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Building · Transactions · 2016

Centrium Tower 1 Property Transactions 2016

33 property sales worth ⃃ 29.54M were registered in Centrium Tower 1 in 2016, 28.3% lower than 2015 by number of sales. The median sale price was ⃃ 741,532 and the median price per square foot ⃃ 872 (−5.2% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 33 salesUpdated: 16 Nov 2026
Property sales
33
−28.3% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 29.54M
−28.0% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 741,532
−4.7% vs 2015
33 sales
Median price per sq ft
⃃ 872
−5.2% vs 2015
33 sales

What types of property sold in Centrium Tower 1 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3297%⃃ 25.04M⃃ 728,236⃃ 871
Commercial13%⃃ 4.5M⃃ 4,500,000⃃ 1,567

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)2060.6%⃃ 15.68M⃃ 728,236⃃ 934
Resale (secondary)1339.4%⃃ 13.87M⃃ 800,000⃃ 856
Ready33100%⃃ 29.54M⃃ 741,532⃃ 872

How many rental contracts were registered in Centrium Tower 1 in 2016?

85 rental contracts (new and renewed) were registered in Centrium Tower 1 in 2016, at a median annual rent of ⃃ 65,000 (+3.2% on 2015). Rental yields in Centrium Tower 1

What were the most expensive property sales in Centrium Tower 1 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
24/10/2016Centrium Tower 1Commercial2,872 sq ft⃃ 4,500,000Resale · Ready
14/04/2016Centrium Tower 13 beds · Apartment1,433 sq ft⃃ 1,395,083Primary · Ready
26/05/2016Centrium Tower 13 beds · Apartment1,786 sq ft⃃ 1,148,378Resale · Ready
19/01/2016Centrium Tower 12 beds · Apartment970 sq ft⃃ 1,118,191Primary · Ready
26/05/2016Centrium Tower 13 beds · Apartment1,359 sq ft⃃ 1,112,494Resale · Ready
02/03/2016Centrium Tower 11 bed · Apartment868 sq ft⃃ 1,055,764Primary · Ready
24/02/2016Centrium Tower 12 beds · Apartment978 sq ft⃃ 930,000Resale · Ready
31/01/2016Centrium Tower 12 beds · Apartment970 sq ft⃃ 929,267Primary · Ready
02/06/2016Centrium Tower 12 beds · Apartment970 sq ft⃃ 882,875Primary · Ready
02/11/2016Centrium Tower 12 beds · Apartment969 sq ft⃃ 845,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
02/11/2016Centrium Tower 12 beds · Apartment969 sq ft⃃ 845,000Resale · Ready
26/10/2016Centrium Tower 11 bed · Apartment713 sq ft⃃ 620,000Resale · Ready
24/10/2016Centrium Tower 1Commercial2,872 sq ft⃃ 4,500,000Resale · Ready
22/09/2016Centrium Tower 11 bed · Apartment713 sq ft⃃ 610,000Resale · Ready
04/09/2016Centrium Tower 11 bed · Apartment723 sq ft⃃ 600,000Resale · Ready
02/08/2016Centrium Tower 12 beds · Apartment969 sq ft⃃ 770,000Primary · Ready
18/07/2016Centrium Tower 11 bed · Apartment726 sq ft⃃ 696,530Primary · Ready
28/06/2016Centrium Tower 12 beds · Apartment970 sq ft⃃ 820,000Resale · Ready
28/06/2016Centrium Tower 11 bed · Apartment716 sq ft⃃ 580,000Resale · Ready
22/06/2016Centrium Tower 11 bed · Apartment723 sq ft⃃ 620,000Resale · 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/centrium-tower-1/2016
Centrium Tower 1 Property Transactions 2016. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/centrium-tower-1/2016

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 Centrium Tower 1 in 2016?
33 property sales worth ⃃ 29,543,347 were registered in Centrium Tower 1 in 2016. That is 28.3% lower than 2015.
What was the median property price in Centrium Tower 1 in 2016?
The median sale price was ⃃ 741,532 and the median price per square foot ⃃ 872 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Centrium Tower 1 were off-plan or from developers?
Developer (primary) sales were 60.6% of the 33 sales and resales 39.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/centrium-tower-1/2016