Project · Transactions · 2016

Central Park Towers Property Transactions 2016

31 property sales worth ⃃ 63.87M were registered in Central Park Towers in 2016, 58.1% lower than 2015 by number of sales. The median sale price was ⃃ 1,944,131 and the median price per square foot ⃃ 1,655 (−9.4% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 31 salesUpdated: 12 Nov 2026
Property sales
31
−58.1% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 63.87M
−61.6% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,944,131
−6.5% vs 2015
31 sales
Median price per sq ft
⃃ 1,655
−9.4% vs 2015
31 sales

What types of property sold in Central Park Towers in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments31100%⃃ 63.87M⃃ 1,944,131⃃ 1,655

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)1445.2%⃃ 33.29M⃃ 2,517,690⃃ 1,426
Resale (secondary)1754.8%⃃ 30.58M⃃ 1,570,000⃃ 1,695
Ready31100%⃃ 63.87M⃃ 1,944,131⃃ 1,655

How many rental contracts were registered in Central Park Towers in 2016?

76 rental contracts (new and renewed) were registered in Central Park Towers in 2016, at a median annual rent of ⃃ 125,000 (+8.7% on 2015). Rental yields in Central Park Towers

What were the most expensive property sales in Central Park Towers in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/04/2016Central Park Towers3 beds · Apartment2,673 sq ft⃃ 5,255,588Primary · Ready
28/08/2016Central Park Towers3 beds · Apartment2,973 sq ft⃃ 4,980,475Primary · Ready
07/02/2016Central Park Towers3 beds · Apartment2,621 sq ft⃃ 4,700,000Resale · Ready
14/01/2016Central Park Towers2 beds · Apartment2,038 sq ft⃃ 3,742,796Primary · Ready
21/07/2016Central Park Towers2 beds · Apartment1,782 sq ft⃃ 3,158,663Resale · Ready
14/08/2016Central Park TowersApartment6,403 sq ft⃃ 3,000,000Primary · Ready
14/08/2016Central Park Towers3 beds · Apartment2,474 sq ft⃃ 3,000,000Primary · Ready
14/08/2016Central Park Towers3 beds · Apartment2,474 sq ft⃃ 3,000,000Primary · Ready
14/08/2016Central Park TowersApartment6,403 sq ft⃃ 3,000,000Primary · Ready
07/04/2016Central Park Towers2 beds · Apartment1,602 sq ft⃃ 2,715,289Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
27/11/2016Central Park TowersStudio · Apartment793 sq ft⃃ 1,100,000Resale · Ready
14/11/2016Central Park Towers1 bed · Apartment1,127 sq ft⃃ 1,800,000Resale · Ready
10/11/2016Central Park TowersStudio · Apartment793 sq ft⃃ 1,300,000Primary · Ready
28/08/2016Central Park Towers3 beds · Apartment2,973 sq ft⃃ 4,980,475Primary · Ready
14/08/2016Central Park Towers3 beds · Apartment2,474 sq ft⃃ 3,000,000Primary · Ready
14/08/2016Central Park TowersApartment6,403 sq ft⃃ 3,000,000Primary · Ready
14/08/2016Central Park Towers1 bed · Apartment1,275 sq ft⃃ 1Resale · Ready
14/08/2016Central Park TowersApartment6,591 sq ft⃃ 1Primary · Ready
14/08/2016Central Park TowersApartment6,496 sq ft⃃ 1Primary · Ready
14/08/2016Central Park Towers2 beds · Apartment2,100 sq ft⃃ 1Primary · 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/central-park-towers/2016
Central Park Towers Property Transactions 2016. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/central-park-towers/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 Central Park Towers in 2016?
31 property sales worth ⃃ 63,871,215 were registered in Central Park Towers in 2016. That is 58.1% lower than 2015.
What was the median property price in Central Park Towers in 2016?
The median sale price was ⃃ 1,944,131 and the median price per square foot ⃃ 1,655 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Central Park Towers were off-plan or from developers?
Developer (primary) sales were 45.2% of the 31 sales and resales 54.8%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/central-park-towers/2016