Master Project · Transactions · 2023

Dubai Maritime City Property Transactions 2023

837 property sales worth ⃃ 4.2B were registered in Dubai Maritime City in 2023, 1001.3% higher than 2022 by number of sales. The median sale price was ⃃ 2,037,228 and the median price per square foot ⃃ 1,926 (+11.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 837 salesUpdated: 13 Nov 2026
Property sales
837
+1001.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 4.2B
+1025.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,037,228
+7.5% vs 2022
837 sales
Median price per sq ft
⃃ 1,926
+11.6% vs 2022
837 sales

What types of property sold in Dubai Maritime City in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments81597.4%⃃ 1.8B⃃ 2,013,000⃃ 1,926

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)79595%⃃ 3.9B⃃ 2,043,402⃃ 1,929
Resale (secondary)425%⃃ 355.12M⃃ 1,750,000⃃ 1,759
Off-plan75189.7%⃃ 1.6B⃃ 2,011,000⃃ 1,939
Ready8610.3%⃃ 2.6B⃃ 2,506,601⃃ 1,798

How many rental contracts were registered in Dubai Maritime City in 2023?

431 rental contracts (new and renewed) were registered in Dubai Maritime City in 2023, at a median annual rent of ⃃ 97,951 (+15.8% on 2022). Rental yields in Dubai Maritime City

What were the most expensive property sales in Dubai Maritime City in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
03/11/2023Dubai Maritime CityPlot944,301 sq ft⃃ 505,936,250Primary · Ready
03/11/2023Dubai Maritime CityPlot200,190 sq ft⃃ 347,449,500Primary · Ready
25/05/2023Oceanz 2Plot53,886 sq ft⃃ 169,387,400Primary · Ready
03/11/2023Dubai Maritime CityPlot115,571 sq ft⃃ 157,833,000Primary · Ready
03/11/2023SensiaPlot68,993 sq ft⃃ 141,864,750Primary · Ready
03/11/2023Dubai Maritime CityPlot124,440 sq ft⃃ 138,017,000Primary · Ready
26/04/2023IL VENTOPlot40,015 sq ft⃃ 131,231,356Primary · Ready
03/11/2023Dubai Maritime CityPlot81,791 sq ft⃃ 104,703,250Primary · Ready
15/12/2023The PierPlot30,011 sq ft⃃ 102,000,000Resale · Ready
28/09/2023Oceanz 3Plot41,855 sq ft⃃ 100,000,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
31/12/2023Mar Casa1 bed · Apartment763 sq ft⃃ 1,381,560Primary · Off-plan
28/12/2023Mar Casa1 bed · Apartment764 sq ft⃃ 1,374,651Primary · Off-plan
28/12/2023Mar Casa1 bed · Apartment747 sq ft⃃ 1,360,678Primary · Off-plan
28/12/2023Mar Casa2 beds · Apartment1,126 sq ft⃃ 1,932,749Primary · Off-plan
28/12/2023Mar Casa1 bed · Apartment958 sq ft⃃ 1,749,016Primary · Off-plan
28/12/2023Mar Casa1 bed · Apartment771 sq ft⃃ 1,398,854Primary · Off-plan
28/12/2023Mar Casa1 bed · Apartment748 sq ft⃃ 1,372,193Primary · Off-plan
28/12/2023Mar Casa3 beds · Apartment1,873 sq ft⃃ 3,176,068Primary · Off-plan
28/12/2023Mar Casa3 beds · Apartment4,048 sq ft⃃ 6,770,400Primary · Off-plan
28/12/2023Mar Casa1 bed · Apartment763 sq ft⃃ 1,358,529Primary · 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-maritime-city/2023
Dubai Maritime City Property Transactions 2023. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/dubai-maritime-city/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 Maritime City in 2023?
837 property sales worth ⃃ 4,247,690,805 were registered in Dubai Maritime City in 2023. That is 1001.3% higher than 2022.
What was the median property price in Dubai Maritime City in 2023?
The median sale price was ⃃ 2,037,228 and the median price per square foot ⃃ 1,926 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Dubai Maritime City were off-plan or from developers?
Developer (primary) sales were 95% of the 837 sales and resales 5%. Off-plan units made up 89.7% and ready units 10.3%. Primary/resale and off-plan/ready are different splits.

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