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Building · Transactions · 2016

Centrium Tower 3 Property Transactions 2016

16 property sales worth ⃃ 13.88M were registered in Centrium Tower 3 in 2016, 46.7% lower than 2015 by number of sales. The median sale price was ⃃ 832,881 and the median price per square foot ⃃ 877 (−1.0% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 16 salesUpdated: 14 Nov 2026
Property sales
16
−46.7% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 13.88M
−47.5% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 832,881
+0.1% vs 2015
16 sales
Median price per sq ft
⃃ 877
−1.0% vs 2015
16 sales

What types of property sold in Centrium Tower 3 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments16100%⃃ 13.88M⃃ 832,881⃃ 877

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)1062.5%⃃ 8.37M⃃ 802,898⃃ 932
Resale (secondary)637.5%⃃ 5.51M⃃ 915,000⃃ 829
Ready16100%⃃ 13.88M⃃ 832,881⃃ 877

How many rental contracts were registered in Centrium Tower 3 in 2016?

52 rental contracts (new and renewed) were registered in Centrium Tower 3 in 2016, at a median annual rent of ⃃ 75,000 (+2.7% on 2015). Rental yields in Centrium Tower 3

What were the most expensive property sales in Centrium Tower 3 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/08/2016Centrium Tower 33 beds · Apartment1,787 sq ft⃃ 1,300,000Resale · Ready
05/01/2016Centrium Tower 33 beds · Apartment1,565 sq ft⃃ 1,286,937Primary · Ready
03/04/2016Centrium Tower 33 beds · Apartment1,359 sq ft⃃ 1,100,000Resale · Ready
18/01/2016Centrium Tower 33 beds · Apartment1,787 sq ft⃃ 1,000,000Resale · Ready
31/01/2016Centrium Tower 32 beds · Apartment959 sq ft⃃ 918,510Primary · Ready
09/03/2016Centrium Tower 32 beds · Apartment952 sq ft⃃ 862,236Primary · Ready
14/02/2016Centrium Tower 32 beds · Apartment978 sq ft⃃ 855,285Primary · Ready
14/02/2016Centrium Tower 32 beds · Apartment959 sq ft⃃ 835,762Primary · Ready
27/01/2016Centrium Tower 32 beds · Apartment978 sq ft⃃ 830,000Resale · Ready
28/03/2016Centrium Tower 31 bed · Apartment716 sq ft⃃ 770,033Primary · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
07/12/2016Centrium Tower 31 bed · Apartment716 sq ft⃃ 630,000Resale · Ready
10/11/2016Centrium Tower 31 bed · Apartment716 sq ft⃃ 650,000Resale · Ready
01/08/2016Centrium Tower 33 beds · Apartment1,787 sq ft⃃ 1,300,000Resale · Ready
03/04/2016Centrium Tower 33 beds · Apartment1,359 sq ft⃃ 1,100,000Resale · Ready
28/03/2016Centrium Tower 31 bed · Apartment716 sq ft⃃ 590,278Primary · Ready
28/03/2016Centrium Tower 31 bed · Apartment716 sq ft⃃ 770,033Primary · Ready
09/03/2016Centrium Tower 32 beds · Apartment952 sq ft⃃ 862,236Primary · Ready
14/02/2016Centrium Tower 32 beds · Apartment978 sq ft⃃ 855,285Primary · Ready
14/02/2016Centrium Tower 32 beds · Apartment959 sq ft⃃ 835,762Primary · Ready
31/01/2016Centrium Tower 32 beds · Apartment959 sq ft⃃ 918,510Primary · 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-3/2016
Centrium Tower 3 Property Transactions 2016. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/centrium-tower-3/2016

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 3 in 2016?
16 property sales worth ⃃ 13,876,766 were registered in Centrium Tower 3 in 2016. That is 46.7% lower than 2015.
What was the median property price in Centrium Tower 3 in 2016?
The median sale price was ⃃ 832,881 and the median price per square foot ⃃ 877 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Centrium Tower 3 were off-plan or from developers?
Developer (primary) sales were 62.5% of the 16 sales and resales 37.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/centrium-tower-3/2016