Project · Transactions · 2023

Damac Bay Property Transactions 2023

839 property sales worth ⃃ 5B were registered in Damac Bay in 2023, with no comparable figure for 2022 by number of sales. The median sale price was ⃃ 3,948,000 and the median price per square foot ⃃ 3,925.

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 839 salesUpdated: 12 Nov 2026
Property sales
839
1 Jan – 31 Dec 2023
Total value
⃃ 5B
1 Jan – 31 Dec 2023
Median sale price
⃃ 3,948,000
839 sales
Median price per sq ft
⃃ 3,925
839 sales

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)839100%⃃ 5B⃃ 3,948,000⃃ 3,925
Off-plan83899.9%⃃ 4.4B⃃ 3,945,500⃃ 3,925
Ready10.1%⃃ 623.07M⃃ 623,067,617⃃ 5,336

What were the most expensive property sales in Damac Bay in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
02/01/2023Damac BayPlot116,767 sq ft⃃ 623,067,617Primary · Ready
15/12/2023Damac Bay Tower B5 beds · Apartment6,565 sq ft⃃ 31,395,000Primary · Off-plan
12/12/2023Damac Bay Tower B5 beds · Apartment6,660 sq ft⃃ 31,264,000Primary · Off-plan
15/12/2023Damac Bay Tower B5 beds · Apartment6,563 sq ft⃃ 30,100,000Primary · Off-plan
15/12/2023Damac Bay Tower B5 beds · Apartment6,656 sq ft⃃ 29,948,000Primary · Off-plan
13/12/2023Damac Bay Tower A5 beds · Apartment6,549 sq ft⃃ 29,553,000Primary · Off-plan
15/12/2023Damac Bay Tower A5 beds · Apartment6,647 sq ft⃃ 28,453,590Primary · Off-plan
15/12/2023Damac Bay Tower B4 beds · Apartment4,588 sq ft⃃ 21,201,320Primary · Off-plan
15/12/2023Damac Bay Tower B4 beds · Apartment4,514 sq ft⃃ 20,832,000Primary · Off-plan
14/12/2023Damac Bay Tower B4 beds · Apartment4,586 sq ft⃃ 20,760,000Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
18/12/2023Damac Bay Tower C1 bed · Apartment827 sq ft⃃ 3,880,000Primary · Off-plan
18/12/2023Damac Bay Tower C2 beds · Apartment1,365 sq ft⃃ 6,026,610Primary · Off-plan
18/12/2023Damac Bay Tower C2 beds · Apartment1,738 sq ft⃃ 7,948,180Primary · Off-plan
18/12/2023Damac Bay Tower C3 beds · Apartment1,956 sq ft⃃ 9,064,650Primary · Off-plan
18/12/2023Damac Bay Tower C1 bed · Apartment827 sq ft⃃ 3,881,940Primary · Off-plan
18/12/2023Damac Bay Tower C1 bed · Apartment871 sq ft⃃ 4,081,760Primary · Off-plan
18/12/2023Damac Bay Tower C2 beds · Apartment1,267 sq ft⃃ 5,738,520Primary · Off-plan
18/12/2023Damac Bay Tower C3 beds · Apartment1,956 sq ft⃃ 9,103,000Primary · Off-plan
15/12/2023Damac Bay Tower B3 beds · Apartment3,279 sq ft⃃ 16,106,000Primary · Off-plan
15/12/2023Damac Bay Tower A3 beds · Apartment3,181 sq ft⃃ 15,112,000Primary · 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/damac-bay/2023
Damac Bay Property Transactions 2023. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/damac-bay/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 Damac Bay in 2023?
839 property sales worth ⃃ 4,996,013,106 were registered in Damac Bay in 2023. That is with no comparable figure for 2022.
What was the median property price in Damac Bay in 2023?
The median sale price was ⃃ 3,948,000 and the median price per square foot ⃃ 3,925 (1 Jan – 31 Dec 2023).

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