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Project · Transactions · 2023

Le Reve Property Transactions 2023

5 property sales worth ⃃ 67.85M were registered in Le Reve in 2023, 66.7% higher than 2022 by number of sales. The median sale price was ⃃ 13,000,000 and the median price per square foot ⃃ 2,061 (−7.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 5 salesUpdated: 14 Nov 2026
Property sales
5
+66.7% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 67.85M
−11.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 13,000,000
−55.9% vs 2022
5 sales
Median price per sq ft
⃃ 2,061
−7.6% vs 2022
5 sales

What types of property sold in Le Reve in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5100%⃃ 67.85M⃃ 13,000,000⃃ 2,061

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)5100%⃃ 67.85M⃃ 13,000,000⃃ 2,061
Ready5100%⃃ 67.85M⃃ 13,000,000⃃ 2,061

How many rental contracts were registered in Le Reve in 2023?

6 rental contracts (new and renewed) were registered in Le Reve in 2023, at a median annual rent of ⃃ 686,000 (+38.2% on 2022). Rental yields in Le Reve

What were the most expensive property sales in Le Reve in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
04/05/2023Le Reve4 beds · Apartment6,298 sq ft⃃ 15,350,000Resale · Ready
02/05/2023Le Reve4 beds · Apartment6,308 sq ft⃃ 15,000,000Resale · Ready
19/12/2023Le Reve4 beds · Apartment6,308 sq ft⃃ 13,000,000Resale · Ready
03/08/2023Le Reve4 beds · Apartment6,298 sq ft⃃ 12,500,000Resale · Ready
16/08/2023Le Reve4 beds · Apartment6,308 sq ft⃃ 12,000,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
19/12/2023Le Reve4 beds · Apartment6,308 sq ft⃃ 13,000,000Resale · Ready
16/08/2023Le Reve4 beds · Apartment6,308 sq ft⃃ 12,000,000Resale · Ready
03/08/2023Le Reve4 beds · Apartment6,298 sq ft⃃ 12,500,000Resale · Ready
04/05/2023Le Reve4 beds · Apartment6,298 sq ft⃃ 15,350,000Resale · Ready
02/05/2023Le Reve4 beds · Apartment6,308 sq ft⃃ 15,000,000Resale · 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/le-reve/2023
Le Reve Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/le-reve/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 Le Reve in 2023?
5 property sales worth ⃃ 67,850,000 were registered in Le Reve in 2023. That is 66.7% higher than 2022.
What was the median property price in Le Reve in 2023?
The median sale price was ⃃ 13,000,000 and the median price per square foot ⃃ 2,061 (1 Jan – 31 Dec 2023).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/le-reve/2023