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Project · Transactions · 2023

Elz Residence Property Transactions 2023

26 property sales worth ⃃ 12.35M were registered in Elz Residence in 2023, 13.3% lower than 2022 by number of sales. The median sale price was ⃃ 417,500 and the median price per square foot ⃃ 1,024 (+8.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 26 salesUpdated: 15 Nov 2026
Property sales
26
−13.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 12.35M
−23.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 417,500
+4.4% vs 2022
26 sales
Median price per sq ft
⃃ 1,024
+8.6% vs 2022
26 sales

What types of property sold in Elz Residence in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments26100%⃃ 12.35M⃃ 417,500⃃ 1,024

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)26100%⃃ 12.35M⃃ 417,500⃃ 1,024
Ready26100%⃃ 12.35M⃃ 417,500⃃ 1,024

How many rental contracts were registered in Elz Residence in 2023?

186 rental contracts (new and renewed) were registered in Elz Residence in 2023, at a median annual rent of ⃃ 35,000 (+16.7% on 2022). Rental yields in Elz Residence

What were the most expensive property sales in Elz Residence in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/11/2023Elz Residence2 beds · Apartment1,149 sq ft⃃ 1,100,000Resale · Ready
06/06/2023Elz Residence2 beds · Apartment1,151 sq ft⃃ 1,080,000Resale · Ready
06/11/2023Elz Residence1 bed · Apartment686 sq ft⃃ 630,000Resale · Ready
06/03/2023Elz Residence1 bed · Apartment692 sq ft⃃ 570,000Resale · Ready
02/06/2023Elz Residence2 beds · Apartment1,149 sq ft⃃ 537,500Resale · Ready
08/09/2023Elz ResidenceStudio · Apartment392 sq ft⃃ 500,000Resale · Ready
08/09/2023Elz ResidenceStudio · Apartment393 sq ft⃃ 500,000Resale · Ready
15/12/2023Elz ResidenceStudio · Apartment393 sq ft⃃ 470,000Resale · Ready
28/09/2023Elz ResidenceStudio · Apartment392 sq ft⃃ 450,000Resale · Ready
06/11/2023Elz ResidenceStudio · Apartment432 sq ft⃃ 445,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
27/12/2023Elz ResidenceStudio · Apartment391 sq ft⃃ 420,000Resale · Ready
15/12/2023Elz ResidenceStudio · Apartment395 sq ft⃃ 410,000Resale · Ready
15/12/2023Elz ResidenceStudio · Apartment393 sq ft⃃ 470,000Resale · Ready
16/11/2023Elz Residence2 beds · Apartment1,149 sq ft⃃ 1,100,000Resale · Ready
14/11/2023Elz ResidenceStudio · Apartment392 sq ft⃃ 425,000Resale · Ready
06/11/2023Elz Residence1 bed · Apartment686 sq ft⃃ 630,000Resale · Ready
06/11/2023Elz ResidenceStudio · Apartment432 sq ft⃃ 445,000Resale · Ready
18/10/2023Elz ResidenceStudio · Apartment393 sq ft⃃ 395,000Resale · Ready
10/10/2023Elz ResidenceStudio · Apartment393 sq ft⃃ 390,000Resale · Ready
28/09/2023Elz ResidenceStudio · Apartment392 sq ft⃃ 450,000Resale · 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/elz-residence/2023
Elz Residence Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/elz-residence/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 Elz Residence in 2023?
26 property sales worth ⃃ 12,347,500 were registered in Elz Residence in 2023. That is 13.3% lower than 2022.
What was the median property price in Elz Residence in 2023?
The median sale price was ⃃ 417,500 and the median price per square foot ⃃ 1,024 (1 Jan – 31 Dec 2023).

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