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Building · Transactions · 2023

Plaza Residences 1 Property Transactions 2023

19 property sales worth ⃃ 11.77M were registered in Plaza Residences 1 in 2023, 111.1% higher than 2022 by number of sales. The median sale price was ⃃ 550,000 and the median price per square foot ⃃ 635 (+3.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 19 salesUpdated: 15 Nov 2026
Property sales
19
+111.1% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 11.77M
+124.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 550,000
+14.6% vs 2022
19 sales
Median price per sq ft
⃃ 635
+3.0% vs 2022
19 sales

What types of property sold in Plaza Residences 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments19100%⃃ 11.77M⃃ 550,000⃃ 635

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.

No transactions on record for this selection.

How many rental contracts were registered in Plaza Residences 1 in 2023?

69 rental contracts (new and renewed) were registered in Plaza Residences 1 in 2023, at a median annual rent of ⃃ 50,000 (+16.3% on 2022). Rental yields in Plaza Residences 1

What were the most expensive property sales in Plaza Residences 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/07/2023Plaza Residences 13 beds · Apartment1,915 sq ft⃃ 1,190,000Resale · Ready
11/10/2023Plaza Residences 12 beds · Apartment1,439 sq ft⃃ 1,150,000Resale · Ready
31/08/2023Plaza Residences 12 beds · Apartment1,986 sq ft⃃ 1,015,000Resale · Ready
21/12/2023Plaza Residences 12 beds · Apartment1,576 sq ft⃃ 1,000,000Resale · Ready
15/12/2023Plaza Residences 12 beds · Apartment1,503 sq ft⃃ 925,000Resale · Ready
19/12/2023Plaza Residences 1Studio · Apartment820 sq ft⃃ 675,000Resale · Ready
25/05/2023Plaza Residences 11 bed · Apartment976 sq ft⃃ 600,000Resale · Ready
23/03/2023Plaza Residences 11 bed · Apartment902 sq ft⃃ 600,000Resale · Ready
24/10/2023Plaza Residences 11 bed · Apartment771 sq ft⃃ 580,000Resale · Ready
25/07/2023Plaza Residences 11 bed · Apartment932 sq ft⃃ 550,000Resale · Ready

What were the last registered sales of 2023?

No transactions on record for this selection.

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/plaza-residences-1/2023
Plaza Residences 1 Property Transactions 2023. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/plaza-residences-1/2023

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 Plaza Residences 1 in 2023?
19 property sales worth ⃃ 11,770,204 were registered in Plaza Residences 1 in 2023. That is 111.1% higher than 2022.
What was the median property price in Plaza Residences 1 in 2023?
The median sale price was ⃃ 550,000 and the median price per square foot ⃃ 635 (1 Jan – 31 Dec 2023).

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/plaza-residences-1/2023