Project · Transactions · 2023

The Portman Property Transactions 2023

150 property sales worth ⃃ 135.94M were registered in The Portman in 2023, 14900.0% higher than 2022 by number of sales. The median sale price was ⃃ 906,828 and the median price per square foot ⃃ 1,172 (+120.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 150 salesUpdated: 12 Nov 2026
Property sales
150
+14900.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 135.94M
+20813.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 906,828
+39.5% vs 2022
150 sales
Median price per sq ft
⃃ 1,172
+120.1% vs 2022
150 sales

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)14496%⃃ 130.18M⃃ 906,828⃃ 1,172
Resale (secondary)64%⃃ 5.76M⃃ 897,500⃃ 1,149
Off-plan150100%⃃ 135.94M⃃ 906,828⃃ 1,172

How many rental contracts were registered in The Portman in 2023?

1 rental contracts (new and renewed) were registered in The Portman in 2023, at a median annual rent of ⃃ 18,000 (0.0% on 2022). Rental yields in The Portman

What were the most expensive property sales in The Portman in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/06/2023The Portman2 beds · Apartment1,088 sq ft⃃ 1,434,828Primary · Off-plan
06/04/2023The Portman2 beds · Apartment1,092 sq ft⃃ 1,375,828Primary · Off-plan
05/04/2023The Portman2 beds · Apartment1,088 sq ft⃃ 1,355,828Primary · Off-plan
05/07/2023The Portman2 beds · Apartment1,088 sq ft⃃ 1,352,828Primary · Off-plan
29/05/2023The Portman2 beds · Apartment1,088 sq ft⃃ 1,341,828Primary · Off-plan
31/05/2023The Portman2 beds · Apartment1,092 sq ft⃃ 1,331,828Primary · Off-plan
23/03/2023The Portman2 beds · Apartment1,088 sq ft⃃ 1,327,828Primary · Off-plan
12/06/2023The Portman2 beds · Apartment1,088 sq ft⃃ 1,319,828Primary · Off-plan
16/02/2023The Portman2 beds · Apartment1,088 sq ft⃃ 1,309,828Primary · Off-plan
06/04/2023The Portman2 beds · Apartment1,088 sq ft⃃ 1,291,828Primary · Off-plan

What were the last registered sales of 2023?

No transactions on record for this selection.

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-portman/2023
The Portman Property Transactions 2023. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-portman/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 Portman in 2023?
150 property sales worth ⃃ 135,936,583 were registered in The Portman in 2023. That is 14900.0% higher than 2022.
What was the median property price in The Portman in 2023?
The median sale price was ⃃ 906,828 and the median price per square foot ⃃ 1,172 (1 Jan – 31 Dec 2023).
What share of 2023 sales in The Portman were off-plan or from developers?
Developer (primary) sales were 96% of the 150 sales and resales 4%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-portman/2023