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Project · Transactions · 2023

Silicon Star 1 Property Transactions 2023

5 property sales worth ⃃ 4.84M were registered in Silicon Star 1 in 2023, 44.4% lower than 2022 by number of sales. The median sale price was ⃃ 970,000 and the median price per square foot ⃃ 635 (+5.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 5 salesUpdated: 15 Nov 2026
Property sales
5
−44.4% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 4.84M
−37.4% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 970,000
+9.0% vs 2022
5 sales
Median price per sq ft
⃃ 635
+5.5% vs 2022
5 sales

What types of property sold in Silicon Star 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5100%⃃ 4.84M⃃ 970,000⃃ 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.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)5100%⃃ 4.84M⃃ 970,000⃃ 635
Ready5100%⃃ 4.84M⃃ 970,000⃃ 635

How many rental contracts were registered in Silicon Star 1 in 2023?

53 rental contracts (new and renewed) were registered in Silicon Star 1 in 2023, at a median annual rent of ⃃ 69,231 (+6.5% on 2022). Rental yields in Silicon Star 1

What were the most expensive property sales in Silicon Star 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/11/2023Silicon Star 12 beds · Apartment1,576 sq ft⃃ 1,000,000Resale · Ready
27/10/2023Silicon Star 12 beds · Apartment1,596 sq ft⃃ 975,000Resale · Ready
02/08/2023Silicon Star 12 beds · Apartment1,649 sq ft⃃ 970,000Resale · Ready
09/02/2023Silicon Star 12 beds · Apartment1,598 sq ft⃃ 950,000Resale · Ready
22/06/2023Silicon Star 12 beds · Apartment1,595 sq ft⃃ 950,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
14/11/2023Silicon Star 12 beds · Apartment1,576 sq ft⃃ 1,000,000Resale · Ready
27/10/2023Silicon Star 12 beds · Apartment1,596 sq ft⃃ 975,000Resale · Ready
02/08/2023Silicon Star 12 beds · Apartment1,649 sq ft⃃ 970,000Resale · Ready
22/06/2023Silicon Star 12 beds · Apartment1,595 sq ft⃃ 950,000Resale · Ready
09/02/2023Silicon Star 12 beds · Apartment1,598 sq ft⃃ 950,000Resale · 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/silicon-star-1/2023
Silicon Star 1 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/silicon-star-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 Silicon Star 1 in 2023?
5 property sales worth ⃃ 4,845,000 were registered in Silicon Star 1 in 2023. That is 44.4% lower than 2022.
What was the median property price in Silicon Star 1 in 2023?
The median sale price was ⃃ 970,000 and the median price per square foot ⃃ 635 (1 Jan – 31 Dec 2023).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/silicon-star-1/2023