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Building · Transactions · 2017

Al Majara 2 Property Transactions 2017

20 property sales worth ⃃ 36.13M were registered in Al Majara 2 in 2017, 25.0% higher than 2016 by number of sales. The median sale price was ⃃ 1,615,000 and the median price per square foot ⃃ 1,653 (−2.5% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 20 salesUpdated: 14 Nov 2026
Property sales
20
+25.0% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 36.13M
+22.9% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 1,615,000
−7.7% vs 2016
20 sales
Median price per sq ft
⃃ 1,653
−2.5% vs 2016
20 sales

What types of property sold in Al Majara 2 in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments20100%⃃ 36.13M⃃ 1,615,000⃃ 1,653

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)210%⃃ 2.97M⃃ 1,485,400⃃ 1,110
Resale (secondary)1890%⃃ 33.16M⃃ 1,615,000⃃ 1,686
Ready20100%⃃ 36.13M⃃ 1,615,000⃃ 1,653

How many rental contracts were registered in Al Majara 2 in 2017?

136 rental contracts (new and renewed) were registered in Al Majara 2 in 2017, at a median annual rent of ⃃ 115,340 (−7.7% on 2016). Rental yields in Al Majara 2

What were the most expensive property sales in Al Majara 2 in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/03/2017Al Majara 22 beds · Apartment1,579 sq ft⃃ 3,200,000Resale · Ready
13/03/2017Al Majara 22 beds · Apartment1,579 sq ft⃃ 2,805,000Resale · Ready
13/06/2017Al Majara 22 beds · Apartment1,408 sq ft⃃ 2,565,000Resale · Ready
17/07/2017Al Majara 22 beds · Apartment1,408 sq ft⃃ 2,525,000Resale · Ready
26/01/2017Al Majara 21 bed · Apartment1,463 sq ft⃃ 2,000,000Resale · Ready
12/12/2017Al Majara 22 beds · Apartment1,303 sq ft⃃ 2,000,000Resale · Ready
24/07/2017Al Majara 22 beds · Apartment1,303 sq ft⃃ 1,925,000Primary · Ready
04/01/2017Al Majara 21 bed · Apartment974 sq ft⃃ 1,837,500Resale · Ready
27/04/2017Al Majara 21 bed · Apartment974 sq ft⃃ 1,700,000Resale · Ready
09/02/2017Al Majara 21 bed · Apartment971 sq ft⃃ 1,630,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
24/12/2017Al Majara 21 bed · Apartment842 sq ft⃃ 1,370,000Resale · Ready
12/12/2017Al Majara 22 beds · Apartment1,303 sq ft⃃ 2,000,000Resale · Ready
02/11/2017Al Majara 21 bed · Apartment842 sq ft⃃ 1,500,000Resale · Ready
07/09/2017Al Majara 21 bed · Apartment945 sq ft⃃ 1,600,000Resale · Ready
31/07/2017Al Majara 21 bed · Apartment842 sq ft⃃ 1,360,000Resale · Ready
24/07/2017Al Majara 22 beds · Apartment1,303 sq ft⃃ 1,925,000Primary · Ready
17/07/2017Al Majara 22 beds · Apartment1,408 sq ft⃃ 2,525,000Resale · Ready
13/06/2017Al Majara 22 beds · Apartment1,408 sq ft⃃ 2,565,000Resale · Ready
06/06/2017Al Majara 21 bed · Apartment842 sq ft⃃ 1,500,000Resale · Ready
27/04/2017Al Majara 21 bed · Apartment974 sq ft⃃ 1,700,000Resale · 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 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/al-majara-2/2017
Al Majara 2 Property Transactions 2017. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/al-majara-2/2017

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 Al Majara 2 in 2017?
20 property sales worth ⃃ 36,129,800 were registered in Al Majara 2 in 2017. That is 25.0% higher than 2016.
What was the median property price in Al Majara 2 in 2017?
The median sale price was ⃃ 1,615,000 and the median price per square foot ⃃ 1,653 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Al Majara 2 were off-plan or from developers?
Developer (primary) sales were 10% of the 20 sales and resales 90%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/al-majara-2/2017