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Project · Transactions · 2023

Sparkle Towers Property Transactions 2023

28 property sales worth ⃃ 52.47M were registered in Sparkle Towers in 2023, 62.2% lower than 2022 by number of sales. The median sale price was ⃃ 1,810,000 and the median price per square foot ⃃ 2,069 (+30.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 28 salesUpdated: 15 Nov 2026
Property sales
28
−62.2% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 52.47M
−63.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,810,000
−3.6% vs 2022
28 sales
Median price per sq ft
⃃ 2,069
+30.0% vs 2022
28 sales

What types of property sold in Sparkle Towers in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2796.4%⃃ 48.27M⃃ 1,790,000⃃ 2,069
Commercial13.6%⃃ 4.2M⃃ 4,200,000⃃ 1,671

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)13.6%⃃ 4.2M⃃ 4,200,000⃃ 1,671
Resale (secondary)2796.4%⃃ 48.27M⃃ 1,790,000⃃ 2,069
Ready28100%⃃ 52.47M⃃ 1,810,000⃃ 2,069

How many rental contracts were registered in Sparkle Towers in 2023?

176 rental contracts (new and renewed) were registered in Sparkle Towers in 2023, at a median annual rent of ⃃ 120,000 (+26.3% on 2022). Rental yields in Sparkle Towers

What were the most expensive property sales in Sparkle Towers in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
12/01/2023Sparkle Tower 3Commercial2,513 sq ft⃃ 4,200,000Primary · Ready
08/11/2023Sparkle Tower 12 beds · Apartment1,474 sq ft⃃ 3,050,000Resale · Ready
20/01/2023Sparkle Tower 12 beds · Apartment1,478 sq ft⃃ 3,050,000Resale · Ready
12/05/2023Sparkle Tower 22 beds · Apartment1,525 sq ft⃃ 2,850,000Resale · Ready
07/06/2023Sparkle Tower 22 beds · Apartment2,123 sq ft⃃ 2,775,250Resale · Ready
27/09/2023Sparkle Tower 12 beds · Apartment1,478 sq ft⃃ 2,600,000Resale · Ready
01/08/2023Sparkle Tower 21 bed · Apartment963 sq ft⃃ 2,100,000Resale · Ready
23/10/2023Sparkle Tower 11 bed · Apartment865 sq ft⃃ 2,000,000Resale · Ready
15/11/2023Sparkle Tower 11 bed · Apartment865 sq ft⃃ 2,000,000Resale · Ready
27/11/2023Sparkle Tower 11 bed · Apartment861 sq ft⃃ 2,000,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
05/12/2023Sparkle Tower 21 bed · Apartment963 sq ft⃃ 1,600,000Resale · Ready
27/11/2023Sparkle Tower 11 bed · Apartment861 sq ft⃃ 2,000,000Resale · Ready
15/11/2023Sparkle Tower 11 bed · Apartment865 sq ft⃃ 2,000,000Resale · Ready
13/11/2023Sparkle Tower 21 bed · Apartment963 sq ft⃃ 1,500,000Resale · Ready
08/11/2023Sparkle Tower 12 beds · Apartment1,474 sq ft⃃ 3,050,000Resale · Ready
25/10/2023Sparkle Tower 11 bed · Apartment862 sq ft⃃ 1,490,000Resale · Ready
23/10/2023Sparkle Tower 11 bed · Apartment865 sq ft⃃ 2,000,000Resale · Ready
05/10/2023Sparkle Tower 11 bed · Apartment865 sq ft⃃ 821,986Resale · Ready
27/09/2023Sparkle Tower 12 beds · Apartment1,478 sq ft⃃ 2,600,000Resale · Ready
01/08/2023Sparkle Tower 21 bed · Apartment963 sq ft⃃ 2,100,000Resale · 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/sparkle-towers/2023
Sparkle Towers Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/sparkle-towers/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 Sparkle Towers in 2023?
28 property sales worth ⃃ 52,469,141 were registered in Sparkle Towers in 2023. That is 62.2% lower than 2022.
What was the median property price in Sparkle Towers in 2023?
The median sale price was ⃃ 1,810,000 and the median price per square foot ⃃ 2,069 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Sparkle Towers were off-plan or from developers?
Developer (primary) sales were 3.6% of the 28 sales and resales 96.4%. Primary/resale and off-plan/ready are different splits.

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