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Project · Transactions · 2017

Axis Residences 1 Property Transactions 2017

40 property sales worth ⃃ 25.21M were registered in Axis Residences 1 in 2017, 9.1% lower than 2016 by number of sales. The median sale price was ⃃ 592,500 and the median price per square foot ⃃ 668 (−5.4% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 40 salesUpdated: 14 Nov 2026
Property sales
40
−9.1% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 25.21M
−16.4% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 592,500
−4.4% vs 2016
40 sales
Median price per sq ft
⃃ 668
−5.4% vs 2016
40 sales

What types of property sold in Axis Residences 1 in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments40100%⃃ 25.21M⃃ 592,500⃃ 668

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)1025%⃃ 7.78M⃃ 690,612⃃ 800
Resale (secondary)3075%⃃ 17.43M⃃ 582,500⃃ 642
Ready40100%⃃ 25.21M⃃ 592,500⃃ 668

How many rental contracts were registered in Axis Residences 1 in 2017?

179 rental contracts (new and renewed) were registered in Axis Residences 1 in 2017, at a median annual rent of ⃃ 54,570 (−8.5% on 2016). Rental yields in Axis Residences 1

What were the most expensive property sales in Axis Residences 1 in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/05/2017Axis Residences One 21 bed · Apartment931 sq ft⃃ 1,221,286Primary · Ready
10/12/2017Axis Residences One 41 bed · Apartment938 sq ft⃃ 1,055,440Primary · Ready
09/05/2017Axis Residences One 11 bed · Apartment854 sq ft⃃ 1,030,813Primary · Ready
09/08/2017Axis Residences One 21 bed · Apartment938 sq ft⃃ 773,825Primary · Ready
24/09/2017Axis Residences One 21 bed · Apartment874 sq ft⃃ 700,000Primary · Ready
28/03/2017Axis Residences One 41 bed · Apartment852 sq ft⃃ 681,224Primary · Ready
23/07/2017Axis Residences One 11 bed · Apartment938 sq ft⃃ 625,000Resale · Ready
04/05/2017Axis Residences One 31 bed · Apartment898 sq ft⃃ 615,000Resale · Ready
04/05/2017Axis Residences One 11 bed · Apartment848 sq ft⃃ 615,000Resale · Ready
02/04/2017Axis Residences One 11 bed · Apartment860 sq ft⃃ 610,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
27/12/2017Axis Residences One 41 bed · Apartment848 sq ft⃃ 520,000Resale · Ready
17/12/2017Axis Residences One 21 bed · Apartment877 sq ft⃃ 570,219Primary · Ready
10/12/2017Axis Residences One 41 bed · Apartment938 sq ft⃃ 1,055,440Primary · Ready
10/12/2017Axis Residences One 31 bed · Apartment952 sq ft⃃ 550,000Resale · Ready
10/12/2017Axis Residences One 11 bed · Apartment938 sq ft⃃ 550,000Resale · Ready
10/12/2017Axis Residences One 21 bed · Apartment952 sq ft⃃ 550,000Resale · Ready
06/12/2017Axis Residences One 41 bed · Apartment938 sq ft⃃ 557,836Primary · Ready
05/12/2017Axis Residences One 21 bed · Apartment938 sq ft⃃ 600,000Resale · Ready
27/11/2017Axis Residences One 31 bed · Apartment938 sq ft⃃ 570,000Resale · Ready
27/11/2017Axis Residences One 31 bed · Apartment938 sq ft⃃ 580,000Resale · 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/axis-residences-1/2017
Axis Residences 1 Property Transactions 2017. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/axis-residences-1/2017

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 Axis Residences 1 in 2017?
40 property sales worth ⃃ 25,205,643 were registered in Axis Residences 1 in 2017. That is 9.1% lower than 2016.
What was the median property price in Axis Residences 1 in 2017?
The median sale price was ⃃ 592,500 and the median price per square foot ⃃ 668 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Axis Residences 1 were off-plan or from developers?
Developer (primary) sales were 25% of the 40 sales and resales 75%. Primary/resale and off-plan/ready are different splits.

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