Skip to content

Project · Transactions · 2023

Park Ridge Property Transactions 2023

191 property sales worth ⃃ 357.26M were registered in Park Ridge in 2023, 49.7% lower than 2022 by number of sales. The median sale price was ⃃ 1,800,000 and the median price per square foot ⃃ 1,962 (+18.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 191 salesUpdated: 13 Nov 2026
Property sales
191
−49.7% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 357.26M
−42.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,800,000
+17.0% vs 2022
191 sales
Median price per sq ft
⃃ 1,962
+18.1% vs 2022
191 sales

What types of property sold in Park Ridge in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments191100%⃃ 357.26M⃃ 1,800,000⃃ 1,962

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)31.6%⃃ 7.63M⃃ 2,365,888⃃ 1,714
Resale (secondary)18898.4%⃃ 349.63M⃃ 1,800,000⃃ 1,966
Ready191100%⃃ 357.26M⃃ 1,800,000⃃ 1,962

How many rental contracts were registered in Park Ridge in 2023?

652 rental contracts (new and renewed) were registered in Park Ridge in 2023, at a median annual rent of ⃃ 100,000 (+17.6% on 2022). Rental yields in Park Ridge

What were the most expensive property sales in Park Ridge in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
13/06/2023Executive Residences 13 beds · Apartment2,492 sq ft⃃ 4,250,000Resale · Ready
27/12/2023Park Ridge Tower C3 beds · Apartment2,881 sq ft⃃ 4,150,000Resale · Ready
03/02/2023Executive Residences 23 beds · Apartment2,793 sq ft⃃ 4,143,039Primary · Ready
18/04/2023Park Ridge Tower C3 beds · Apartment2,229 sq ft⃃ 4,000,000Resale · Ready
23/02/2023Executive Residences 13 beds · Apartment3,115 sq ft⃃ 4,000,000Resale · Ready
12/10/2023Executive Residences 13 beds · Apartment2,777 sq ft⃃ 4,000,000Resale · Ready
19/10/2023Executive Residences 23 beds · Apartment2,628 sq ft⃃ 3,850,000Resale · Ready
13/02/2023Park Ridge Tower C3 beds · Apartment2,881 sq ft⃃ 3,830,000Resale · Ready
24/10/2023Executive Residences 23 beds · Apartment1,580 sq ft⃃ 3,650,000Resale · Ready
28/09/2023Executive Residences 23 beds · Apartment2,832 sq ft⃃ 3,600,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Park Ridge Tower C2 beds · Apartment983 sq ft⃃ 2,188,000Resale · Ready
27/12/2023Park Ridge Tower C2 beds · Apartment988 sq ft⃃ 2,325,000Resale · Ready
27/12/2023Park Ridge Tower C1 bed · Apartment642 sq ft⃃ 1,330,000Resale · Ready
27/12/2023Park Ridge Tower C3 beds · Apartment2,881 sq ft⃃ 4,150,000Resale · Ready
26/12/2023Park Ridge Tower C2 beds · Apartment991 sq ft⃃ 2,060,000Resale · Ready
22/12/2023Executive Residences 22 beds · Apartment990 sq ft⃃ 2,500,000Resale · Ready
20/12/2023Executive Residences 22 beds · Apartment989 sq ft⃃ 2,075,000Resale · Ready
14/12/2023Park Ridge Tower C2 beds · Apartment986 sq ft⃃ 2,000,000Resale · Ready
12/12/2023Executive Residences 22 beds · Apartment992 sq ft⃃ 2,450,000Resale · Ready
12/12/2023Park Ridge Tower C2 beds · Apartment995 sq ft⃃ 1,650,000Resale · 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/park-ridge/2023
Park Ridge Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/park-ridge/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 Park Ridge in 2023?
191 property sales worth ⃃ 357,263,061 were registered in Park Ridge in 2023. That is 49.7% lower than 2022.
What was the median property price in Park Ridge in 2023?
The median sale price was ⃃ 1,800,000 and the median price per square foot ⃃ 1,962 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Park Ridge were off-plan or from developers?
Developer (primary) sales were 1.6% of the 191 sales and resales 98.4%. Primary/resale and off-plan/ready are different splits.

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