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Building · Transactions · 2023

Mediterranean Property Transactions 2023

21 property sales worth ⃃ 11.52M were registered in Mediterranean in 2023, 90.9% higher than 2022 by number of sales. The median sale price was ⃃ 500,000 and the median price per square foot ⃃ 593 (+13.8% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 21 salesUpdated: 14 Nov 2026
Property sales
21
+90.9% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 11.52M
+62.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 500,000
0.0% vs 2022
21 sales
Median price per sq ft
⃃ 593
+13.8% vs 2022
21 sales

What types of property sold in Mediterranean in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments21100%⃃ 11.52M⃃ 500,000⃃ 593

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)21100%⃃ 11.52M⃃ 500,000⃃ 593
Ready21100%⃃ 11.52M⃃ 500,000⃃ 593

How many rental contracts were registered in Mediterranean in 2023?

108 rental contracts (new and renewed) were registered in Mediterranean in 2023, at a median annual rent of ⃃ 50,000 (+19.0% on 2022). Rental yields in Mediterranean

What were the most expensive property sales in Mediterranean in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/08/2023Mediterranean3 beds · Apartment2,097 sq ft⃃ 1,225,000Resale · Ready
18/12/2023Mediterranean2 beds · Apartment1,800 sq ft⃃ 1,115,000Resale · Ready
25/10/2023Mediterranean1 bed · Apartment815 sq ft⃃ 590,000Resale · Ready
06/12/2023Mediterranean1 bed · Apartment768 sq ft⃃ 570,000Resale · Ready
26/10/2023Mediterranean1 bed · Apartment971 sq ft⃃ 560,000Resale · Ready
23/08/2023Mediterranean1 bed · Apartment927 sq ft⃃ 550,000Resale · Ready
10/02/2023Mediterranean1 bed · Apartment924 sq ft⃃ 545,000Resale · Ready
01/06/2023Mediterranean1 bed · Apartment1,110 sq ft⃃ 530,000Resale · Ready
11/04/2023Mediterranean1 bed · Apartment815 sq ft⃃ 520,000Resale · Ready
31/03/2023Mediterranean1 bed · Apartment924 sq ft⃃ 520,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023MediterraneanStudio · Apartment745 sq ft⃃ 480,000Resale · Ready
19/12/2023MediterraneanStudio · Apartment581 sq ft⃃ 440,000Resale · Ready
18/12/2023Mediterranean2 beds · Apartment1,800 sq ft⃃ 1,115,000Resale · Ready
06/12/2023Mediterranean1 bed · Apartment768 sq ft⃃ 570,000Resale · Ready
09/11/2023MediterraneanStudio · Apartment787 sq ft⃃ 459,953Resale · Ready
31/10/2023Mediterranean1 bed · Apartment768 sq ft⃃ 499,000Resale · Ready
26/10/2023Mediterranean1 bed · Apartment728 sq ft⃃ 400,000Resale · Ready
26/10/2023Mediterranean1 bed · Apartment971 sq ft⃃ 560,000Resale · Ready
25/10/2023Mediterranean1 bed · Apartment815 sq ft⃃ 590,000Resale · Ready
30/08/2023Mediterranean1 bed · Apartment768 sq ft⃃ 500,000Resale · 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/mediterranean/2023
Mediterranean Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/mediterranean/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 Mediterranean in 2023?
21 property sales worth ⃃ 11,518,953 were registered in Mediterranean in 2023. That is 90.9% higher than 2022.
What was the median property price in Mediterranean in 2023?
The median sale price was ⃃ 500,000 and the median price per square foot ⃃ 593 (1 Jan – 31 Dec 2023).

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