Dubai Best Selling Real Estate Projects in November 2023

Real Estate

The Dubai real estate market continued its upward climb in November 2023, with overall transaction volumes remaining robust. However, a closer look reveals a slight moderation in the ready apartment segment, while off-plan apartments and villas sustained their strong momentum.

Ready apartments:

Transactions dipped by 16.8% compared to November 2022, suggesting a potential plateauing in this segment.

Median price per square foot stood at AED 1,271, reflecting a 9.1% decrease year-on-year.

Average apartment size involved in transactions reached 1,208 sq ft, indicating buyer preference for larger units.

Off Plan Apartments

Off-plan apartments defied the overall moderation, recording a notable 24.1% increase in transactions year-on-year.

This segment’s median price per square foot remained stable at around AED 1,197, showcasing continued investor confidence.

The average size of off-plan apartments sold was 1,362 sq ft, aligning with the trend for ready apartments.


The villa market remained a bright spot, with transaction volumes up 0.5% compared to November 2022.

Median villa prices witnessed a healthy 9.2% year-on-year increase, reaching AED 2.8 million.

This segment’s sustained performance highlights its enduring appeal to high-net-worth individuals and families.

Market Trends:

While ready apartments show a slight moderation, the overall market remains positive, supported by strong off plan sales and a resilient villa segment.

This trend aligns with experts’ predictions of a sustained upward trajectory in Dubai’s real estate market over the next five years.

The influx of foreign investors seeking value-for-money propositions continues to fuel market optimism.

Highest Price Land Sales in November 2023

Area Property Type Amount
Jumeirah Lakes Towers Land AED 800M
Madinat Dubai Almelaheyah Land AED 505.936M
Business Bay Land AED 375M
Dubai Marina Land AED 360M
Madinat Dubai Almelaheyah Land AED 347.44M

Most Selling OFF Plan Apartments in November 2023

Area Count Amount
Elitz 2 By Danube 222 AED 244M
Bay Residences Dubai Islands 210 AED 997M
Clearpoint 162 AED 347M
Volta Tower 161 AED 449M
The EDGE 136 AED 214M

Most Selling OFF Plan Villas in November 2023

Area Count Amount
The Valley – Nima 263 AED 637M
South Bay 3 Premium 175 AED 692M
Expo City Valley 158 AED 730M
Albarari Ixora Villas 57 AED 262M
Bianca 51 AED 57M

Most Selling Ready Apartments in November 2023

Area Count Amount
Siraj Tower 204 AED 76M
Sky Courts 74 AED 43M
May Residence 47 AED25M
Marina Star 44 AED 44M
Town Square Zahra 30 AED 22M

Most Selling Ready Villas in November 2023

Area Count Amount
Elan 76 AED 191M
Rukan 3 56 35 million
Eastern Residence – North 48 AED 33M
The Pulse Villas 19 AED 72M
Parkside 2 25 AED 37M




1505, Opal Tower Burj Khalifa Boulevard
– Business Bay – Dubai.

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