Area · Transactions · 2023

Madinat Dubai Almelaheyah Property Transactions 2023

1,843 property sales worth ⃃ 6.6B were registered in Madinat Dubai Almelaheyah in 2023, 485.1% higher than 2022 by number of sales. The median sale price was ⃃ 2,141,888 and the median price per square foot ⃃ 1,875 (+11.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 1,843 salesUpdated: 13 Nov 2026
Property sales
1,843
+485.1% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 6.6B
+622.4% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,141,888
+7.4% vs 2022
1,843 sales
Median price per sq ft
⃃ 1,875
+11.7% vs 2022
1,843 sales

What types of property sold in Madinat Dubai Almelaheyah in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1,81598.5%⃃ 3.9B⃃ 2,123,445⃃ 1,878

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)1,78596.9%⃃ 6.2B⃃ 2,153,888⃃ 1,878
Resale (secondary)583.1%⃃ 391.22M⃃ 1,993,015⃃ 1,784
Off-plan1,75195%⃃ 3.8B⃃ 2,123,653⃃ 1,881
Ready925%⃃ 2.9B⃃ 2,556,450⃃ 1,773

How many rental contracts were registered in Madinat Dubai Almelaheyah in 2023?

2,696 rental contracts (new and renewed) were registered in Madinat Dubai Almelaheyah in 2023, at a median annual rent of ⃃ 68,669 (+22.6% on 2022). Rental yields in Madinat Dubai Almelaheyah

What were the most expensive property sales in Madinat Dubai Almelaheyah in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
03/11/2023Dubai Maritime CityPlot944,301 sq ft⃃ 505,936,250Primary · Ready
03/11/2023Dubai Maritime CityPlot200,190 sq ft⃃ 347,449,500Primary · Ready
25/05/2023Oceanz 2Plot53,886 sq ft⃃ 169,387,400Primary · Ready
03/11/2023Dubai Maritime CityPlot115,571 sq ft⃃ 157,833,000Primary · Ready
03/11/2023SensiaPlot68,993 sq ft⃃ 141,864,750Primary · Ready
03/11/2023Dubai Maritime CityPlot124,440 sq ft⃃ 138,017,000Primary · Ready
28/12/2023Madinat Dubai AlmelaheyahPlot131,501 sq ft⃃ 131,500,629Primary · Ready
26/04/2023IL VENTOPlot40,015 sq ft⃃ 131,231,356Primary · Ready
03/11/2023Dubai Maritime CityPlot81,791 sq ft⃃ 104,703,250Primary · Ready
15/12/2023The PierPlot30,011 sq ft⃃ 102,000,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
31/12/2023Mar Casa1 bed · Apartment763 sq ft⃃ 1,381,560Primary · Off-plan
28/12/2023Mar Casa1 bed · Apartment764 sq ft⃃ 1,374,651Primary · Off-plan
28/12/2023Mar Casa1 bed · Apartment747 sq ft⃃ 1,360,678Primary · Off-plan
28/12/2023Mar Casa2 beds · Apartment1,126 sq ft⃃ 1,932,749Primary · Off-plan
28/12/2023Mar Casa1 bed · Apartment958 sq ft⃃ 1,749,016Primary · Off-plan
28/12/2023Mar Casa1 bed · Apartment771 sq ft⃃ 1,398,854Primary · Off-plan
28/12/2023Mar Casa1 bed · Apartment748 sq ft⃃ 1,372,193Primary · Off-plan
28/12/2023Mar Casa3 beds · Apartment1,873 sq ft⃃ 3,176,068Primary · Off-plan
28/12/2023Mar Casa3 beds · Apartment4,048 sq ft⃃ 6,770,400Primary · Off-plan
28/12/2023Mar Casa1 bed · Apartment763 sq ft⃃ 1,358,529Primary · Off-plan

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/madinat-dubai-almelaheyah/2023
Madinat Dubai Almelaheyah Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/madinat-dubai-almelaheyah/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 Madinat Dubai Almelaheyah in 2023?
1,843 property sales worth ⃃ 6,634,119,322 were registered in Madinat Dubai Almelaheyah in 2023. That is 485.1% higher than 2022.
What was the median property price in Madinat Dubai Almelaheyah in 2023?
The median sale price was ⃃ 2,141,888 and the median price per square foot ⃃ 1,875 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Madinat Dubai Almelaheyah were off-plan or from developers?
Developer (primary) sales were 96.9% of the 1,843 sales and resales 3.1%. Off-plan units made up 95% and ready units 5%. Primary/resale and off-plan/ready are different splits.

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