs 2022
36 sales

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

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments36100%⃃ 42.08M⃃ 1,127,500⃃ 2,031

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)36100%⃃ 42.08M⃃ 1,127,500⃃ 2,031
Ready36100%⃃ 42.08M⃃ 1,127,500⃃ 2,031

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

151 rental contracts (new and renewed) were registered in Collective Tower 1 in 2023, at a median annual rent of ⃃ 80,300 (+14.7% on 2022). Rental yields in Collective Tower 1

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/12/2023Collective Tower 12 beds · Apartment720 sq ft⃃ 1,650,000Resale · Ready
14/11/2023Collective Tower 12 beds · Apartment722 sq ft⃃ 1,630,000Resale · Ready
30/11/2023Collective Tower 12 beds · Apartment722 sq ft⃃ 1,586,000Resale · Ready
02/10/2023Collective Tower 12 beds · Apartment722 sq ft⃃ 1,579,509Resale · Ready
12/10/2023Collective Tower 12 beds · Apartment722 sq ft⃃ 1,576,307Resale · Ready
14/03/2023Collective Tower 12 beds · Apartment741 sq ft⃃ 1,500,000Resale · Ready
14/06/2023Collective Tower 12 beds · Apartment741 sq ft⃃ 1,475,000Resale · Ready
15/11/2023Collective Tower 12 beds · Apartment725 sq ft⃃ 1,450,000Resale · Ready
29/08/2023Collective Tower 12 beds · Apartment725 sq ft⃃ 1,390,000Resale · Ready
13/07/2023Collective Tower 12 beds · Apartment743 sq ft⃃ 1,380,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
26/12/2023Collective Tower 11 bed · Apartment487 sq ft⃃ 1,075,000Resale · Ready
26/12/2023Collective Tower 11 bed · Apartment476 sq ft⃃ 1,050,000Resale · Ready
25/12/2023Collective Tower 12 beds · Apartment720 sq ft⃃ 1,650,000Resale · Ready
19/12/2023Collective Tower 11 bed · Apartment476 sq ft⃃ 1,130,000Resale · Ready
15/12/2023Collective Tower 11 bed · Apartment475 sq ft⃃ 1,225,000Resale · Ready
30/11/2023Collective Tower 12 beds · Apartment722 sq ft⃃ 1,586,000Resale · Ready
27/11/2023Collective Tower 11 bed · Apartment483 sq ft⃃ 1,100,000Resale · Ready
15/11/2023Collective Tower 12 beds · Apartment725 sq ft⃃ 1,450,000Resale · Ready
14/11/2023Collective Tower 12 beds · Apartment722 sq ft⃃ 1,630,000Resale · Ready
09/11/2023Collective Tower 11 bed · Apartment476 sq ft⃃ 1,125,000Resale · 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/collective-tower-1/2023
Collective Tower 1 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/collective-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 Collective Tower 1 in 2023?
36 property sales worth ⃃ 42,078,117 were registered in Collective Tower 1 in 2023. That is 47.1% lower than 2022.
What was the median property price in Collective Tower 1 in 2023?
The median sale price was ⃃ 1,127,500 and the median price per square foot ⃃ 2,031 (1 Jan – 31 Dec 2023).

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