The Ridge Dubai Resale Index rose 2.8% month-on-month in December 2023; the mix-controlled median (2014 = 100) printed 127.5, up 20.5% year-on-year. 9,136 residential transactions were registered in the month — 3,764 secondary resales and 5,372 off-plan sales — at a secondary median of AED 1,217.9/sqft. The headline is a median of registered ready resales and is sensitive to sales mix; the stratified RDRI companion below controls composition explicitly.
Ridge Ratings, “Ridge Dubai Resale Index — December 2023 release”, ridgeratings.com/release/2023-12. Methodology v1.5 · registered land-registry transactions.
About Ridge Ratings. Ridge is an independent Dubai property intelligence house: letter-grade liquidity ratings for Dubai's communities and buildings, and the Ridge Dubai Resale Index (RDRI), computed solely from registered land-registry transactions. Ridge holds no inventory, takes no commissions and sells no listings — its only product is independent measurement.
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