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Building · Transactions · 2023

Med 79 Property Transactions 2023

8 property sales worth ⃃ 3.17M were registered in Med 79 in 2023, unchanged from 2022 by number of sales. The median sale price was ⃃ 395,000 and the median price per square foot ⃃ 664 (+10.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 8 salesUpdated: 14 Nov 2026
Property sales
8
0.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 3.17M
+43.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 395,000
+36.2% vs 2022
8 sales
Median price per sq ft
⃃ 664
+10.9% vs 2022
8 sales

What types of property sold in Med 79 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments8100%⃃ 3.17M⃃ 395,000⃃ 664

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)8100%⃃ 3.17M⃃ 395,000⃃ 664
Ready8100%⃃ 3.17M⃃ 395,000⃃ 664

How many rental contracts were registered in Med 79 in 2023?

72 rental contracts (new and renewed) were registered in Med 79 in 2023, at a median annual rent of ⃃ 35,000 (+25.0% on 2022). Rental yields in Med 79

What were the most expensive property sales in Med 79 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/12/2023Med 791 bed · Apartment883 sq ft⃃ 620,000Resale · Ready
25/07/2023Med 791 bed · Apartment883 sq ft⃃ 520,000Resale · Ready
15/09/2023Med 79Studio · Apartment549 sq ft⃃ 425,000Resale · Ready
18/12/2023Med 79Studio · Apartment493 sq ft⃃ 420,000Resale · Ready
04/08/2023Med 79Studio · Apartment484 sq ft⃃ 370,000Resale · Ready
29/05/2023Med 79Studio · Apartment549 sq ft⃃ 330,000Resale · Ready
26/01/2023Med 79Studio · Apartment527 sq ft⃃ 330,000Resale · Ready
21/03/2023Med 79Studio · Apartment493 sq ft⃃ 150,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Med 791 bed · Apartment883 sq ft⃃ 620,000Resale · Ready
18/12/2023Med 79Studio · Apartment493 sq ft⃃ 420,000Resale · Ready
15/09/2023Med 79Studio · Apartment549 sq ft⃃ 425,000Resale · Ready
04/08/2023Med 79Studio · Apartment484 sq ft⃃ 370,000Resale · Ready
25/07/2023Med 791 bed · Apartment883 sq ft⃃ 520,000Resale · Ready
29/05/2023Med 79Studio · Apartment549 sq ft⃃ 330,000Resale · Ready
21/03/2023Med 79Studio · Apartment493 sq ft⃃ 150,000Resale · Ready
26/01/2023Med 79Studio · Apartment527 sq ft⃃ 330,000Resale · 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/med-79/2023
Med 79 Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/med-79/2023

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 Med 79 in 2023?
8 property sales worth ⃃ 3,165,000 were registered in Med 79 in 2023. That is unchanged from 2022.
What was the median property price in Med 79 in 2023?
The median sale price was ⃃ 395,000 and the median price per square foot ⃃ 664 (1 Jan – 31 Dec 2023).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/med-79/2023