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Building · Transactions · 2023

The Onyx - Tower 1 Property Transactions 2023

10 property sales worth ⃃ 19.15M were registered in The Onyx - Tower 1 in 2023, 65.5% lower than 2022 by number of sales. The median sale price was ⃃ 1,925,000 and the median price per square foot ⃃ 1,858 (+68.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 10 salesUpdated: 15 Nov 2026
Property sales
10
−65.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 19.15M
−64.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,925,000
+14.7% vs 2022
10 sales
Median price per sq ft
⃃ 1,858
+68.9% vs 2022
10 sales

What types of property sold in The Onyx - Tower 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial10100%⃃ 19.15M⃃ 1,925,000⃃ 1,858

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)220%⃃ 3.87M⃃ 1,937,138⃃ 2,141
Resale (secondary)880%⃃ 15.28M⃃ 1,789,419⃃ 1,858
Ready10100%⃃ 19.15M⃃ 1,925,000⃃ 1,858

How many rental contracts were registered in The Onyx - Tower 1 in 2023?

128 rental contracts (new and renewed) were registered in The Onyx - Tower 1 in 2023, at a median annual rent of ⃃ 119,662 (+6.7% on 2022). Rental yields in The Onyx - Tower 1

What were the most expensive property sales in The Onyx - Tower 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
27/02/2023The Onyx - Tower 1Commercial2,227 sq ft⃃ 2,977,194Resale · Ready
14/11/2023The Onyx - Tower 1Commercial1,038 sq ft⃃ 2,500,000Resale · Ready
09/10/2023The Onyx - Tower 1Commercial810 sq ft⃃ 2,024,275Primary · Ready
27/04/2023The Onyx - Tower 1Commercial1,038 sq ft⃃ 2,000,000Resale · Ready
27/04/2023The Onyx - Tower 1Commercial810 sq ft⃃ 2,000,000Resale · Ready
28/04/2023The Onyx - Tower 1Commercial1,038 sq ft⃃ 1,850,000Primary · Ready
13/11/2023The Onyx - Tower 1Commercial810 sq ft⃃ 1,578,837Resale · Ready
12/12/2023The Onyx - Tower 1Commercial810 sq ft⃃ 1,450,000Resale · Ready
27/02/2023The Onyx - Tower 1Commercial1,038 sq ft⃃ 1,385,522Resale · Ready
27/02/2023The Onyx - Tower 1Commercial1,038 sq ft⃃ 1,385,522Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
12/12/2023The Onyx - Tower 1Commercial810 sq ft⃃ 1,450,000Resale · Ready
14/11/2023The Onyx - Tower 1Commercial1,038 sq ft⃃ 2,500,000Resale · Ready
13/11/2023The Onyx - Tower 1Commercial810 sq ft⃃ 1,578,837Resale · Ready
09/10/2023The Onyx - Tower 1Commercial810 sq ft⃃ 2,024,275Primary · Ready
28/04/2023The Onyx - Tower 1Commercial1,038 sq ft⃃ 1,850,000Primary · Ready
27/04/2023The Onyx - Tower 1Commercial1,038 sq ft⃃ 2,000,000Resale · Ready
27/04/2023The Onyx - Tower 1Commercial810 sq ft⃃ 2,000,000Resale · Ready
27/02/2023The Onyx - Tower 1Commercial1,038 sq ft⃃ 1,385,522Resale · Ready
27/02/2023The Onyx - Tower 1Commercial1,038 sq ft⃃ 1,385,522Resale · Ready
27/02/2023The Onyx - Tower 1Commercial2,227 sq ft⃃ 2,977,194Resale · 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-onyx-tower-1/2023
The Onyx - Tower 1 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-onyx-tower-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 The Onyx - Tower 1 in 2023?
10 property sales worth ⃃ 19,151,350 were registered in The Onyx - Tower 1 in 2023. That is 65.5% lower than 2022.
What was the median property price in The Onyx - Tower 1 in 2023?
The median sale price was ⃃ 1,925,000 and the median price per square foot ⃃ 1,858 (1 Jan – 31 Dec 2023).
What share of 2023 sales in The Onyx - Tower 1 were off-plan or from developers?
Developer (primary) sales were 20% of the 10 sales and resales 80%. Primary/resale and off-plan/ready are different splits.

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