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Building · Transactions · 2023

Victoria 1 Property Transactions 2023

47 property sales worth ⃃ 53.88M were registered in Victoria 1 in 2023, 24.2% lower than 2022 by number of sales. The median sale price was ⃃ 1,100,000 and the median price per square foot ⃃ 615 (−15.2% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 47 salesUpdated: 15 Nov 2026
Property sales
47
−24.2% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 53.88M
−8.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,100,000
+22.8% vs 2022
47 sales
Median price per sq ft
⃃ 615
−15.2% vs 2022
47 sales

What types of property sold in Victoria 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas47100%⃃ 53.88M⃃ 1,100,000⃃ 615

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)4289.4%⃃ 48.65M⃃ 1,125,000⃃ 610
Resale (secondary)510.6%⃃ 5.22M⃃ 1,050,000⃃ 704
Ready47100%⃃ 53.88M⃃ 1,100,000⃃ 615

How many rental contracts were registered in Victoria 1 in 2023?

220 rental contracts (new and renewed) were registered in Victoria 1 in 2023, at a median annual rent of ⃃ 57,875 (+20.6% on 2022). Rental yields in Victoria 1

What were the most expensive property sales in Victoria 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/03/2023Victoria 13 beds · Villa1,977 sq ft⃃ 1,534,000Primary · Ready
05/07/2023Victoria 13 beds · Villa1,584 sq ft⃃ 1,494,000Primary · Ready
01/09/2023Victoria 13 beds · Villa1,812 sq ft⃃ 1,428,000Primary · Ready
15/08/2023Victoria 13 beds · Villa1,208 sq ft⃃ 1,403,000Primary · Ready
05/07/2023Victoria 13 beds · Villa1,208 sq ft⃃ 1,403,000Primary · Ready
03/08/2023Victoria 13 beds · Villa1,234 sq ft⃃ 1,403,000Primary · Ready
06/07/2023Victoria 13 beds · Villa1,288 sq ft⃃ 1,403,000Primary · Ready
14/04/2023Victoria 13 beds · Villa1,329 sq ft⃃ 1,403,000Primary · Ready
11/04/2023Victoria 13 beds · Villa1,208 sq ft⃃ 1,403,000Primary · Ready
02/10/2023Victoria 13 beds · Villa1,208 sq ft⃃ 1,403,000Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
26/12/2023Victoria 13 beds · Villa1,208 sq ft⃃ 1,300,000Primary · Ready
25/12/2023Victoria 13 beds · Villa1,208 sq ft⃃ 1,100,000Primary · Ready
22/12/2023Victoria 13 beds · Villa1,918 sq ft⃃ 1,290,000Primary · Ready
18/12/2023Victoria 14 beds · Villa1,918 sq ft⃃ 1,150,000Primary · Ready
12/12/2023Victoria 13 beds · Villa1,505 sq ft⃃ 950,000Primary · Ready
01/12/2023Victoria 13 beds · Villa1,208 sq ft⃃ 970,000Primary · Ready
28/11/2023Victoria 14 beds · Villa1,208 sq ft⃃ 1,150,000Primary · Ready
16/11/2023Victoria 14 beds · Villa1,234 sq ft⃃ 950,000Primary · Ready
16/11/2023Victoria 14 beds · Villa1,919 sq ft⃃ 1,000,000Primary · Ready
10/11/2023Victoria 13 beds · Villa1,505 sq ft⃃ 1,250,000Resale · 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/victoria-1/2023
Victoria 1 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/victoria-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 Victoria 1 in 2023?
47 property sales worth ⃃ 53,875,880 were registered in Victoria 1 in 2023. That is 24.2% lower than 2022.
What was the median property price in Victoria 1 in 2023?
The median sale price was ⃃ 1,100,000 and the median price per square foot ⃃ 615 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Victoria 1 were off-plan or from developers?
Developer (primary) sales were 89.4% of the 47 sales and resales 10.6%. Primary/resale and off-plan/ready are different splits.

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