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Project · Transactions · 2023

The Lakes Maeen Property Transactions 2023

25 property sales worth ⃃ 143.96M were registered in The Lakes Maeen in 2023, 44.4% lower than 2022 by number of sales. The median sale price was ⃃ 5,800,000 and the median price per square foot ⃃ 1,807 (+23.7% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 25 salesUpdated: 15 Nov 2026
Property sales
25
−44.4% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 143.96M
−34.0% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 5,800,000
+16.2% vs 2022
25 sales
Median price per sq ft
⃃ 1,807
+23.7% vs 2022
25 sales

What types of property sold in The Lakes Maeen in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas1352%⃃ 95.4M⃃ 7,300,000⃃ 1,927

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)14%⃃ 2.12M⃃ 2,119,888⃃ 1,060
Resale (secondary)2496%⃃ 141.84M⃃ 5,875,000⃃ 1,813
Ready25100%⃃ 143.96M⃃ 5,800,000⃃ 1,807

How many rental contracts were registered in The Lakes Maeen in 2023?

21 rental contracts (new and renewed) were registered in The Lakes Maeen in 2023, at a median annual rent of ⃃ 282,975 (+12.9% on 2022). Rental yields in The Lakes Maeen

What were the most expensive property sales in The Lakes Maeen in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/07/2023The Lakes Maeen4 beds · Villa5,500 sq ft⃃ 9,250,000Resale · Ready
19/10/2023The Lakes Maeen5 beds · Villa5,980 sq ft⃃ 8,200,000Resale · Ready
23/01/2023The Lakes Maeen3 beds · Villa5,520 sq ft⃃ 8,200,000Resale · Ready
16/05/2023The Lakes Maeen3 beds · Villa5,750 sq ft⃃ 8,150,000Resale · Ready
24/11/2023The Lakes Maeen5 beds · Villa6,030 sq ft⃃ 7,850,000Resale · Ready
27/04/2023The Lakes Maeen5 beds · Villa5,950 sq ft⃃ 7,500,000Resale · Ready
04/04/2023The Lakes Maeen3 beds · Villa5,895 sq ft⃃ 7,300,000Resale · Ready
19/09/2023The Lakes Maeen3 beds · Villa5,777 sq ft⃃ 7,300,000Resale · Ready
02/08/2023The Lakes Maeen5 beds · Villa5,829 sq ft⃃ 7,000,000Resale · Ready
18/07/2023The Lakes Maeen4 beds · Villa5,868 sq ft⃃ 6,500,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
24/11/2023The Lakes Maeen5 beds · Villa6,030 sq ft⃃ 7,850,000Resale · Ready
21/11/2023The Lakes Maeen3 beds · Townhouse3,675 sq ft⃃ 4,850,000Resale · Ready
15/11/2023The Lakes Maeen3 beds · Townhouse4,483 sq ft⃃ 4,950,000Resale · Ready
26/10/2023The Lakes Maeen3 beds · Townhouse4,339 sq ft⃃ 5,000,000Resale · Ready
19/10/2023The Lakes Maeen5 beds · Villa5,980 sq ft⃃ 8,200,000Resale · Ready
16/10/2023The Lakes Maeen2 beds · Townhouse4,114 sq ft⃃ 2,119,888Primary · Ready
19/09/2023The Lakes Maeen3 beds · Villa5,777 sq ft⃃ 7,300,000Resale · Ready
02/08/2023The Lakes Maeen5 beds · Villa5,829 sq ft⃃ 7,000,000Resale · Ready
31/07/2023The Lakes Maeen4 beds · Villa5,500 sq ft⃃ 9,250,000Resale · Ready
28/07/2023The Lakes Maeen3 beds · Townhouse3,585 sq ft⃃ 4,975,000Resale · 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/the-lakes-maeen/2023
The Lakes Maeen Property Transactions 2023. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-lakes-maeen/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 The Lakes Maeen in 2023?
25 property sales worth ⃃ 143,959,889 were registered in The Lakes Maeen in 2023. That is 44.4% lower than 2022.
What was the median property price in The Lakes Maeen in 2023?
The median sale price was ⃃ 5,800,000 and the median price per square foot ⃃ 1,807 (1 Jan – 31 Dec 2023).
What share of 2023 sales in The Lakes Maeen were off-plan or from developers?
Developer (primary) sales were 4% of the 25 sales and resales 96%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-lakes-maeen/2023