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Building · Transactions · 2023

Rahaal 2 Property Transactions 2023

22 property sales worth ⃃ 64.03M were registered in Rahaal 2 in 2023, 55.1% lower than 2022 by number of sales. The median sale price was ⃃ 2,250,000 and the median price per square foot ⃃ 2,689 (+18.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 22 salesUpdated: 14 Nov 2026
Property sales
22
−55.1% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 64.03M
−52.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,250,000
+7.1% vs 2022
22 sales
Median price per sq ft
⃃ 2,689
+18.6% vs 2022
22 sales

What types of property sold in Rahaal 2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments22100%⃃ 64.03M⃃ 2,250,000⃃ 2,689

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)14.5%⃃ 2.15M⃃ 2,150,000⃃ 2,581
Resale (secondary)2195.5%⃃ 61.88M⃃ 2,250,000⃃ 2,691
Ready22100%⃃ 64.03M⃃ 2,250,000⃃ 2,689

How many rental contracts were registered in Rahaal 2 in 2023?

47 rental contracts (new and renewed) were registered in Rahaal 2 in 2023, at a median annual rent of ⃃ 140,000 (0.0% on 2022). Rental yields in Rahaal 2

What were the most expensive property sales in Rahaal 2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
13/12/2023Rahaal 24 beds · Apartment2,785 sq ft⃃ 8,000,000Resale · Ready
26/06/2023Rahaal 23 beds · Apartment1,936 sq ft⃃ 7,225,000Resale · Ready
13/03/2023Rahaal 22 beds · Apartment1,532 sq ft⃃ 4,500,000Resale · Ready
08/05/2023Rahaal 22 beds · Apartment2,442 sq ft⃃ 4,400,000Resale · Ready
10/05/2023Rahaal 22 beds · Apartment1,166 sq ft⃃ 4,050,000Resale · Ready
24/03/2023Rahaal 22 beds · Apartment1,164 sq ft⃃ 3,600,000Resale · Ready
08/09/2023Rahaal 21 bed · Apartment819 sq ft⃃ 2,559,000Resale · Ready
02/11/2023Rahaal 21 bed · Apartment842 sq ft⃃ 2,340,000Resale · Ready
25/10/2023Rahaal 21 bed · Apartment832 sq ft⃃ 2,295,000Resale · Ready
17/04/2023Rahaal 21 bed · Apartment836 sq ft⃃ 2,250,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
27/12/2023Rahaal 21 bed · Apartment806 sq ft⃃ 2,250,000Resale · Ready
13/12/2023Rahaal 24 beds · Apartment2,785 sq ft⃃ 8,000,000Resale · Ready
02/11/2023Rahaal 21 bed · Apartment842 sq ft⃃ 2,340,000Resale · Ready
25/10/2023Rahaal 21 bed · Apartment832 sq ft⃃ 2,295,000Resale · Ready
25/09/2023Rahaal 21 bed · Apartment823 sq ft⃃ 1,395,000Resale · Ready
08/09/2023Rahaal 21 bed · Apartment819 sq ft⃃ 2,559,000Resale · Ready
26/06/2023Rahaal 23 beds · Apartment1,936 sq ft⃃ 7,225,000Resale · Ready
21/06/2023Rahaal 21 bed · Apartment836 sq ft⃃ 2,250,000Resale · Ready
02/06/2023Rahaal 21 bed · Apartment819 sq ft⃃ 2,200,000Resale · Ready
17/05/2023Rahaal 21 bed · Apartment833 sq ft⃃ 2,150,000Primary · 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/rahaal-2/2023
Rahaal 2 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/rahaal-2/2023

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 Rahaal 2 in 2023?
22 property sales worth ⃃ 64,030,003 were registered in Rahaal 2 in 2023. That is 55.1% lower than 2022.
What was the median property price in Rahaal 2 in 2023?
The median sale price was ⃃ 2,250,000 and the median price per square foot ⃃ 2,689 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Rahaal 2 were off-plan or from developers?
Developer (primary) sales were 4.5% of the 22 sales and resales 95.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/rahaal-2/2023