Project · Transactions · 2023

Royale Residence2 Property Transactions 2023

33 property sales worth ⃃ 13.15M were registered in Royale Residence2 in 2023, 57.1% higher than 2022 by number of sales. The median sale price was ⃃ 345,000 and the median price per square foot ⃃ 612 (+10.3% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 33 salesUpdated: 13 Nov 2026
Property sales
33
+57.1% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 13.15M
+91.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 345,000
+30.2% vs 2022
33 sales
Median price per sq ft
⃃ 612
+10.3% vs 2022
33 sales

What types of property sold in Royale Residence2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments33100%⃃ 13.15M⃃ 345,000⃃ 612

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)13%⃃ 360K⃃ 360,000⃃ 818
Resale (secondary)3297%⃃ 12.79M⃃ 342,500⃃ 612
Ready33100%⃃ 13.15M⃃ 345,000⃃ 612

How many rental contracts were registered in Royale Residence2 in 2023?

114 rental contracts (new and renewed) were registered in Royale Residence2 in 2023, at a median annual rent of ⃃ 36,000 (+20.0% on 2022). Rental yields in Royale Residence2

What were the most expensive property sales in Royale Residence2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
10/10/2023Royale Residence22 beds · Apartment2,119 sq ft⃃ 1,250,000Resale · Ready
29/11/2023Royale Residence22 beds · Apartment1,159 sq ft⃃ 720,000Resale · Ready
05/09/2023Royale Residence22 beds · Apartment1,159 sq ft⃃ 685,000Resale · Ready
14/03/2023Royale Residence22 beds · Apartment1,159 sq ft⃃ 640,000Resale · Ready
28/08/2023Royale Residence21 bed · Apartment961 sq ft⃃ 505,000Resale · Ready
21/09/2023Royale Residence21 bed · Apartment961 sq ft⃃ 470,000Resale · Ready
29/05/2023Royale Residence21 bed · Apartment691 sq ft⃃ 455,000Resale · Ready
03/10/2023Royale Residence21 bed · Apartment775 sq ft⃃ 440,000Resale · Ready
25/10/2023Royale Residence21 bed · Apartment776 sq ft⃃ 432,000Resale · Ready
23/08/2023Royale Residence21 bed · Apartment691 sq ft⃃ 430,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
18/12/2023Royale Residence2Studio · Apartment440 sq ft⃃ 360,000Primary · Ready
05/12/2023Royale Residence2Studio · Apartment434 sq ft⃃ 340,000Resale · Ready
29/11/2023Royale Residence22 beds · Apartment1,159 sq ft⃃ 720,000Resale · Ready
21/11/2023Royale Residence2Studio · Apartment433 sq ft⃃ 365,000Resale · Ready
14/11/2023Royale Residence2Studio · Apartment433 sq ft⃃ 320,000Resale · Ready
09/11/2023Royale Residence2Studio · Apartment440 sq ft⃃ 250,000Resale · Ready
09/11/2023Royale Residence2Studio · Apartment440 sq ft⃃ 250,000Resale · Ready
09/11/2023Royale Residence2Studio · Apartment414 sq ft⃃ 200,000Resale · Ready
06/11/2023Royale Residence2Studio · Apartment433 sq ft⃃ 270,000Resale · Ready
25/10/2023Royale Residence2Studio · Apartment433 sq ft⃃ 315,000Resale · 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/royale-residence2/2023
Royale Residence2 Property Transactions 2023. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/royale-residence2/2023

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 Royale Residence2 in 2023?
33 property sales worth ⃃ 13,151,000 were registered in Royale Residence2 in 2023. That is 57.1% higher than 2022.
What was the median property price in Royale Residence2 in 2023?
The median sale price was ⃃ 345,000 and the median price per square foot ⃃ 612 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Royale Residence2 were off-plan or from developers?
Developer (primary) sales were 3% of the 33 sales and resales 97%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/royale-residence2/2023