Project · Transactions · 2016

Centrium Tower Property Transactions 2016

71 property sales worth ⃃ 63.55M were registered in Centrium Tower in 2016, 52.7% lower than 2015 by number of sales. The median sale price was ⃃ 773,784 and the median price per square foot ⃃ 883 (−1.6% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 71 salesUpdated: 13 Nov 2026
Property sales
71
−52.7% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 63.55M
−52.7% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 773,784
−7.4% vs 2015
71 sales
Median price per sq ft
⃃ 883
−1.6% vs 2015
71 sales

What types of property sold in Centrium Tower in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments7098.6%⃃ 59.05M⃃ 773,190⃃ 882
Commercial11.4%⃃ 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)4766.2%⃃ 40.58M⃃ 772,596⃃ 958
Resale (secondary)2433.8%⃃ 22.98M⃃ 805,000⃃ 854
Ready71100%⃃ 63.55M⃃ 773,784⃃ 883

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

253 rental contracts (new and renewed) were registered in Centrium Tower in 2016, at a median annual rent of ⃃ 74,000 (+3.5% on 2015). Rental yields in Centrium Tower

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
24/10/2016Centrium Tower 1Commercial2,872 sq ft⃃ 4,500,000Resale · Ready
15/08/2016Centrium Tower 43 beds · Apartment1,360 sq ft⃃ 1,499,744Primary · Ready
05/01/2016Centrium Tower 43 beds · Apartment1,361 sq ft⃃ 1,402,251Primary · Ready
14/04/2016Centrium Tower 13 beds · Apartment1,433 sq ft⃃ 1,395,083Primary · Ready
05/01/2016Centrium Tower 43 beds · Apartment1,359 sq ft⃃ 1,328,975Primary · Ready
04/01/2016Centrium Tower 23 beds · Apartment1,361 sq ft⃃ 1,306,439Primary · Ready
19/01/2016Centrium Tower 43 beds · Apartment1,361 sq ft⃃ 1,303,864Primary · Ready
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
26/05/2016Centrium Tower 13 beds · Apartment1,786 sq ft⃃ 1,148,378Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
07/12/2016Centrium Tower 31 bed · Apartment716 sq ft⃃ 630,000Resale · Ready
22/11/2016Centrium Tower 22 beds · Apartment951 sq ft⃃ 810,000Resale · Ready
10/11/2016Centrium Tower 31 bed · Apartment716 sq ft⃃ 650,000Resale · Ready
02/11/2016Centrium Tower 12 beds · Apartment969 sq ft⃃ 845,000Resale · Ready
27/10/2016Centrium Tower 41 bed · Apartment715 sq ft⃃ 630,000Resale · Ready
26/10/2016Centrium Tower 21 bed · Apartment716 sq ft⃃ 630,000Resale · Ready
26/10/2016Centrium Tower 11 bed · Apartment713 sq ft⃃ 620,000Resale · Ready
25/10/2016Centrium Tower 42 beds · Apartment951 sq ft⃃ 840,000Primary · 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

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/2016
Centrium Tower Property Transactions 2016. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/centrium-tower/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 in 2016?
71 property sales worth ⃃ 63,554,606 were registered in Centrium Tower in 2016. That is 52.7% lower than 2015.
What was the median property price in Centrium Tower in 2016?
The median sale price was ⃃ 773,784 and the median price per square foot ⃃ 883 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Centrium Tower were off-plan or from developers?
Developer (primary) sales were 66.2% of the 71 sales and resales 33.8%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/centrium-tower/2016