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Building · Transactions · 2023

Loreto 1 - B Property Transactions 2023

9 property sales worth ⃃ 6.88M were registered in Loreto 1 - B in 2023, 30.8% lower than 2022 by number of sales. The median sale price was ⃃ 768,000 and the median price per square foot ⃃ 1,318 (+49.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 9 salesUpdated: 14 Nov 2026
Property sales
9
−30.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 6.88M
−47.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 768,000
−12.2% vs 2022
9 sales
Median price per sq ft
⃃ 1,318
+49.7% vs 2022
9 sales

What types of property sold in Loreto 1 - B in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments9100%⃃ 6.88M⃃ 768,000⃃ 1,318

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)777.8%⃃ 5.04M⃃ 750,000⃃ 1,318
Resale (secondary)222.2%⃃ 1.84M⃃ 921,000⃃ 1,309
Ready9100%⃃ 6.88M⃃ 768,000⃃ 1,318

How many rental contracts were registered in Loreto 1 - B in 2023?

42 rental contracts (new and renewed) were registered in Loreto 1 - B in 2023, at a median annual rent of ⃃ 56,141 (+6.6% on 2022). Rental yields in Loreto 1 - B

What were the most expensive property sales in Loreto 1 - B in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
22/11/2023Loreto 1 - B1 bed · Apartment816 sq ft⃃ 1,003,000Resale · Ready
27/07/2023Loreto 1 - BStudio · Apartment604 sq ft⃃ 839,000Resale · Ready
20/06/2023Loreto 1 - BStudio · Apartment501 sq ft⃃ 803,000Primary · Ready
14/05/2023Loreto 1 - BStudio · Apartment584 sq ft⃃ 770,000Primary · Ready
23/01/2023Loreto 1 - BStudio · Apartment630 sq ft⃃ 768,000Primary · Ready
07/08/2023Loreto 1 - BStudio · Apartment539 sq ft⃃ 750,000Primary · Ready
26/06/2023Loreto 1 - BStudio · Apartment526 sq ft⃃ 670,700Primary · Ready
04/09/2023Loreto 1 - BStudio · Apartment461 sq ft⃃ 652,000Primary · Ready
26/06/2023Loreto 1 - BStudio · Apartment482 sq ft⃃ 629,000Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
22/11/2023Loreto 1 - B1 bed · Apartment816 sq ft⃃ 1,003,000Resale · Ready
04/09/2023Loreto 1 - BStudio · Apartment461 sq ft⃃ 652,000Primary · Ready
07/08/2023Loreto 1 - BStudio · Apartment539 sq ft⃃ 750,000Primary · Ready
27/07/2023Loreto 1 - BStudio · Apartment604 sq ft⃃ 839,000Resale · Ready
26/06/2023Loreto 1 - BStudio · Apartment526 sq ft⃃ 670,700Primary · Ready
26/06/2023Loreto 1 - BStudio · Apartment482 sq ft⃃ 629,000Primary · Ready
20/06/2023Loreto 1 - BStudio · Apartment501 sq ft⃃ 803,000Primary · Ready
14/05/2023Loreto 1 - BStudio · Apartment584 sq ft⃃ 770,000Primary · Ready
23/01/2023Loreto 1 - BStudio · Apartment630 sq ft⃃ 768,000Primary · 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/loreto-1-b/2023
Loreto 1 - B Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/loreto-1-b/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 Loreto 1 - B in 2023?
9 property sales worth ⃃ 6,884,700 were registered in Loreto 1 - B in 2023. That is 30.8% lower than 2022.
What was the median property price in Loreto 1 - B in 2023?
The median sale price was ⃃ 768,000 and the median price per square foot ⃃ 1,318 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Loreto 1 - B were off-plan or from developers?
Developer (primary) sales were 77.8% of the 9 sales and resales 22.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/loreto-1-b/2023