Area · Transactions · 2023

Trade Center First Property Transactions 2023

15 property sales worth ⃃ 545.5M were registered in Trade Center First in 2023, 6.3% lower than 2022 by number of sales. The median sale price was ⃃ 4,350,000 and the median price per square foot ⃃ 1,816 (+26.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 15 salesUpdated: 13 Nov 2026
Property sales
15
−6.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 545.5M
+1292.5% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 4,350,000
+94.2% vs 2022
15 sales
Median price per sq ft
⃃ 1,816
+26.9% vs 2022
15 sales

What types of property sold in Trade Center First in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial1280%⃃ 45.4M⃃ 3,572,500⃃ 1,847

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)16.7%⃃ 50M⃃ 50,000,000⃃ 728
Resale (secondary)1493.3%⃃ 495.5M⃃ 3,572,500⃃ 1,847
Ready15100%⃃ 545.5M⃃ 4,350,000⃃ 1,816

How many rental contracts were registered in Trade Center First in 2023?

8,639 rental contracts (new and renewed) were registered in Trade Center First in 2023, at a median annual rent of ⃃ 88,000 (+20.5% on 2022). Rental yields in Trade Center First

What were the most expensive property sales in Trade Center First in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/09/2023Burj AziziPlot40,000 sq ft⃃ 450,000,000Resale · Ready
25/09/2023Trade Center FirstPlot68,692 sq ft⃃ 50,000,000Primary · Ready
09/11/2023Latifa TowerCommercial2,895 sq ft⃃ 6,000,000Resale · Ready
20/03/2023Latifa TowerCommercial2,897 sq ft⃃ 5,785,000Resale · Ready
29/05/2023Latifa TowerCommercial2,895 sq ft⃃ 4,900,000Resale · Ready
01/05/2023Latifa TowerCommercial2,895 sq ft⃃ 4,800,000Resale · Ready
25/09/2023Latifa TowerCommercial2,897 sq ft⃃ 4,800,000Resale · Ready
26/01/2023Latifa TowerCommercial2,897 sq ft⃃ 4,350,000Resale · Ready
19/09/2023Latifa TowerCommercial1,052 sq ft⃃ 2,795,000Resale · Ready
02/10/2023Latifa TowerCommercial1,052 sq ft⃃ 2,765,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
30/11/2023Latifa TowerCommercial1,410 sq ft⃃ 2,650,000Resale · Ready
09/11/2023Latifa TowerCommercial2,895 sq ft⃃ 6,000,000Resale · Ready
06/10/2023Trade Center FirstPlot25,000 sq ft⃃ 107,600Resale · Ready
02/10/2023Latifa TowerCommercial1,052 sq ft⃃ 2,765,000Resale · Ready
25/09/2023Trade Center FirstPlot68,692 sq ft⃃ 50,000,000Primary · Ready
25/09/2023Burj AziziPlot40,000 sq ft⃃ 450,000,000Resale · Ready
25/09/2023Latifa TowerCommercial2,897 sq ft⃃ 4,800,000Resale · Ready
19/09/2023Latifa TowerCommercial1,052 sq ft⃃ 2,795,000Resale · Ready
19/09/2023Latifa TowerCommercial1,052 sq ft⃃ 2,450,000Resale · Ready
29/05/2023Latifa TowerCommercial2,895 sq ft⃃ 4,900,000Resale · 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/trade-center-first/2023
Trade Center First Property Transactions 2023. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/trade-center-first/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 Trade Center First in 2023?
15 property sales worth ⃃ 545,502,600 were registered in Trade Center First in 2023. That is 6.3% lower than 2022.
What was the median property price in Trade Center First in 2023?
The median sale price was ⃃ 4,350,000 and the median price per square foot ⃃ 1,816 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Trade Center First were off-plan or from developers?
Developer (primary) sales were 6.7% of the 15 sales and resales 93.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/trade-center-first/2023