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Building · Transactions · 2023

Palace Beach Residence Tower 2 Property Transactions 2023

114 property sales worth ⃃ 388.26M were registered in Palace Beach Residence Tower 2 in 2023, 16.3% higher than 2022 by number of sales. The median sale price was ⃃ 2,654,253 and the median price per square foot ⃃ 3,153 (+7.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 114 salesUpdated: 15 Nov 2026
Property sales
114
+16.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 388.26M
+18.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,654,253
−16.0% vs 2022
114 sales
Median price per sq ft
⃃ 3,153
+7.7% vs 2022
114 sales

What types of property sold in Palace Beach Residence Tower 2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments114100%⃃ 388.26M⃃ 2,654,253⃃ 3,153

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)114100%⃃ 388.26M⃃ 2,654,253⃃ 3,153
Off-plan114100%⃃ 388.26M⃃ 2,654,253⃃ 3,153

What were the most expensive property sales in Palace Beach Residence Tower 2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/05/2023Palace Beach Residence Tower 23 beds · Apartment1,846 sq ft⃃ 8,304,888Resale · Off-plan
12/06/2023Palace Beach Residence Tower 24 beds · Apartment2,579 sq ft⃃ 8,007,888Resale · Off-plan
13/10/2023Palace Beach Residence Tower 24 beds · Apartment2,529 sq ft⃃ 8,000,000Resale · Off-plan
23/05/2023Palace Beach Residence Tower 23 beds · Apartment1,937 sq ft⃃ 7,011,435Resale · Off-plan
25/01/2023Palace Beach Residence Tower 23 beds · Apartment1,846 sq ft⃃ 6,624,890Resale · Off-plan
20/03/2023Palace Beach Residence Tower 23 beds · Apartment2,171 sq ft⃃ 6,425,000Resale · Off-plan
13/10/2023Palace Beach Residence Tower 23 beds · Apartment1,937 sq ft⃃ 6,300,000Resale · Off-plan
01/06/2023Palace Beach Residence Tower 23 beds · Apartment1,846 sq ft⃃ 6,250,000Resale · Off-plan
21/06/2023Palace Beach Residence Tower 23 beds · Apartment1,846 sq ft⃃ 6,000,000Resale · Off-plan
01/12/2023Palace Beach Residence Tower 23 beds · Apartment1,937 sq ft⃃ 5,891,021Resale · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Palace Beach Residence Tower 22 beds · Apartment1,173 sq ft⃃ 3,700,000Resale · Off-plan
27/12/2023Palace Beach Residence Tower 21 bed · Apartment797 sq ft⃃ 2,350,000Resale · Off-plan
14/12/2023Palace Beach Residence Tower 23 beds · Apartment1,937 sq ft⃃ 5,800,000Resale · Off-plan
14/12/2023Palace Beach Residence Tower 21 bed · Apartment795 sq ft⃃ 2,130,000Resale · Off-plan
08/12/2023Palace Beach Residence Tower 21 bed · Apartment737 sq ft⃃ 1,908,762Resale · Off-plan
06/12/2023Palace Beach Residence Tower 22 beds · Apartment1,142 sq ft⃃ 4,400,000Resale · Off-plan
06/12/2023Palace Beach Residence Tower 21 bed · Apartment797 sq ft⃃ 2,200,000Resale · Off-plan
01/12/2023Palace Beach Residence Tower 21 bed · Apartment793 sq ft⃃ 1,941,212Resale · Off-plan
01/12/2023Palace Beach Residence Tower 21 bed · Apartment729 sq ft⃃ 1,913,239Resale · Off-plan
01/12/2023Palace Beach Residence Tower 23 beds · Apartment1,937 sq ft⃃ 5,891,021Resale · 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-2/2023
Palace Beach Residence Tower 2 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/palace-beach-residence-tower-2/2023

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 2 in 2023?
114 property sales worth ⃃ 388,256,712 were registered in Palace Beach Residence Tower 2 in 2023. That is 16.3% higher than 2022.
What was the median property price in Palace Beach Residence Tower 2 in 2023?
The median sale price was ⃃ 2,654,253 and the median price per square foot ⃃ 3,153 (1 Jan – 31 Dec 2023).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/palace-beach-residence-tower-2/2023