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Project · Transactions · 2016

Axis Residences 5 Property Transactions 2016

8 property sales worth ⃃ 3.11M were registered in Axis Residences 5 in 2016, 78.9% lower than 2015 by number of sales. The median sale price was ⃃ 361,250 and the median price per square foot ⃃ 500 (−33.1% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 8 salesUpdated: 14 Nov 2026
Property sales
8
−78.9% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 3.11M
−86.3% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 361,250
−35.3% vs 2015
8 sales
Median price per sq ft
⃃ 500
−33.1% vs 2015
8 sales

What types of property sold in Axis Residences 5 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments8100%⃃ 3.11M⃃ 361,250⃃ 500

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
Resale (secondary)8100%⃃ 3.11M⃃ 361,250⃃ 500
Ready8100%⃃ 3.11M⃃ 361,250⃃ 500

How many rental contracts were registered in Axis Residences 5 in 2016?

50 rental contracts (new and renewed) were registered in Axis Residences 5 in 2016, at a median annual rent of ⃃ 54,478 (+9.0% on 2015). Rental yields in Axis Residences 5

What were the most expensive property sales in Axis Residences 5 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/05/2016Axis Residences 51 bed · Apartment867 sq ft⃃ 650,000Resale · Ready
07/12/2016Axis Residences 51 bed · Apartment652 sq ft⃃ 585,000Resale · Ready
01/05/2016Axis Residences 51 bed · Apartment729 sq ft⃃ 550,000Resale · Ready
01/11/2016Axis Residences 51 bed · Apartment610 sq ft⃃ 522,500Resale · Ready
25/01/2016Axis Residences 51 bed · Apartment844 sq ft⃃ 200,000Resale · Ready
25/01/2016Axis Residences 51 bed · Apartment855 sq ft⃃ 200,000Resale · Ready
25/01/2016Axis Residences 51 bed · Apartment808 sq ft⃃ 200,000Resale · Ready
25/01/2016Axis Residences 51 bed · Apartment797 sq ft⃃ 200,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
07/12/2016Axis Residences 51 bed · Apartment652 sq ft⃃ 585,000Resale · Ready
01/11/2016Axis Residences 51 bed · Apartment610 sq ft⃃ 522,500Resale · Ready
25/05/2016Axis Residences 51 bed · Apartment867 sq ft⃃ 650,000Resale · Ready
01/05/2016Axis Residences 51 bed · Apartment729 sq ft⃃ 550,000Resale · Ready
25/01/2016Axis Residences 51 bed · Apartment797 sq ft⃃ 200,000Resale · Ready
25/01/2016Axis Residences 51 bed · Apartment844 sq ft⃃ 200,000Resale · Ready
25/01/2016Axis Residences 51 bed · Apartment855 sq ft⃃ 200,000Resale · Ready
25/01/2016Axis Residences 51 bed · Apartment808 sq ft⃃ 200,000Resale · 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/axis-residences-5/2016
Axis Residences 5 Property Transactions 2016. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/axis-residences-5/2016

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 Axis Residences 5 in 2016?
8 property sales worth ⃃ 3,107,500 were registered in Axis Residences 5 in 2016. That is 78.9% lower than 2015.
What was the median property price in Axis Residences 5 in 2016?
The median sale price was ⃃ 361,250 and the median price per square foot ⃃ 500 (1 Jan – 31 Dec 2016).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/axis-residences-5/2016