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Master Project · Transactions · 2015

Festival City Property Transactions 2015

31 property sales worth ⃃ 92.2M were registered in Festival City in 2015, 76.7% lower than 2014 by number of sales. The median sale price was ⃃ 2,943,000 and the median price per square foot ⃃ 1,382 (−0.7% on 2014).

Period: 1 Jan – 31 Dec 2015Compared with: 2014Sample: 31 salesUpdated: 15 Nov 2026
Property sales
31
−76.7% vs 2014
1 Jan – 31 Dec 2015
Total value
⃃ 92.2M
−78.9% vs 2014
1 Jan – 31 Dec 2015
Median sale price
⃃ 2,943,000
−7.7% vs 2014
31 sales
Median price per sq ft
⃃ 1,382
−0.7% vs 2014
31 sales

What types of property sold in Festival City in 2015?

1 Jan – 31 Dec 2015

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3096.8%⃃ 84.07M⃃ 2,894,000⃃ 1,380
Villas13.2%⃃ 8.13M⃃ 8,127,000⃃ 1,514

How were 2015 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)2477.4%⃃ 77.68M⃃ 3,096,500⃃ 1,439
Resale (secondary)722.6%⃃ 14.52M⃃ 2,320,000⃃ 1,264
Ready31100%⃃ 92.2M⃃ 2,943,000⃃ 1,382

How many rental contracts were registered in Festival City in 2015?

354 rental contracts (new and renewed) were registered in Festival City in 2015, at a median annual rent of ⃃ 360,000 (+24.5% on 2014). Rental yields in Festival City

What were the most expensive property sales in Festival City in 2015?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
04/02/2015Festival City4 beds · Villa4,026 sq ft⃃ 8,127,000Primary · Ready
05/03/2015Al Badia Hillside 13 beds · Apartment3,468 sq ft⃃ 5,643,000Primary · Ready
15/06/2015Al Badia Residences Buildings 33 beds · Apartment3,943 sq ft⃃ 4,962,000Primary · Ready
18/10/2015Al Badia Residences Buildings 113 beds · Apartment3,110 sq ft⃃ 4,736,000Primary · Ready
05/03/2015Al Badia Hillside 63 beds · Apartment2,596 sq ft⃃ 3,809,000Primary · Ready
25/11/2015Al Badia Residences Buildings 33 beds · Apartment2,503 sq ft⃃ 3,780,000Primary · Ready
25/03/2015Al Badia Residences Buildings 33 beds · Apartment3,062 sq ft⃃ 3,611,000Primary · Ready
23/02/2015Al Badia Hillside 63 beds · Apartment2,374 sq ft⃃ 3,436,000Primary · Ready
20/12/2015Al Badia Hillside 33 beds · Apartment2,872 sq ft⃃ 3,395,000Primary · Ready
13/09/2015Al Badia Residences Buildings 83 beds · Apartment2,528 sq ft⃃ 3,200,000Resale · Ready

What were the last registered sales of 2015?

DatePropertyTypeSizePriceMarket
29/12/2015Al Badia Residences Buildings 112 beds · Apartment1,740 sq ft⃃ 2,400,000Resale · Ready
20/12/2015Al Badia Hillside 33 beds · Apartment2,872 sq ft⃃ 3,395,000Primary · Ready
25/11/2015Al Badia Residences Buildings 33 beds · Apartment2,503 sq ft⃃ 3,780,000Primary · Ready
22/11/2015Al Badia Hillside 7Studio · Apartment853 sq ft⃃ 1,322,000Primary · Ready
18/10/2015Al Badia Residences Buildings 113 beds · Apartment3,110 sq ft⃃ 4,736,000Primary · Ready
13/09/2015Al Badia Residences Buildings 83 beds · Apartment2,528 sq ft⃃ 3,200,000Resale · Ready
07/09/2015Al Badia Hillside 32 beds · Apartment1,844 sq ft⃃ 2,845,000Primary · Ready
26/08/2015Al Badia Residences Buildings 82 beds · Apartment1,747 sq ft⃃ 2,320,000Resale · Ready
24/08/2015Al Badia Residences Buildings 82 beds · Apartment1,740 sq ft⃃ 2,943,000Primary · Ready
16/08/2015Al Badia Hillside 72 beds · Apartment2,498 sq ft⃃ 2,778,000Primary · 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 2015 with the whole of 2014.
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/festival-city/2015
Festival City Property Transactions 2015. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/festival-city/2015

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 Festival City in 2015?
31 property sales worth ⃃ 92,200,000 were registered in Festival City in 2015. That is 76.7% lower than 2014.
What was the median property price in Festival City in 2015?
The median sale price was ⃃ 2,943,000 and the median price per square foot ⃃ 1,382 (1 Jan – 31 Dec 2015).
What share of 2015 sales in Festival City were off-plan or from developers?
Developer (primary) sales were 77.4% of the 31 sales and resales 22.6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/festival-city/2015