Project · Transactions · 2016

Green Lakes Property Transactions 2016

43 property sales worth ⃃ 76.3M were registered in Green Lakes in 2016, 8.5% lower than 2015 by number of sales. The median sale price was ⃃ 1,700,000 and the median price per square foot ⃃ 1,282 (−5.3% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 43 salesUpdated: 13 Nov 2026
Property sales
43
−8.5% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 76.3M
−2.6% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,700,000
+15.3% vs 2015
43 sales
Median price per sq ft
⃃ 1,282
−5.3% vs 2015
43 sales

What types of property sold in Green Lakes in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments43100%⃃ 76.3M⃃ 1,700,000⃃ 1,282

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)49.3%⃃ 5.3M⃃ 1,100,000⃃ 966
Resale (secondary)3990.7%⃃ 71M⃃ 1,840,000⃃ 1,302
Ready43100%⃃ 76.3M⃃ 1,700,000⃃ 1,282

How many rental contracts were registered in Green Lakes in 2016?

415 rental contracts (new and renewed) were registered in Green Lakes in 2016, at a median annual rent of ⃃ 130,000 (+3.2% on 2015). Rental yields in Green Lakes

What were the most expensive property sales in Green Lakes in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
13/01/2016Green Lakes S23 beds · Apartment3,152 sq ft⃃ 3,550,000Resale · Ready
06/10/2016Green Lakes S23 beds · Apartment2,630 sq ft⃃ 3,100,000Resale · Ready
25/10/2016Green Lakes S23 beds · Apartment2,147 sq ft⃃ 2,750,000Resale · Ready
02/08/2016Green Lakes S13 beds · Apartment2,149 sq ft⃃ 2,700,000Resale · Ready
05/12/2016Green Lakes S32 beds · Apartment1,613 sq ft⃃ 2,170,000Resale · Ready
10/10/2016Green Lakes S32 beds · Apartment1,613 sq ft⃃ 2,100,000Resale · Ready
08/09/2016Green Lakes S22 beds · Apartment1,657 sq ft⃃ 2,100,000Resale · Ready
27/09/2016Green Lakes S12 beds · Apartment1,334 sq ft⃃ 2,100,000Resale · Ready
30/03/2016Green Lakes S22 beds · Apartment1,613 sq ft⃃ 2,100,000Resale · Ready
06/06/2016Green Lakes S12 beds · Apartment1,657 sq ft⃃ 2,075,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
18/12/2016Green Lakes S22 beds · Apartment1,497 sq ft⃃ 2,000,000Primary · Ready
14/12/2016Green Lakes S12 beds · Apartment1,599 sq ft⃃ 1,650,000Resale · Ready
05/12/2016Green Lakes S32 beds · Apartment1,613 sq ft⃃ 2,170,000Resale · Ready
28/11/2016Green Lakes S32 beds · Apartment1,613 sq ft⃃ 2,025,000Resale · Ready
09/11/2016Green Lakes S21 bed · Apartment979 sq ft⃃ 1,365,000Resale · Ready
06/11/2016Green Lakes S12 beds · Apartment1,138 sq ft⃃ 1,100,000Primary · Ready
25/10/2016Green Lakes S23 beds · Apartment2,147 sq ft⃃ 2,750,000Resale · Ready
19/10/2016Green Lakes S21 bed · Apartment1,139 sq ft⃃ 1,100,000Primary · Ready
12/10/2016Green Lakes S21 bed · Apartment1,198 sq ft⃃ 1,100,000Primary · Ready
10/10/2016Green Lakes S32 beds · Apartment1,613 sq ft⃃ 2,100,000Resale · 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/green-lakes/2016
Green Lakes Property Transactions 2016. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/green-lakes/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 Green Lakes in 2016?
43 property sales worth ⃃ 76,296,650 were registered in Green Lakes in 2016. That is 8.5% lower than 2015.
What was the median property price in Green Lakes in 2016?
The median sale price was ⃃ 1,700,000 and the median price per square foot ⃃ 1,282 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Green Lakes were off-plan or from developers?
Developer (primary) sales were 9.3% of the 43 sales and resales 90.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/green-lakes/2016