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Project · Transactions · 2017

Fortune Tower Property Transactions 2017

20 property sales worth ⃃ 18.98M were registered in Fortune Tower in 2017, 4.8% lower than 2016 by number of sales. The median sale price was ⃃ 805,000 and the median price per square foot ⃃ 821 (+9.4% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 20 salesUpdated: 13 Nov 2026
Property sales
20
−4.8% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 18.98M
+6.1% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 805,000
+3.9% vs 2016
20 sales
Median price per sq ft
⃃ 821
+9.4% vs 2016
20 sales

What types of property sold in Fortune Tower in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial20100%⃃ 18.98M⃃ 805,000⃃ 821

How were 2017 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)210%⃃ 932K⃃ 465,924⃃ 449
Resale (secondary)1890%⃃ 18.05M⃃ 830,000⃃ 829
Ready20100%⃃ 18.98M⃃ 805,000⃃ 821

How many rental contracts were registered in Fortune Tower in 2017?

105 rental contracts (new and renewed) were registered in Fortune Tower in 2017, at a median annual rent of ⃃ 75,000 (−11.8% on 2016). Rental yields in Fortune Tower

What were the most expensive property sales in Fortune Tower in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/05/2017Fortune TowerCommercial1,853 sq ft⃃ 1,858,000Resale · Ready
15/05/2017Fortune TowerCommercial2,058 sq ft⃃ 1,800,000Resale · Ready
09/11/2017Fortune TowerCommercial1,965 sq ft⃃ 1,700,000Resale · Ready
26/12/2017Fortune TowerCommercial1,954 sq ft⃃ 1,602,280Resale · Ready
04/05/2017Fortune TowerCommercial1,058 sq ft⃃ 1,110,000Resale · Ready
20/06/2017Fortune TowerCommercial1,035 sq ft⃃ 1,000,000Resale · Ready
23/01/2017Fortune TowerCommercial1,040 sq ft⃃ 980,000Resale · Ready
18/07/2017Fortune TowerCommercial1,040 sq ft⃃ 880,000Resale · Ready
12/07/2017Fortune TowerCommercial1,035 sq ft⃃ 850,000Resale · Ready
27/07/2017Fortune TowerCommercial941 sq ft⃃ 810,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
26/12/2017Fortune TowerCommercial1,954 sq ft⃃ 1,602,280Resale · Ready
04/12/2017Fortune TowerCommercial1,040 sq ft⃃ 700,000Resale · Ready
16/11/2017Fortune TowerCommercial974 sq ft⃃ 727,500Resale · Ready
09/11/2017Fortune TowerCommercial1,965 sq ft⃃ 1,700,000Resale · Ready
13/08/2017Fortune TowerCommercial941 sq ft⃃ 690,000Resale · Ready
27/07/2017Fortune TowerCommercial941 sq ft⃃ 810,000Resale · Ready
18/07/2017Fortune TowerCommercial1,040 sq ft⃃ 880,000Resale · Ready
12/07/2017Fortune TowerCommercial1,035 sq ft⃃ 850,000Resale · Ready
20/06/2017Fortune TowerCommercial1,035 sq ft⃃ 1,000,000Resale · Ready
20/06/2017Fortune TowerCommercial974 sq ft⃃ 750,000Resale · 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 2017 with the whole of 2016.
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/fortune-tower/2017
Fortune Tower Property Transactions 2017. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/fortune-tower/2017

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 Fortune Tower in 2017?
20 property sales worth ⃃ 18,984,627 were registered in Fortune Tower in 2017. That is 4.8% lower than 2016.
What was the median property price in Fortune Tower in 2017?
The median sale price was ⃃ 805,000 and the median price per square foot ⃃ 821 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Fortune Tower were off-plan or from developers?
Developer (primary) sales were 10% of the 20 sales and resales 90%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/fortune-tower/2017