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Project · Transactions · 2023

It Plaza Property Transactions 2023

34 property sales worth ⃃ 18.01M were registered in It Plaza in 2023, 325.0% higher than 2022 by number of sales. The median sale price was ⃃ 456,998 and the median price per square foot ⃃ 481 (+11.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 34 salesUpdated: 14 Nov 2026
Property sales
34
+325.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 18.01M
+429.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 456,998
+17.2% vs 2022
34 sales
Median price per sq ft
⃃ 481
+11.5% vs 2022
34 sales

What types of property sold in It Plaza in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial34100%⃃ 18.01M⃃ 456,998⃃ 481

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)12.9%⃃ 1.08M⃃ 1,077,300⃃ 900
Resale (secondary)3397.1%⃃ 16.94M⃃ 455,618⃃ 476
Ready34100%⃃ 18.01M⃃ 456,998⃃ 481

How many rental contracts were registered in It Plaza in 2023?

229 rental contracts (new and renewed) were registered in It Plaza in 2023, at a median annual rent of ⃃ 48,000 (+11.2% on 2022). Rental yields in It Plaza

What were the most expensive property sales in It Plaza in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/09/2023It PlazaCommercial1,197 sq ft⃃ 1,077,300Primary · Ready
29/11/2023It PlazaCommercial1,002 sq ft⃃ 780,000Resale · Ready
04/09/2023It PlazaCommercial1,564 sq ft⃃ 766,898Resale · Ready
04/09/2023It PlazaCommercial1,564 sq ft⃃ 766,898Resale · Ready
01/11/2023It PlazaCommercial1,471 sq ft⃃ 750,000Resale · Ready
26/10/2023It PlazaCommercial1,487 sq ft⃃ 750,000Resale · Ready
28/04/2023It PlazaCommercial1,217 sq ft⃃ 700,000Resale · Ready
16/01/2023It PlazaCommercial1,564 sq ft⃃ 670,000Resale · Ready
21/06/2023It PlazaCommercial1,487 sq ft⃃ 620,500Resale · Ready
26/10/2023It PlazaCommercial1,217 sq ft⃃ 600,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023It PlazaCommercial904 sq ft⃃ 483,000Resale · Ready
28/12/2023It PlazaCommercial904 sq ft⃃ 510,000Resale · Ready
21/12/2023It PlazaCommercial904 sq ft⃃ 425,000Resale · Ready
20/12/2023It PlazaCommercial904 sq ft⃃ 425,000Resale · Ready
14/12/2023It PlazaCommercial904 sq ft⃃ 425,000Resale · Ready
13/12/2023It PlazaCommercial904 sq ft⃃ 425,000Resale · Ready
08/12/2023It PlazaCommercial904 sq ft⃃ 440,000Resale · Ready
29/11/2023It PlazaCommercial1,002 sq ft⃃ 780,000Resale · Ready
08/11/2023It PlazaCommercial904 sq ft⃃ 415,000Resale · Ready
01/11/2023It PlazaCommercial1,471 sq ft⃃ 750,000Resale · 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/it-plaza/2023
It Plaza Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/it-plaza/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 It Plaza in 2023?
34 property sales worth ⃃ 18,013,969 were registered in It Plaza in 2023. That is 325.0% higher than 2022.
What was the median property price in It Plaza in 2023?
The median sale price was ⃃ 456,998 and the median price per square foot ⃃ 481 (1 Jan – 31 Dec 2023).
What share of 2023 sales in It Plaza were off-plan or from developers?
Developer (primary) sales were 2.9% of the 34 sales and resales 97.1%. Primary/resale and off-plan/ready are different splits.

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