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Project · Transactions · 2017

1 Lake Plaza Property Transactions 2017

22 property sales worth ⃃ 17.68M were registered in 1 Lake Plaza in 2017, 100.0% higher than 2016 by number of sales. The median sale price was ⃃ 752,500 and the median price per square foot ⃃ 760 (−2.7% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 22 salesUpdated: 15 Nov 2026
Property sales
22
+100.0% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 17.68M
+66.4% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 752,500
−25.0% vs 2016
22 sales
Median price per sq ft
⃃ 760
−2.7% vs 2016
22 sales

What types of property sold in 1 Lake Plaza in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial22100%⃃ 17.68M⃃ 752,500⃃ 760

How were 2017 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)29.1%⃃ 1.36M⃃ 678,740⃃ 810
Resale (secondary)2090.9%⃃ 16.32M⃃ 802,500⃃ 760
Ready22100%⃃ 17.68M⃃ 752,500⃃ 760

How many rental contracts were registered in 1 Lake Plaza in 2017?

73 rental contracts (new and renewed) were registered in 1 Lake Plaza in 2017, at a median annual rent of ⃃ 80,000 (−11.8% on 2016).

What were the most expensive property sales in 1 Lake Plaza in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/02/20171 Lake PlazaCommercial1,619 sq ft⃃ 1,450,000Resale · Ready
30/07/20171 Lake PlazaCommercial1,910 sq ft⃃ 1,200,000Resale · Ready
17/07/20171 Lake PlazaCommercial1,522 sq ft⃃ 1,141,500Resale · Ready
28/08/20171 Lake PlazaCommercial1,240 sq ft⃃ 1,054,000Resale · Ready
25/05/20171 Lake PlazaCommercial1,345 sq ft⃃ 1,000,000Resale · Ready
09/02/20171 Lake PlazaCommercial1,104 sq ft⃃ 990,000Resale · Ready
07/03/20171 Lake PlazaCommercial677 sq ft⃃ 970,000Resale · Ready
14/02/20171 Lake PlazaCommercial1,076 sq ft⃃ 946,880Resale · Ready
10/12/20171 Lake PlazaCommercial1,104 sq ft⃃ 865,855Resale · Ready
03/04/20171 Lake PlazaCommercial1,104 sq ft⃃ 850,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
12/12/20171 Lake PlazaCommercial1,076 sq ft⃃ 755,000Resale · Ready
10/12/20171 Lake PlazaCommercial1,104 sq ft⃃ 865,855Resale · Ready
28/08/20171 Lake PlazaCommercial1,240 sq ft⃃ 1,054,000Resale · Ready
30/07/20171 Lake PlazaCommercial1,910 sq ft⃃ 1,200,000Resale · Ready
17/07/20171 Lake PlazaCommercial1,522 sq ft⃃ 1,141,500Resale · Ready
25/05/20171 Lake PlazaCommercial1,345 sq ft⃃ 1,000,000Resale · Ready
23/05/20171 Lake PlazaCommercial673 sq ft⃃ 700,000Resale · Ready
03/04/20171 Lake PlazaCommercial1,104 sq ft⃃ 850,000Resale · Ready
02/04/20171 Lake PlazaCommercial673 sq ft⃃ 673,000Primary · Ready
02/04/20171 Lake PlazaCommercial1,104 sq ft⃃ 684,480Primary · 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 2017 with the whole of 2016.
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/1-lake-plaza/2017
1 Lake Plaza Property Transactions 2017. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/1-lake-plaza/2017

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 1 Lake Plaza in 2017?
22 property sales worth ⃃ 17,678,715 were registered in 1 Lake Plaza in 2017. That is 100.0% higher than 2016.
What was the median property price in 1 Lake Plaza in 2017?
The median sale price was ⃃ 752,500 and the median price per square foot ⃃ 760 (1 Jan – 31 Dec 2017).
What share of 2017 sales in 1 Lake Plaza were off-plan or from developers?
Developer (primary) sales were 9.1% of the 22 sales and resales 90.9%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/1-lake-plaza/2017