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Master Project · Transactions · 2023

Dubiotech Property Transactions 2023

904 property sales worth ⃃ 966.04M were registered in Dubiotech in 2023, 579.7% higher than 2022 by number of sales. The median sale price was ⃃ 771,632 and the median price per square foot ⃃ 1,192 (+38.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 904 salesUpdated: 15 Nov 2026
Property sales
904
+579.7% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 966.04M
+274.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 771,632
+7.6% vs 2022
904 sales
Median price per sq ft
⃃ 1,192
+38.1% vs 2022
904 sales

What types of property sold in Dubiotech in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments87496.7%⃃ 754.31M⃃ 755,988⃃ 1,191
Villas222.4%⃃ 87.26M⃃ 3,737,500⃃ 1,284
Commercial30.3%⃃ 3.13M⃃ 1,132,658⃃ 1,751

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)76885%⃃ 678.76M⃃ 789,560⃃ 1,203
Resale (secondary)13615%⃃ 287.28M⃃ 705,000⃃ 1,045
Off-plan56962.9%⃃ 500.76M⃃ 902,000⃃ 1,245
Ready33537.1%⃃ 465.28M⃃ 747,265⃃ 870

How many rental contracts were registered in Dubiotech in 2023?

1,016 rental contracts (new and renewed) were registered in Dubiotech in 2023, at a median annual rent of ⃃ 58,000 (+8.4% on 2022). Rental yields in Dubiotech

What were the most expensive property sales in Dubiotech in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/12/2023DubiotechPlot74,747 sq ft⃃ 83,716,235Resale · Ready
30/05/2023DubiotechPlot80,001 sq ft⃃ 16,700,126Resale · Ready
21/12/2023DubiotechPlot109,156 sq ft⃃ 14,414,030Resale · Ready
22/09/2023DubiotechPlot32,814 sq ft⃃ 6,505,000Resale · Ready
07/12/2023Villa Lantana 24 beds · Villa4,706 sq ft⃃ 6,200,000Resale · Ready
20/09/2023Villa Lantana 14 beds · Villa4,482 sq ft⃃ 6,000,000Resale · Ready
04/07/2023Villa Lantana 24 beds · Villa4,986 sq ft⃃ 5,400,000Resale · Ready
20/01/2023Villa Lantana 24 beds · Villa4,304 sq ft⃃ 5,000,000Resale · Ready
09/10/2023Villa Lantana 14 beds · Villa3,810 sq ft⃃ 4,937,990Resale · Ready
25/04/2023Villa Lantana 14 beds · Villa3,796 sq ft⃃ 4,600,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Bella Rose1 bed · Apartment694 sq ft⃃ 730,000Resale · Ready
28/12/2023Bella Rose1 bed · Apartment715 sq ft⃃ 700,000Resale · Ready
28/12/2023DubiotechPlot74,747 sq ft⃃ 83,716,235Resale · Ready
26/12/2023Montrose Residence B2 beds · Apartment1,131 sq ft⃃ 1,000,344Primary · Ready
26/12/2023Montrose Residence B1 bed · Apartment765 sq ft⃃ 723,945Primary · Ready
25/12/2023Montrose Residence A1 bed · Apartment764 sq ft⃃ 662,880Resale · Ready
21/12/2023DubiotechPlot109,156 sq ft⃃ 14,414,030Resale · Ready
21/12/2023Bella RoseStudio · Apartment417 sq ft⃃ 525,000Resale · Ready
19/12/2023Bella RoseStudio · Apartment425 sq ft⃃ 590,000Resale · Ready
19/12/2023Bella RoseStudio · Apartment417 sq ft⃃ 552,181Resale · 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/dubiotech/2023
Dubiotech Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/dubiotech/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 Dubiotech in 2023?
904 property sales worth ⃃ 966,042,577 were registered in Dubiotech in 2023. That is 579.7% higher than 2022.
What was the median property price in Dubiotech in 2023?
The median sale price was ⃃ 771,632 and the median price per square foot ⃃ 1,192 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Dubiotech were off-plan or from developers?
Developer (primary) sales were 85% of the 904 sales and resales 15%. Off-plan units made up 62.9% and ready units 37.1%. Primary/resale and off-plan/ready are different splits.

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