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Building · Transactions · 2023

Palace Beach Residence Tower 1 Property Transactions 2023

77 property sales worth ⃃ 246.63M were registered in Palace Beach Residence Tower 1 in 2023, 148.4% higher than 2022 by number of sales. The median sale price was ⃃ 2,561,000 and the median price per square foot ⃃ 3,002 (+15.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 77 salesUpdated: 15 Nov 2026
Property sales
77
+148.4% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 246.63M
+213.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,561,000
+23.4% vs 2022
77 sales
Median price per sq ft
⃃ 3,002
+15.1% vs 2022
77 sales

What types of property sold in Palace Beach Residence Tower 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments77100%⃃ 246.63M⃃ 2,561,000⃃ 3,002

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)77100%⃃ 246.63M⃃ 2,561,000⃃ 3,002

What were the most expensive property sales in Palace Beach Residence Tower 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
21/08/2023Palace Beach Residence Tower 13 beds · Apartment1,918 sq ft⃃ 6,309,999Resale · Off-plan
13/01/2023Palace Beach Residence Tower 13 beds · Apartment1,918 sq ft⃃ 6,200,000Resale · Off-plan
19/12/2023Palace Beach Residence Tower 13 beds · Apartment1,918 sq ft⃃ 5,800,000Resale · Off-plan
17/11/2023Palace Beach Residence Tower 13 beds · Apartment1,918 sq ft⃃ 5,744,000Resale · Off-plan
25/10/2023Palace Beach Residence Tower 13 beds · Apartment1,918 sq ft⃃ 5,744,000Resale · Off-plan
25/10/2023Palace Beach Residence Tower 13 beds · Apartment1,918 sq ft⃃ 5,744,000Resale · Off-plan
25/10/2023Palace Beach Residence Tower 13 beds · Apartment1,918 sq ft⃃ 5,744,000Resale · Off-plan
07/12/2023Palace Beach Residence Tower 13 beds · Apartment1,919 sq ft⃃ 5,450,000Resale · Off-plan
12/06/2023Palace Beach Residence Tower 13 beds · Apartment1,916 sq ft⃃ 5,350,888Resale · Off-plan
05/05/2023Palace Beach Residence Tower 13 beds · Apartment1,919 sq ft⃃ 5,000,000Resale · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
19/12/2023Palace Beach Residence Tower 13 beds · Apartment1,918 sq ft⃃ 5,800,000Resale · Off-plan
15/12/2023Palace Beach Residence Tower 11 bed · Apartment853 sq ft⃃ 2,500,000Resale · Off-plan
07/12/2023Palace Beach Residence Tower 13 beds · Apartment1,919 sq ft⃃ 5,450,000Resale · Off-plan
17/11/2023Palace Beach Residence Tower 11 bed · Apartment726 sq ft⃃ 2,198,000Resale · Off-plan
17/11/2023Palace Beach Residence Tower 12 beds · Apartment1,201 sq ft⃃ 3,587,000Resale · Off-plan
17/11/2023Palace Beach Residence Tower 11 bed · Apartment857 sq ft⃃ 2,561,000Resale · Off-plan
17/11/2023Palace Beach Residence Tower 11 bed · Apartment853 sq ft⃃ 2,558,000Resale · Off-plan
17/11/2023Palace Beach Residence Tower 11 bed · Apartment726 sq ft⃃ 2,198,000Resale · Off-plan
17/11/2023Palace Beach Residence Tower 13 beds · Apartment1,918 sq ft⃃ 5,744,000Resale · Off-plan
17/11/2023Palace Beach Residence Tower 11 bed · Apartment870 sq ft⃃ 2,601,000Resale · Off-plan

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/palace-beach-residence-tower-1/2023
Palace Beach Residence Tower 1 Property Transactions 2023. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/palace-beach-residence-tower-1/2023

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 Palace Beach Residence Tower 1 in 2023?
77 property sales worth ⃃ 246,634,777 were registered in Palace Beach Residence Tower 1 in 2023. That is 148.4% higher than 2022.
What was the median property price in Palace Beach Residence Tower 1 in 2023?
The median sale price was ⃃ 2,561,000 and the median price per square foot ⃃ 3,002 (1 Jan – 31 Dec 2023).

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/palace-beach-residence-tower-1/2023