Project · Transactions · 2023

Portofino Property Transactions 2023

20 property sales worth ⃃ 44.06M were registered in Portofino in 2023, 11.1% higher than 2022 by number of sales. The median sale price was ⃃ 2,035,250 and the median price per square foot ⃃ 2,868 (+12.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 20 salesUpdated: 13 Nov 2026
Property sales
20
+11.1% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 44.06M
+39.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,035,250
+13.1% vs 2022
20 sales
Median price per sq ft
⃃ 2,868
+12.6% vs 2022
20 sales

What types of property sold in Portofino in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1995%⃃ 39.73M⃃ 2,035,250⃃ 2,872
Commercial15%⃃ 4.33M⃃ 4,326,290⃃ 219

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)15%⃃ 2.15M⃃ 2,150,000⃃ 3,638
Off-plan20100%⃃ 44.06M⃃ 2,035,250⃃ 2,868

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
13/11/2023PortofinoCommercial19,753 sq ft⃃ 4,326,290Primary · Off-plan
05/06/2023PortofinoStudio · Apartment678 sq ft⃃ 2,886,050Primary · Off-plan
30/08/2023PortofinoStudio · Apartment678 sq ft⃃ 2,520,000Primary · Off-plan
03/08/2023PortofinoStudio · Apartment818 sq ft⃃ 2,200,000Primary · Off-plan
03/08/2023PortofinoStudio · Apartment766 sq ft⃃ 2,200,000Primary · Off-plan
30/05/2023PortofinoStudio · Apartment768 sq ft⃃ 2,200,000Primary · Off-plan
14/09/2023PortofinoStudio · Apartment591 sq ft⃃ 2,150,000Resale · Off-plan
14/07/2023PortofinoStudio · Apartment591 sq ft⃃ 2,150,000Primary · Off-plan
30/05/2023PortofinoStudio · Apartment855 sq ft⃃ 2,100,000Primary · Off-plan
18/09/2023PortofinoStudio · Apartment678 sq ft⃃ 2,035,250Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
13/11/2023PortofinoCommercial19,753 sq ft⃃ 4,326,290Primary · Off-plan
05/11/2023PortofinoStudio · Apartment766 sq ft⃃ 2,000,000Primary · Off-plan
31/10/2023PortofinoStudio · Apartment852 sq ft⃃ 1,800,000Primary · Off-plan
03/10/2023PortofinoStudio · Apartment591 sq ft⃃ 1,800,000Primary · Off-plan
18/09/2023PortofinoStudio · Apartment678 sq ft⃃ 2,035,250Primary · Off-plan
18/09/2023PortofinoStudio · Apartment678 sq ft⃃ 2,035,250Primary · Off-plan
18/09/2023PortofinoStudio · Apartment681 sq ft⃃ 2,035,250Primary · Off-plan
18/09/2023PortofinoStudio · Apartment591 sq ft⃃ 2,035,250Primary · Off-plan
14/09/2023PortofinoStudio · Apartment591 sq ft⃃ 2,150,000Resale · Off-plan
30/08/2023PortofinoStudio · Apartment678 sq ft⃃ 2,520,000Primary · Off-plan

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/portofino/2023
Portofino Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/portofino/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 Portofino in 2023?
20 property sales worth ⃃ 44,058,590 were registered in Portofino in 2023. That is 11.1% higher than 2022.
What was the median property price in Portofino in 2023?
The median sale price was ⃃ 2,035,250 and the median price per square foot ⃃ 2,868 (1 Jan – 31 Dec 2023).

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