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Project · Transactions · 2023

Old Town Island Property Transactions 2023

49 property sales worth ⃃ 153.62M were registered in Old Town Island in 2023, 75.0% higher than 2022 by number of sales. The median sale price was ⃃ 2,900,000 and the median price per square foot ⃃ 1,969 (+11.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 49 salesUpdated: 15 Nov 2026
Property sales
49
+75.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 153.62M
+113.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,900,000
+31.8% vs 2022
49 sales
Median price per sq ft
⃃ 1,969
+11.7% vs 2022
49 sales

What types of property sold in Old Town Island in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments49100%⃃ 153.62M⃃ 2,900,000⃃ 1,969

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
Ready49100%⃃ 153.62M⃃ 2,900,000⃃ 1,969

How many rental contracts were registered in Old Town Island in 2023?

159 rental contracts (new and renewed) were registered in Old Town Island in 2023, at a median annual rent of ⃃ 135,000 (+8.0% on 2022). Rental yields in Old Town Island

What were the most expensive property sales in Old Town Island in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/09/2023Albahar3 beds · Apartment2,579 sq ft⃃ 7,800,000Resale · Ready
17/07/2023Attareen2 beds · Apartment3,794 sq ft⃃ 7,250,000Resale · Ready
02/05/2023Altajer2 beds · Apartment2,732 sq ft⃃ 5,250,000Resale · Ready
14/06/2023Attareen2 beds · Apartment3,909 sq ft⃃ 5,126,034Resale · Ready
22/11/2023Attareen2 beds · Apartment2,028 sq ft⃃ 4,850,000Resale · Ready
23/11/2023Albahar2 beds · Apartment1,465 sq ft⃃ 4,380,000Resale · Ready
20/06/2023Attareen2 beds · Apartment3,169 sq ft⃃ 4,280,446Resale · Ready
04/10/2023Albahar2 beds · Apartment1,832 sq ft⃃ 4,200,000Resale · Ready
04/10/2023Albahar2 beds · Apartment1,840 sq ft⃃ 4,200,000Resale · Ready
30/11/2023Attareen2 beds · Apartment2,101 sq ft⃃ 3,600,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
26/12/2023Altajer1 bed · Apartment1,021 sq ft⃃ 2,080,000Resale · Ready
25/12/2023Altajer1 bed · Apartment1,098 sq ft⃃ 2,280,000Resale · Ready
25/12/2023Altajer1 bed · Apartment1,311 sq ft⃃ 2,410,000Resale · Ready
11/12/2023Altajer2 beds · Apartment2,215 sq ft⃃ 3,600,000Resale · Ready
30/11/2023Attareen2 beds · Apartment2,101 sq ft⃃ 3,600,000Resale · Ready
28/11/2023Altajer1 bed · Apartment1,100 sq ft⃃ 2,100,000Resale · Ready
23/11/2023Albahar2 beds · Apartment1,465 sq ft⃃ 4,380,000Resale · Ready
22/11/2023Attareen2 beds · Apartment2,028 sq ft⃃ 4,850,000Resale · Ready
06/11/2023Altajer1 bed · Apartment1,161 sq ft⃃ 2,300,000Resale · Ready
30/10/2023Altajer2 beds · Apartment1,409 sq ft⃃ 3,500,000Resale · 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/old-town-island/2023
Old Town Island Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/old-town-island/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 Old Town Island in 2023?
49 property sales worth ⃃ 153,623,238 were registered in Old Town Island in 2023. That is 75.0% higher than 2022.
What was the median property price in Old Town Island in 2023?
The median sale price was ⃃ 2,900,000 and the median price per square foot ⃃ 1,969 (1 Jan – 31 Dec 2023).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/old-town-island/2023