Master Project · Transactions · 2023

Wasl Gate Property Transactions 2023

343 property sales worth ⃃ 895.1M were registered in Wasl Gate in 2023, 36.1% higher than 2022 by number of sales. The median sale price was ⃃ 886,777 and the median price per square foot ⃃ 1,120 (+1.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 343 salesUpdated: 13 Nov 2026
Property sales
343
+36.1% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 895.1M
+234.8% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 886,777
+3.3% vs 2022
343 sales
Median price per sq ft
⃃ 1,120
+1.6% vs 2022
343 sales

What types of property sold in Wasl Gate in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments22866.5%⃃ 187.79M⃃ 843,277⃃ 1,118
Villas9327.1%⃃ 297.57M⃃ 3,016,777⃃ 1,136

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)27780.8%⃃ 789.93M⃃ 884,777⃃ 1,117
Resale (secondary)6619.2%⃃ 105.17M⃃ 894,310⃃ 1,160
Off-plan8023.3%⃃ 252.13M⃃ 2,995,777⃃ 1,126
Ready26376.7%⃃ 642.97M⃃ 854,777⃃ 1,116

How many rental contracts were registered in Wasl Gate in 2023?

419 rental contracts (new and renewed) were registered in Wasl Gate in 2023, at a median annual rent of ⃃ 64,826 (+4.6% on 2022). Rental yields in Wasl Gate

What were the most expensive property sales in Wasl Gate in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/12/2023Wasl GatePlot370,505 sq ft⃃ 69,982,260Primary · Ready
09/01/2023Wasl GatePlot138,063 sq ft⃃ 46,100,000Primary · Ready
17/12/2023Wasl GatePlot45,929 sq ft⃃ 36,010,395Primary · Ready
03/11/2023Wasl GatePlot48,739 sq ft⃃ 20,470,000Primary · Ready
06/11/2023Wasl GatePlot36,471 sq ft⃃ 20,416,716Primary · Ready
06/11/2023Wasl GatePlot108,252 sq ft⃃ 20,330,518Primary · Ready
06/11/2023Wasl GatePlot35,470 sq ft⃃ 19,862,275Primary · Ready
06/03/2023Wasl GatePlot29,633 sq ft⃃ 12,446,000Primary · Ready
15/03/2023Wasl GatePlot29,630 sq ft⃃ 12,445,000Primary · Ready
20/10/2023Wasl GatePlot29,632 sq ft⃃ 12,445,000Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
27/12/2023The Nook 12 beds · Apartment782 sq ft⃃ 905,000Resale · Ready
19/12/2023The Nook 2Studio · Apartment316 sq ft⃃ 480,000Resale · Ready
17/12/2023Wasl GatePlot45,929 sq ft⃃ 36,010,395Primary · Ready
14/12/2023The Nook 11 bed · Apartment542 sq ft⃃ 725,000Resale · Ready
14/12/2023The Nook 12 beds · Apartment770 sq ft⃃ 798,777Resale · Ready
13/12/2023Gardenia Townhomes 24 beds · Villa3,984 sq ft⃃ 3,900,000Resale · Off-plan
11/12/2023The Nook 12 beds · Apartment745 sq ft⃃ 1,050,777Primary · Ready
11/12/2023Wasl GatePlot370,505 sq ft⃃ 69,982,260Primary · Ready
11/12/2023The Nook 22 beds · Apartment780 sq ft⃃ 970,000Resale · Ready
06/12/2023Gardenia Townhomes At Wasl Gate3 beds · Villa2,503 sq ft⃃ 3,490,151Resale · 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/wasl-gate/2023
Wasl Gate Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/wasl-gate/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 Wasl Gate in 2023?
343 property sales worth ⃃ 895,101,800 were registered in Wasl Gate in 2023. That is 36.1% higher than 2022.
What was the median property price in Wasl Gate in 2023?
The median sale price was ⃃ 886,777 and the median price per square foot ⃃ 1,120 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Wasl Gate were off-plan or from developers?
Developer (primary) sales were 80.8% of the 343 sales and resales 19.2%. Off-plan units made up 23.3% and ready units 76.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/wasl-gate/2023