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Project · Transactions · 2023

Platinum Tower Property Transactions 2023

47 property sales worth ⃃ 70.82M were registered in Platinum Tower in 2023, 2.1% lower than 2022 by number of sales. The median sale price was ⃃ 1,480,478 and the median price per square foot ⃃ 1,462 (+21.8% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 47 salesUpdated: 14 Nov 2026
Property sales
47
−2.1% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 70.82M
+12.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,480,478
+19.6% vs 2022
47 sales
Median price per sq ft
⃃ 1,462
+21.8% vs 2022
47 sales

What types of property sold in Platinum Tower in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial47100%⃃ 70.82M⃃ 1,480,478⃃ 1,462

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)47100%⃃ 70.82M⃃ 1,480,478⃃ 1,462
Ready47100%⃃ 70.82M⃃ 1,480,478⃃ 1,462

How many rental contracts were registered in Platinum Tower in 2023?

317 rental contracts (new and renewed) were registered in Platinum Tower in 2023, at a median annual rent of ⃃ 124,000 (+24.0% on 2022). Rental yields in Platinum Tower

What were the most expensive property sales in Platinum Tower in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/02/2023Platinum TowerCommercial1,103 sq ft⃃ 2,767,000Resale · Ready
28/09/2023Platinum TowerCommercial1,151 sq ft⃃ 2,750,000Resale · Ready
14/11/2023Platinum TowerCommercial1,199 sq ft⃃ 2,157,984Resale · Ready
10/01/2023Platinum TowerCommercial790 sq ft⃃ 2,085,000Resale · Ready
10/01/2023Platinum TowerCommercial776 sq ft⃃ 2,050,000Resale · Ready
30/10/2023Platinum TowerCommercial757 sq ft⃃ 1,978,635Resale · Ready
24/05/2023Platinum TowerCommercial1,151 sq ft⃃ 1,957,227Resale · Ready
23/03/2023Platinum TowerCommercial1,199 sq ft⃃ 1,870,000Resale · Ready
09/01/2023Platinum TowerCommercial706 sq ft⃃ 1,865,000Resale · Ready
11/08/2023Platinum TowerCommercial1,221 sq ft⃃ 1,785,447Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
14/11/2023Platinum TowerCommercial1,199 sq ft⃃ 2,157,984Resale · Ready
08/11/2023Platinum TowerCommercial1,058 sq ft⃃ 1,365,000Resale · Ready
30/10/2023Platinum TowerCommercial757 sq ft⃃ 1,978,635Resale · Ready
30/10/2023Platinum TowerCommercial544 sq ft⃃ 1,421,365Resale · Ready
28/09/2023Platinum TowerCommercial1,151 sq ft⃃ 2,750,000Resale · Ready
05/09/2023Platinum TowerCommercial954 sq ft⃃ 1,425,000Resale · Ready
22/08/2023Platinum TowerCommercial607 sq ft⃃ 1,000,000Resale · Ready
17/08/2023Platinum TowerCommercial607 sq ft⃃ 1,034,250Resale · Ready
15/08/2023Platinum TowerCommercial1,151 sq ft⃃ 1,700,000Resale · Ready
15/08/2023Platinum TowerCommercial1,151 sq ft⃃ 1,700,000Resale · 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/platinum-tower/2023
Platinum Tower Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/platinum-tower/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 Platinum Tower in 2023?
47 property sales worth ⃃ 70,815,274 were registered in Platinum Tower in 2023. That is 2.1% lower than 2022.
What was the median property price in Platinum Tower in 2023?
The median sale price was ⃃ 1,480,478 and the median price per square foot ⃃ 1,462 (1 Jan – 31 Dec 2023).

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