Project · Transactions · 2023

Persia Cluster Property Transactions 2023

148 property sales worth ⃃ 43.82M were registered in Persia Cluster in 2023, 31.8% lower than 2022 by number of sales. The median sale price was ⃃ 250,000 and the median price per square foot ⃃ 475 (+12.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 148 salesUpdated: 13 Nov 2026
Property sales
148
−31.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 43.82M
−26.2% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 250,000
−3.8% vs 2022
148 sales
Median price per sq ft
⃃ 475
+12.1% vs 2022
148 sales

What types of property sold in Persia Cluster in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments12584.5%⃃ 32.13M⃃ 240,000⃃ 464
Commercial2315.5%⃃ 11.69M⃃ 490,000⃃ 780

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)21.4%⃃ 590K⃃ 295,000⃃ 494
Resale (secondary)14698.6%⃃ 43.23M⃃ 250,000⃃ 475
Ready148100%⃃ 43.82M⃃ 250,000⃃ 475

How many rental contracts were registered in Persia Cluster in 2023?

1,284 rental contracts (new and renewed) were registered in Persia Cluster in 2023, at a median annual rent of ⃃ 27,665 (+10.7% on 2022). Rental yields in Persia Cluster

What were the most expensive property sales in Persia Cluster in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
30/10/2023N02Commercial883 sq ft⃃ 795,000Resale · Ready
19/05/2023N02Commercial883 sq ft⃃ 718,000Resale · Ready
01/06/2023N11Commercial850 sq ft⃃ 713,374Resale · Ready
03/07/2023M04Commercial1,023 sq ft⃃ 650,000Resale · Ready
27/04/2023M-07Commercial635 sq ft⃃ 620,000Resale · Ready
22/03/2023M04Commercial1,023 sq ft⃃ 600,000Resale · Ready
11/04/2023N-09Commercial743 sq ft⃃ 579,314Resale · Ready
11/04/2023N-09Commercial732 sq ft⃃ 570,921Resale · Ready
11/04/2023N-09Commercial732 sq ft⃃ 570,921Resale · Ready
11/04/2023N-09Commercial710 sq ft⃃ 554,128Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023N-15Studio · Apartment474 sq ft⃃ 250,000Resale · Ready
21/12/2023M-03Studio · Apartment474 sq ft⃃ 235,000Resale · Ready
19/12/2023N031 bed · Apartment732 sq ft⃃ 345,000Primary · Ready
13/12/2023N-12Studio · Apartment474 sq ft⃃ 245,000Resale · Ready
07/12/2023M041 bed · Apartment743 sq ft⃃ 335,000Resale · Ready
06/12/2023O-07Commercial463 sq ft⃃ 490,000Resale · Ready
01/12/2023N-13Studio · Apartment474 sq ft⃃ 300,000Resale · Ready
30/11/2023O06Commercial474 sq ft⃃ 460,000Resale · Ready
27/11/2023M-05Studio · Apartment474 sq ft⃃ 240,000Resale · Ready
20/11/2023N04Studio · Apartment474 sq ft⃃ 275,000Resale · 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/persia-cluster/2023
Persia Cluster Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/persia-cluster/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 Persia Cluster in 2023?
148 property sales worth ⃃ 43,817,007 were registered in Persia Cluster in 2023. That is 31.8% lower than 2022.
What was the median property price in Persia Cluster in 2023?
The median sale price was ⃃ 250,000 and the median price per square foot ⃃ 475 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Persia Cluster were off-plan or from developers?
Developer (primary) sales were 1.4% of the 148 sales and resales 98.6%. Primary/resale and off-plan/ready are different splits.

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