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Building · Transactions · 2023

Marsa Plaza - Core 1 Property Transactions 2023

12 property sales worth ⃃ 33.39M were registered in Marsa Plaza - Core 1 in 2023, 50.0% higher than 2022 by number of sales. The median sale price was ⃃ 2,887,500 and the median price per square foot ⃃ 1,357 (−6.8% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 12 salesUpdated: 15 Nov 2026
Property sales
12
+50.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 33.39M
+16.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,887,500
−11.1% vs 2022
12 sales
Median price per sq ft
⃃ 1,357
−6.8% vs 2022
12 sales

What types of property sold in Marsa Plaza - Core 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments12100%⃃ 33.39M⃃ 2,887,500⃃ 1,357

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)1191.7%⃃ 31.74M⃃ 3,020,000⃃ 1,368
Resale (secondary)18.3%⃃ 1.65M⃃ 1,650,000⃃ 1,320
Ready12100%⃃ 33.39M⃃ 2,887,500⃃ 1,357

How many rental contracts were registered in Marsa Plaza - Core 1 in 2023?

69 rental contracts (new and renewed) were registered in Marsa Plaza - Core 1 in 2023, at a median annual rent of ⃃ 130,000 (+8.3% on 2022). Rental yields in Marsa Plaza - Core 1

What were the most expensive property sales in Marsa Plaza - Core 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
27/03/2023Marsa Plaza - Core 13 beds · Apartment2,431 sq ft⃃ 3,615,000Primary · Ready
13/06/2023Marsa Plaza - Core 13 beds · Apartment2,325 sq ft⃃ 3,378,000Primary · Ready
17/05/2023Marsa Plaza - Core 12 beds · Apartment2,275 sq ft⃃ 3,112,000Primary · Ready
17/08/2023Marsa Plaza - Core 13 beds · Apartment2,397 sq ft⃃ 3,100,000Primary · Ready
17/07/2023Marsa Plaza - Core 13 beds · Apartment2,304 sq ft⃃ 3,027,000Primary · Ready
06/07/2023Marsa Plaza - Core 13 beds · Apartment2,296 sq ft⃃ 3,020,000Primary · Ready
14/11/2023Marsa Plaza - Core 12 beds · Apartment1,695 sq ft⃃ 2,755,000Primary · Ready
12/12/2023Marsa Plaza - Core 12 beds · Apartment1,651 sq ft⃃ 2,601,000Primary · Ready
29/03/2023Marsa Plaza - Core 12 beds · Apartment2,000 sq ft⃃ 2,565,000Primary · Ready
31/10/2023Marsa Plaza - Core 12 beds · Apartment1,695 sq ft⃃ 2,333,000Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
12/12/2023Marsa Plaza - Core 12 beds · Apartment1,651 sq ft⃃ 2,601,000Primary · Ready
14/11/2023Marsa Plaza - Core 12 beds · Apartment1,695 sq ft⃃ 2,755,000Primary · Ready
31/10/2023Marsa Plaza - Core 12 beds · Apartment1,663 sq ft⃃ 2,238,000Primary · Ready
31/10/2023Marsa Plaza - Core 12 beds · Apartment1,695 sq ft⃃ 2,333,000Primary · Ready
24/08/2023Marsa Plaza - Core 13 beds · Apartment2,500 sq ft⃃ 1,650,000Resale · Ready
17/08/2023Marsa Plaza - Core 13 beds · Apartment2,397 sq ft⃃ 3,100,000Primary · Ready
17/07/2023Marsa Plaza - Core 13 beds · Apartment2,304 sq ft⃃ 3,027,000Primary · Ready
06/07/2023Marsa Plaza - Core 13 beds · Apartment2,296 sq ft⃃ 3,020,000Primary · Ready
13/06/2023Marsa Plaza - Core 13 beds · Apartment2,325 sq ft⃃ 3,378,000Primary · Ready
17/05/2023Marsa Plaza - Core 12 beds · Apartment2,275 sq ft⃃ 3,112,000Primary · 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/marsa-plaza-core-1/2023
Marsa Plaza - Core 1 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/marsa-plaza-core-1/2023

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 Marsa Plaza - Core 1 in 2023?
12 property sales worth ⃃ 33,394,000 were registered in Marsa Plaza - Core 1 in 2023. That is 50.0% higher than 2022.
What was the median property price in Marsa Plaza - Core 1 in 2023?
The median sale price was ⃃ 2,887,500 and the median price per square foot ⃃ 1,357 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Marsa Plaza - Core 1 were off-plan or from developers?
Developer (primary) sales were 91.7% of the 12 sales and resales 8.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/marsa-plaza-core-1/2023