Skip to content

Building · Transactions · 2023

Taraf 2 Residence Property Transactions 2023

46 property sales worth ⃃ 49.05M were registered in Taraf 2 Residence in 2023, 13.2% lower than 2022 by number of sales. The median sale price was ⃃ 1,040,000 and the median price per square foot ⃃ 965 (+3.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 46 salesUpdated: 14 Nov 2026
Property sales
46
−13.2% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 49.05M
−5.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,040,000
+9.5% vs 2022
46 sales
Median price per sq ft
⃃ 965
+3.1% vs 2022
46 sales

What types of property sold in Taraf 2 Residence in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments46100%⃃ 49.05M⃃ 1,040,000⃃ 965

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)4189.1%⃃ 42.85M⃃ 1,020,000⃃ 958
Resale (secondary)510.9%⃃ 6.2M⃃ 1,150,000⃃ 1,157
Off-plan36.5%⃃ 2.74M⃃ 900,000⃃ 953
Ready4393.5%⃃ 46.31M⃃ 1,040,000⃃ 965

How many rental contracts were registered in Taraf 2 Residence in 2023?

35 rental contracts (new and renewed) were registered in Taraf 2 Residence in 2023, at a median annual rent of ⃃ 80,000. Rental yields in Taraf 2 Residence

What were the most expensive property sales in Taraf 2 Residence in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/02/2023Taraf 2 Residence2 beds · Apartment1,505 sq ft⃃ 1,650,000Resale · Ready
20/02/2023Taraf 2 Residence2 beds · Apartment1,604 sq ft⃃ 1,650,000Primary · Ready
06/04/2023Taraf 2 Residence2 beds · Apartment1,531 sq ft⃃ 1,390,000Primary · Ready
25/04/2023Taraf 2 Residence2 beds · Apartment1,531 sq ft⃃ 1,390,000Primary · Ready
06/04/2023Taraf 2 Residence2 beds · Apartment1,574 sq ft⃃ 1,390,000Primary · Ready
06/04/2023Taraf 2 Residence2 beds · Apartment1,531 sq ft⃃ 1,390,000Primary · Ready
05/04/2023Taraf 2 Residence2 beds · Apartment1,675 sq ft⃃ 1,390,000Primary · Ready
13/02/2023Taraf 2 Residence2 beds · Apartment1,407 sq ft⃃ 1,250,000Resale · Ready
03/04/2023Taraf 2 Residence1 bed · Apartment993 sq ft⃃ 1,150,000Resale · Ready
23/02/2023Taraf 2 Residence1 bed · Apartment994 sq ft⃃ 1,150,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
20/11/2023Taraf 2 Residence1 bed · Apartment823 sq ft⃃ 1,000,000Resale · Ready
19/10/2023Taraf 2 Residence1 bed · Apartment979 sq ft⃃ 970,000Primary · Ready
12/10/2023Taraf 2 Residence1 bed · Apartment1,078 sq ft⃃ 1,040,000Primary · Ready
12/10/2023Taraf 2 Residence1 bed · Apartment919 sq ft⃃ 950,000Primary · Ready
12/10/2023Taraf 2 Residence1 bed · Apartment979 sq ft⃃ 970,000Primary · Ready
12/10/2023Taraf 2 Residence1 bed · Apartment1,162 sq ft⃃ 1,070,000Primary · Ready
12/10/2023Taraf 2 Residence1 bed · Apartment1,078 sq ft⃃ 1,040,000Primary · Ready
12/10/2023Taraf 2 Residence1 bed · Apartment979 sq ft⃃ 970,000Primary · Ready
11/10/2023Taraf 2 Residence1 bed · Apartment1,162 sq ft⃃ 1,080,000Primary · Ready
11/10/2023Taraf 2 Residence1 bed · Apartment1,115 sq ft⃃ 1,050,000Primary · 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/taraf-2-residence/2023
Taraf 2 Residence Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/taraf-2-residence/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 Taraf 2 Residence in 2023?
46 property sales worth ⃃ 49,050,000 were registered in Taraf 2 Residence in 2023. That is 13.2% lower than 2022.
What was the median property price in Taraf 2 Residence in 2023?
The median sale price was ⃃ 1,040,000 and the median price per square foot ⃃ 965 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Taraf 2 Residence were off-plan or from developers?
Developer (primary) sales were 89.1% of the 46 sales and resales 10.9%. Off-plan units made up 6.5% and ready units 93.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/taraf-2-residence/2023