Area · Transactions · 2023

Dubai Investment Park First Property Transactions 2023

431 property sales worth ⃃ 1.5B were registered in Dubai Investment Park First in 2023, 8.3% lower than 2022 by number of sales. The median sale price was ⃃ 1,326,500 and the median price per square foot ⃃ 727 (+2.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 431 salesUpdated: 13 Nov 2026
Property sales
431
−8.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 1.5B
+46.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,326,500
+5.8% vs 2022
431 sales
Median price per sq ft
⃃ 727
+2.5% vs 2022
431 sales

What types of property sold in Dubai Investment Park First in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments14333.2%⃃ 129.97M⃃ 750,000⃃ 834
Commercial317.2%⃃ 23.46M⃃ 678,215⃃ 460

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)18943.9%⃃ 213.02M⃃ 1,000,000⃃ 1,021
Resale (secondary)24256.1%⃃ 1.2B⃃ 3,800,000⃃ 562
Off-plan16538.3%⃃ 156.37M⃃ 985,000⃃ 1,075
Ready26661.7%⃃ 1.3B⃃ 3,400,000⃃ 555

How many rental contracts were registered in Dubai Investment Park First in 2023?

10,566 rental contracts (new and renewed) were registered in Dubai Investment Park First in 2023, at a median annual rent of ⃃ 40,000 (+14.3% on 2022). Rental yields in Dubai Investment Park First

What were the most expensive property sales in Dubai Investment Park First in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/12/2023Dubai Investment Park FirstPlot657,427 sq ft⃃ 92,000,000Resale · Ready
22/06/2023Dubai Investment Park FirstPlot356,927 sq ft⃃ 74,702,561Resale · Ready
07/06/2023Dubai Investment Park FirstPlot394,664 sq ft⃃ 45,000,000Resale · Ready
19/07/2023Dubai Investment Park FirstPlot81,452 sq ft⃃ 45,000,000Resale · Ready
17/01/2023Dubai Investment Park FirstPlot133,340 sq ft⃃ 30,000,000Resale · Ready
08/06/2023Dubai Investment Park FirstPlot133,340 sq ft⃃ 27,000,000Resale · Ready
19/10/2023Dubai Investment Park FirstPlot583,156 sq ft⃃ 25,332,593Primary · Ready
17/10/2023Dubai Investment Park FirstPlot582,207 sq ft⃃ 25,312,577Resale · Ready
19/10/2023Dubai Investment Park FirstPlot534,438 sq ft⃃ 23,430,668Resale · Ready
19/10/2023Dubai Investment Park FirstPlot508,650 sq ft⃃ 22,230,545Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
27/12/2023Olivia Residences1 bed · Apartment784 sq ft⃃ 799,724Primary · Off-plan
27/12/2023Olivia Residences2 beds · Apartment1,101 sq ft⃃ 1,112,377Primary · Off-plan
27/12/2023Olivia Residences1 bed · Apartment635 sq ft⃃ 673,061Primary · Off-plan
27/12/2023Lake Apartment2 beds · Apartment1,708 sq ft⃃ 1,250,000Resale · Ready
26/12/2023Verdana Residence1 bed · Apartment630 sq ft⃃ 570,416Primary · Off-plan
26/12/2023Verdana Residence1 bed · Apartment630 sq ft⃃ 507,356Primary · Off-plan
26/12/2023Olivia Residences1 bed · Apartment742 sq ft⃃ 794,354Primary · Off-plan
26/12/2023Olivia Residences1 bed · Apartment742 sq ft⃃ 768,370Primary · Off-plan
26/12/2023Dubai Investment Park FirstPlot36,767 sq ft⃃ 1,092,854Primary · Ready
25/12/2023Olivia Residences2 beds · Apartment965 sq ft⃃ 983,845Primary · 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/dubai-investment-park-first/2023
Dubai Investment Park First Property Transactions 2023. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/dubai-investment-park-first/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 Dubai Investment Park First in 2023?
431 property sales worth ⃃ 1,451,581,279 were registered in Dubai Investment Park First in 2023. That is 8.3% lower than 2022.
What was the median property price in Dubai Investment Park First in 2023?
The median sale price was ⃃ 1,326,500 and the median price per square foot ⃃ 727 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Dubai Investment Park First were off-plan or from developers?
Developer (primary) sales were 43.9% of the 431 sales and resales 56.1%. Off-plan units made up 38.3% and ready units 61.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/dubai-investment-park-first/2023