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Area · Transactions · 2023

Nad Al Sheba Third Property Transactions 2023

44 property sales worth ⃃ 155.87M were registered in Nad Al Sheba Third in 2023, 61.7% lower than 2022 by number of sales. The median sale price was ⃃ 3,500,000 and the median price per square foot ⃃ 693 (+22.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 44 salesUpdated: 15 Nov 2026
Property sales
44
−61.7% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 155.87M
−57.2% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 3,500,000
+19.5% vs 2022
44 sales
Median price per sq ft
⃃ 693
+22.5% vs 2022
44 sales

What types of property sold in Nad Al Sheba Third in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas12.3%⃃ 3.49M⃃ 3,488,800⃃ 691

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)613.6%⃃ 23.48M⃃ 3,673,800⃃ 726
Resale (secondary)3886.4%⃃ 132.39M⃃ 3,500,000⃃ 693
Ready44100%⃃ 155.87M⃃ 3,500,000⃃ 693

How many rental contracts were registered in Nad Al Sheba Third in 2023?

932 rental contracts (new and renewed) were registered in Nad Al Sheba Third in 2023, at a median annual rent of ⃃ 155,250 (+10.9% on 2022).

What were the most expensive property sales in Nad Al Sheba Third in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/01/2023Nad Al Sheba ThirdPlot17,000 sq ft⃃ 5,500,000Primary · Ready
12/07/2023Nad Al Sheba VillasPlot6,693 sq ft⃃ 4,500,000Resale · Ready
28/09/2023Nad Al Sheba VillasPlot5,035 sq ft⃃ 4,180,000Resale · Ready
18/04/2023Nad Al Sheba VillasPlot6,367 sq ft⃃ 4,100,000Resale · Ready
07/08/2023Nad Al Sheba VillasPlot4,970 sq ft⃃ 4,000,000Resale · Ready
22/12/2023Nad Al Sheba VillasPlot5,053 sq ft⃃ 3,900,000Resale · Ready
07/09/2023Nad Al Sheba VillasPlot5,042 sq ft⃃ 3,900,000Resale · Ready
14/07/2023Nad Al Sheba VillasPlot5,044 sq ft⃃ 3,800,000Resale · Ready
25/10/2023Nad Al Sheba VillasPlot5,042 sq ft⃃ 3,800,000Resale · Ready
21/08/2023Nad Al Sheba VillasPlot5,049 sq ft⃃ 3,750,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
22/12/2023Nad Al Sheba VillasPlot5,053 sq ft⃃ 3,900,000Resale · Ready
08/12/2023Nad Al Sheba VillasPlot5,044 sq ft⃃ 2,200,000Resale · Ready
16/11/2023Nad Al Sheba VillasPlot5,041 sq ft⃃ 3,658,800Primary · Ready
15/11/2023Nad Al Sheba VillasPlot5,041 sq ft⃃ 3,658,800Primary · Ready
15/11/2023Nad Al Sheba VillasPlot5,045 sq ft⃃ 3,688,800Primary · Ready
15/11/2023Sold Without Project For NakheelVilla5,047 sq ft⃃ 3,488,800Resale · Ready
09/11/2023Nad Al Sheba VillasPlot5,058 sq ft⃃ 3,650,000Resale · Ready
07/11/2023Nad Al Sheba VillasPlot5,048 sq ft⃃ 3,500,000Resale · Ready
01/11/2023Nad Al Sheba VillasPlot5,051 sq ft⃃ 3,650,000Resale · Ready
30/10/2023Nad Al Sheba VillasPlot5,047 sq ft⃃ 3,750,000Resale · 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/nad-al-sheba-third/2023
Nad Al Sheba Third Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/nad-al-sheba-third/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 Nad Al Sheba Third in 2023?
44 property sales worth ⃃ 155,872,000 were registered in Nad Al Sheba Third in 2023. That is 61.7% lower than 2022.
What was the median property price in Nad Al Sheba Third in 2023?
The median sale price was ⃃ 3,500,000 and the median price per square foot ⃃ 693 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Nad Al Sheba Third were off-plan or from developers?
Developer (primary) sales were 13.6% of the 44 sales and resales 86.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/nad-al-sheba-third/2023