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Building · Transactions · 2023

South Bay 1 Property Transactions 2023

134 property sales worth ⃃ 660.43M were registered in South Bay 1 in 2023, 8.9% higher than 2022 by number of sales. The median sale price was ⃃ 3,400,000 and the median price per square foot ⃃ 830 (+11.2% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 134 salesUpdated: 15 Nov 2026
Property sales
134
+8.9% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 660.43M
+86.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 3,400,000
+17.2% vs 2022
134 sales
Median price per sq ft
⃃ 830
+11.2% vs 2022
134 sales

What types of property sold in South Bay 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas3526.1%⃃ 342.1M⃃ 9,500,000⃃ 891

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)12794.8%⃃ 638.5M⃃ 3,400,000⃃ 831
Resale (secondary)75.2%⃃ 21.93M⃃ 3,150,000⃃ 792
Off-plan134100%⃃ 660.43M⃃ 3,400,000⃃ 830

What were the most expensive property sales in South Bay 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/06/2023South Bay 17 beds · Villa10,761 sq ft⃃ 14,000,000Primary · Off-plan
30/07/2023South Bay 17 beds · Villa10,732 sq ft⃃ 14,000,000Primary · Off-plan
05/06/2023South Bay 17 beds · Villa10,465 sq ft⃃ 14,000,000Primary · Off-plan
30/07/2023South Bay 17 beds · Villa10,679 sq ft⃃ 14,000,000Primary · Off-plan
13/07/2023South Bay 17 beds · Villa11,186 sq ft⃃ 13,800,000Primary · Off-plan
06/06/2023South Bay 17 beds · Villa10,333 sq ft⃃ 13,800,000Primary · Off-plan
09/06/2023South Bay 17 beds · Villa10,333 sq ft⃃ 13,500,000Primary · Off-plan
05/06/2023South Bay 16 beds · Villa8,611 sq ft⃃ 10,800,000Primary · Off-plan
08/06/2023South Bay 16 beds · Villa9,828 sq ft⃃ 10,800,000Primary · Off-plan
30/07/2023South Bay 16 beds · Villa8,611 sq ft⃃ 10,800,000Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023South Bay 13 beds · Townhouse2,099 sq ft⃃ 2,043,000Resale · Off-plan
28/12/2023South Bay 15 beds · Townhouse4,569 sq ft⃃ 4,090,000Resale · Off-plan
01/12/2023South Bay 15 beds · Townhouse5,416 sq ft⃃ 4,100,000Resale · Off-plan
26/11/2023South Bay 15 beds · Villa7,233 sq ft⃃ 7,200,000Primary · Off-plan
26/11/2023South Bay 15 beds · Villa8,458 sq ft⃃ 7,400,000Primary · Off-plan
23/11/2023South Bay 14 beds · Townhouse3,978 sq ft⃃ 3,250,000Resale · Off-plan
25/09/2023South Bay 14 beds · Townhouse3,978 sq ft⃃ 3,000,000Resale · Off-plan
08/09/2023South Bay 15 beds · Townhouse4,219 sq ft⃃ 3,400,000Primary · Off-plan
29/08/2023South Bay 14 beds · Townhouse3,978 sq ft⃃ 3,150,000Resale · Off-plan
25/08/2023South Bay 13 beds · Townhouse2,933 sq ft⃃ 2,300,000Resale · 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/south-bay-1/2023
South Bay 1 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/south-bay-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 South Bay 1 in 2023?
134 property sales worth ⃃ 660,433,000 were registered in South Bay 1 in 2023. That is 8.9% higher than 2022.
What was the median property price in South Bay 1 in 2023?
The median sale price was ⃃ 3,400,000 and the median price per square foot ⃃ 830 (1 Jan – 31 Dec 2023).
What share of 2023 sales in South Bay 1 were off-plan or from developers?
Developer (primary) sales were 94.8% of the 134 sales and resales 5.2%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

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