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Building · Transactions · 2023

Summer 2 Property Transactions 2023

17 property sales worth ⃃ 8.38M were registered in Summer 2 in 2023, 30.8% higher than 2022 by number of sales. The median sale price was ⃃ 430,000 and the median price per square foot ⃃ 653 (+16.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 17 salesUpdated: 14 Nov 2026
Property sales
17
+30.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 8.38M
+46.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 430,000
+22.9% vs 2022
17 sales
Median price per sq ft
⃃ 653
+16.9% vs 2022
17 sales

What types of property sold in Summer 2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments17100%⃃ 8.38M⃃ 430,000⃃ 653

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)17100%⃃ 8.38M⃃ 430,000⃃ 653
Ready17100%⃃ 8.38M⃃ 430,000⃃ 653

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

117 rental contracts (new and renewed) were registered in Summer 2 in 2023, at a median annual rent of ⃃ 41,000 (+7.9% on 2022). Rental yields in Summer 2

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/06/2023Summer 22 beds · Apartment1,256 sq ft⃃ 730,000Resale · Ready
21/08/2023Summer 22 beds · Apartment1,256 sq ft⃃ 700,000Resale · Ready
07/09/2023Summer 22 beds · Apartment1,208 sq ft⃃ 695,000Resale · Ready
15/08/2023Summer 22 beds · Apartment1,347 sq ft⃃ 680,000Resale · Ready
20/07/2023Summer 22 beds · Apartment1,104 sq ft⃃ 620,000Resale · Ready
20/11/2023Summer 21 bed · Apartment675 sq ft⃃ 490,000Resale · Ready
23/08/2023Summer 21 bed · Apartment585 sq ft⃃ 430,000Resale · Ready
12/09/2023Summer 21 bed · Apartment638 sq ft⃃ 430,000Resale · Ready
13/11/2023Summer 21 bed · Apartment596 sq ft⃃ 430,000Resale · Ready
19/04/2023Summer 21 bed · Apartment605 sq ft⃃ 425,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
20/11/2023Summer 21 bed · Apartment675 sq ft⃃ 490,000Resale · Ready
13/11/2023Summer 21 bed · Apartment596 sq ft⃃ 430,000Resale · Ready
22/09/2023Summer 21 bed · Apartment605 sq ft⃃ 405,000Resale · Ready
12/09/2023Summer 21 bed · Apartment638 sq ft⃃ 430,000Resale · Ready
07/09/2023Summer 22 beds · Apartment1,208 sq ft⃃ 695,000Resale · Ready
29/08/2023Summer 21 bed · Apartment582 sq ft⃃ 415,000Resale · Ready
23/08/2023Summer 21 bed · Apartment585 sq ft⃃ 430,000Resale · Ready
21/08/2023Summer 22 beds · Apartment1,239 sq ft⃃ 325,000Resale · Ready
21/08/2023Summer 22 beds · Apartment1,256 sq ft⃃ 700,000Resale · Ready
15/08/2023Summer 22 beds · Apartment1,347 sq ft⃃ 680,000Resale · 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/summer-2/2023
Summer 2 Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/summer-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 Summer 2 in 2023?
17 property sales worth ⃃ 8,375,000 were registered in Summer 2 in 2023. That is 30.8% higher than 2022.
What was the median property price in Summer 2 in 2023?
The median sale price was ⃃ 430,000 and the median price per square foot ⃃ 653 (1 Jan – 31 Dec 2023).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/summer-2/2023