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Project · Transactions · 2023

Panorama Property Transactions 2023

28 property sales worth ⃃ 70.01M were registered in Panorama in 2023, 40.0% higher than 2022 by number of sales. The median sale price was ⃃ 2,387,500 and the median price per square foot ⃃ 1,458 (+7.4% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 28 salesUpdated: 14 Nov 2026
Property sales
28
+40.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 70.01M
+42.8% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,387,500
−0.5% vs 2022
28 sales
Median price per sq ft
⃃ 1,458
+7.4% vs 2022
28 sales

What types of property sold in Panorama in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments28100%⃃ 70.01M⃃ 2,387,500⃃ 1,458

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)28100%⃃ 70.01M⃃ 2,387,500⃃ 1,458
Ready28100%⃃ 70.01M⃃ 2,387,500⃃ 1,458

How many rental contracts were registered in Panorama in 2023?

138 rental contracts (new and renewed) were registered in Panorama in 2023, at a median annual rent of ⃃ 148,013 (+9.6% on 2022). Rental yields in Panorama

What were the most expensive property sales in Panorama in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
22/05/2023Panorama4 beds · Apartment3,904 sq ft⃃ 5,100,000Resale · Ready
07/12/2023Panorama4 beds · Apartment3,602 sq ft⃃ 4,750,000Resale · Ready
26/09/2023Panorama4 beds · Apartment3,682 sq ft⃃ 4,500,000Resale · Ready
20/11/2023Panorama3 beds · Apartment2,813 sq ft⃃ 4,085,000Resale · Ready
18/07/2023Panorama4 beds · Apartment3,602 sq ft⃃ 3,750,000Resale · Ready
11/10/2023Panorama3 beds · Apartment1,905 sq ft⃃ 3,200,000Resale · Ready
08/03/2023Panorama3 beds · Apartment2,234 sq ft⃃ 3,195,000Resale · Ready
12/10/2023Panorama3 beds · Apartment1,654 sq ft⃃ 3,175,000Resale · Ready
31/05/2023Panorama3 beds · Apartment1,955 sq ft⃃ 3,150,000Resale · Ready
04/04/2023Panorama3 beds · Apartment1,903 sq ft⃃ 3,150,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
07/12/2023Panorama4 beds · Apartment3,602 sq ft⃃ 4,750,000Resale · Ready
20/11/2023Panorama3 beds · Apartment2,813 sq ft⃃ 4,085,000Resale · Ready
15/11/2023Panorama2 beds · Apartment1,341 sq ft⃃ 2,200,000Resale · Ready
10/11/2023Panorama1 bed · Apartment870 sq ft⃃ 1,550,000Resale · Ready
20/10/2023Panorama1 bed · Apartment846 sq ft⃃ 1,150,000Resale · Ready
13/10/2023Panorama2 beds · Apartment1,267 sq ft⃃ 2,375,000Resale · Ready
12/10/2023Panorama3 beds · Apartment1,654 sq ft⃃ 3,175,000Resale · Ready
11/10/2023Panorama3 beds · Apartment1,905 sq ft⃃ 3,200,000Resale · Ready
09/10/2023Panorama1 bed · Apartment846 sq ft⃃ 970,000Resale · Ready
04/10/2023Panorama1 bed · Apartment846 sq ft⃃ 977,888Resale · 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/panorama/2023
Panorama Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/panorama/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 Panorama in 2023?
28 property sales worth ⃃ 70,007,888 were registered in Panorama in 2023. That is 40.0% higher than 2022.
What was the median property price in Panorama in 2023?
The median sale price was ⃃ 2,387,500 and the median price per square foot ⃃ 1,458 (1 Jan – 31 Dec 2023).

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