Project · Transactions · 2023

O2 Residences Property Transactions 2023

27 property sales worth ⃃ 37.91M were registered in O2 Residences in 2023, 58.8% higher than 2022 by number of sales. The median sale price was ⃃ 1,020,000 and the median price per square foot ⃃ 1,013 (+9.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 27 salesUpdated: 13 Nov 2026
Property sales
27
+58.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 37.91M
+114.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,020,000
+18.6% vs 2022
27 sales
Median price per sq ft
⃃ 1,013
+9.5% vs 2022
27 sales

What types of property sold in O2 Residences in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2592.6%⃃ 30.81M⃃ 1,000,000⃃ 1,013
Commercial27.4%⃃ 7.1M⃃ 3,550,000⃃ 1,567

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)725.9%⃃ 10.26M⃃ 1,247,848⃃ 859
Resale (secondary)2074.1%⃃ 27.66M⃃ 1,010,000⃃ 1,073
Ready27100%⃃ 37.91M⃃ 1,020,000⃃ 1,013

How many rental contracts were registered in O2 Residences in 2023?

266 rental contracts (new and renewed) were registered in O2 Residences in 2023, at a median annual rent of ⃃ 75,000 (+25.0% on 2022). Rental yields in O2 Residences

What were the most expensive property sales in O2 Residences in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/02/2023O2 ResidencesCommercial2,247 sq ft⃃ 3,550,000Primary · Ready
07/02/2023O2 ResidencesCommercial2,284 sq ft⃃ 3,550,000Resale · Ready
30/03/2023O2 Residences4 beds · Apartment3,942 sq ft⃃ 3,427,047Resale · Ready
07/12/2023O2 Residences3 beds · Apartment1,971 sq ft⃃ 2,120,000Resale · Ready
24/01/2023O2 Residences2 beds · Apartment1,524 sq ft⃃ 2,050,000Resale · Ready
14/12/2023O2 Residences3 beds · Apartment2,213 sq ft⃃ 1,900,000Primary · Ready
04/05/2023O2 Residences3 beds · Apartment1,975 sq ft⃃ 1,887,000Resale · Ready
10/08/2023O2 Residences2 beds · Apartment1,523 sq ft⃃ 1,690,000Resale · Ready
09/10/2023O2 Residences2 beds · Apartment1,523 sq ft⃃ 1,250,000Primary · Ready
07/12/2023O2 Residences2 beds · Apartment1,523 sq ft⃃ 1,247,848Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023O2 Residences1 bed · Apartment857 sq ft⃃ 1,075,000Resale · Ready
15/12/2023O2 Residences1 bed · Apartment790 sq ft⃃ 1,050,000Resale · Ready
14/12/2023O2 Residences1 bed · Apartment857 sq ft⃃ 777,000Primary · Ready
14/12/2023O2 Residences3 beds · Apartment2,213 sq ft⃃ 1,900,000Primary · Ready
07/12/2023O2 Residences3 beds · Apartment1,971 sq ft⃃ 2,120,000Resale · Ready
07/12/2023O2 Residences2 beds · Apartment1,523 sq ft⃃ 1,247,848Primary · Ready
27/11/2023O2 Residences1 bed · Apartment940 sq ft⃃ 776,216Primary · Ready
09/10/2023O2 Residences2 beds · Apartment1,523 sq ft⃃ 1,250,000Primary · Ready
27/09/2023O2 ResidencesStudio · Apartment576 sq ft⃃ 730,000Resale · Ready
14/09/2023O2 Residences1 bed · Apartment962 sq ft⃃ 1,030,000Resale · 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/o2-residences/2023
O2 Residences Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/o2-residences/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 O2 Residences in 2023?
27 property sales worth ⃃ 37,912,691 were registered in O2 Residences in 2023. That is 58.8% higher than 2022.
What was the median property price in O2 Residences in 2023?
The median sale price was ⃃ 1,020,000 and the median price per square foot ⃃ 1,013 (1 Jan – 31 Dec 2023).
What share of 2023 sales in O2 Residences were off-plan or from developers?
Developer (primary) sales were 25.9% of the 27 sales and resales 74.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/o2-residences/2023