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Building · Transactions · 2016

Al Majara 2 Property Transactions 2016

16 property sales worth ⃃ 29.4M were registered in Al Majara 2 in 2016, 5.9% lower than 2015 by number of sales. The median sale price was ⃃ 1,750,000 and the median price per square foot ⃃ 1,696 (+0.2% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 16 salesUpdated: 14 Nov 2026
Property sales
16
−5.9% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 29.4M
+1.8% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,750,000
+2.9% vs 2015
16 sales
Median price per sq ft
⃃ 1,696
+0.2% vs 2015
16 sales

What types of property sold in Al Majara 2 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments16100%⃃ 29.4M⃃ 1,750,000⃃ 1,696

How were 2016 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)425%⃃ 4.59M⃃ 1,052,550⃃ 802
Resale (secondary)1275%⃃ 24.81M⃃ 1,800,000⃃ 1,735
Ready16100%⃃ 29.4M⃃ 1,750,000⃃ 1,696

How many rental contracts were registered in Al Majara 2 in 2016?

97 rental contracts (new and renewed) were registered in Al Majara 2 in 2016, at a median annual rent of ⃃ 125,000 (−7.4% on 2015). Rental yields in Al Majara 2

What were the most expensive property sales in Al Majara 2 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/06/2016Al Majara 22 beds · Apartment1,579 sq ft⃃ 3,300,000Resale · Ready
04/08/2016Al Majara 22 beds · Apartment1,408 sq ft⃃ 3,300,000Resale · Ready
19/07/2016Al Majara 22 beds · Apartment1,579 sq ft⃃ 2,800,000Resale · Ready
01/05/2016Al Majara 22 beds · Apartment1,408 sq ft⃃ 2,350,000Resale · Ready
29/06/2016Al Majara 22 beds · Apartment1,303 sq ft⃃ 1,985,461Resale · Ready
16/10/2016Al Majara 21 bed · Apartment971 sq ft⃃ 1,800,000Resale · Ready
24/01/2016Al Majara 22 beds · Apartment1,579 sq ft⃃ 1,800,000Primary · Ready
01/03/2016Al Majara 21 bed · Apartment974 sq ft⃃ 1,800,000Resale · Ready
14/07/2016Al Majara 21 bed · Apartment974 sq ft⃃ 1,700,000Resale · Ready
01/06/2016Al Majara 21 bed · Apartment971 sq ft⃃ 1,650,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
19/12/2016Al Majara 21 bed · Apartment842 sq ft⃃ 1,425,000Resale · Ready
16/10/2016Al Majara 21 bed · Apartment971 sq ft⃃ 1,800,000Resale · Ready
04/08/2016Al Majara 22 beds · Apartment1,408 sq ft⃃ 3,300,000Resale · Ready
31/07/2016Al Majara 21 bed · Apartment841 sq ft⃃ 683,800Primary · Ready
27/07/2016Al Majara 21 bed · Apartment841 sq ft⃃ 1,450,000Resale · Ready
19/07/2016Al Majara 22 beds · Apartment1,579 sq ft⃃ 2,800,000Resale · Ready
14/07/2016Al Majara 21 bed · Apartment974 sq ft⃃ 1,700,000Resale · Ready
29/06/2016Al Majara 22 beds · Apartment1,303 sq ft⃃ 1,985,461Resale · Ready
01/06/2016Al Majara 21 bed · Apartment971 sq ft⃃ 1,650,000Resale · Ready
01/06/2016Al Majara 22 beds · Apartment1,579 sq ft⃃ 3,300,000Resale · 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 2016 with the whole of 2015.
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/al-majara-2/2016
Al Majara 2 Property Transactions 2016. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/al-majara-2/2016

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 Al Majara 2 in 2016?
16 property sales worth ⃃ 29,399,361 were registered in Al Majara 2 in 2016. That is 5.9% lower than 2015.
What was the median property price in Al Majara 2 in 2016?
The median sale price was ⃃ 1,750,000 and the median price per square foot ⃃ 1,696 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Al Majara 2 were off-plan or from developers?
Developer (primary) sales were 25% of the 16 sales and resales 75%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/al-majara-2/2016