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Project · Transactions · 2016

Grosvenor Business Tower Property Transactions 2016

14 property sales worth ⃃ 30.01M were registered in Grosvenor Business Tower in 2016, 7.7% higher than 2015 by number of sales. The median sale price was ⃃ 2,001,000 and the median price per square foot ⃃ 684 (−34.5% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 14 salesUpdated: 15 Nov 2026
Property sales
14
+7.7% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 30.01M
+63.5% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 2,001,000
+36.1% vs 2015
14 sales
Median price per sq ft
⃃ 684
−34.5% vs 2015
14 sales

What types of property sold in Grosvenor Business Tower in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial14100%⃃ 30.01M⃃ 2,001,000⃃ 684

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
Resale (secondary)14100%⃃ 30.01M⃃ 2,001,000⃃ 684
Ready14100%⃃ 30.01M⃃ 2,001,000⃃ 684

How many rental contracts were registered in Grosvenor Business Tower in 2016?

93 rental contracts (new and renewed) were registered in Grosvenor Business Tower in 2016, at a median annual rent of ⃃ 108,360 (−1.5% on 2015). Rental yields in Grosvenor Business Tower

What were the most expensive property sales in Grosvenor Business Tower in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/06/2016Grosvenor Business TowerCommercial3,906 sq ft⃃ 5,500,000Resale · Ready
31/10/2016Grosvenor Business TowerCommercial4,204 sq ft⃃ 3,215,777Resale · Ready
04/02/2016Grosvenor Business TowerCommercial3,895 sq ft⃃ 2,485,000Resale · Ready
29/02/2016Grosvenor Business TowerCommercial4,204 sq ft⃃ 2,480,000Resale · Ready
28/02/2016Grosvenor Business TowerCommercial3,659 sq ft⃃ 2,180,000Resale · Ready
15/11/2016Grosvenor Business TowerCommercial2,797 sq ft⃃ 2,097,915Resale · Ready
13/06/2016Grosvenor Business TowerCommercial2,995 sq ft⃃ 2,070,000Resale · Ready
28/02/2016Grosvenor Business TowerCommercial3,205 sq ft⃃ 1,932,000Resale · Ready
13/06/2016Grosvenor Business TowerCommercial2,797 sq ft⃃ 1,895,000Resale · Ready
30/06/2016Grosvenor Business TowerCommercial1,276 sq ft⃃ 1,620,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
23/11/2016Grosvenor Business TowerCommercial1,537 sq ft⃃ 1,000,000Resale · Ready
16/11/2016Grosvenor Business TowerCommercial1,407 sq ft⃃ 850,000Resale · Ready
16/11/2016Grosvenor Business TowerCommercial1,864 sq ft⃃ 1,572,450Resale · Ready
15/11/2016Grosvenor Business TowerCommercial2,797 sq ft⃃ 2,097,915Resale · Ready
31/10/2016Grosvenor Business TowerCommercial4,204 sq ft⃃ 3,215,777Resale · Ready
30/06/2016Grosvenor Business TowerCommercial1,276 sq ft⃃ 1,620,000Resale · Ready
28/06/2016Grosvenor Business TowerCommercial3,906 sq ft⃃ 5,500,000Resale · Ready
13/06/2016Grosvenor Business TowerCommercial2,995 sq ft⃃ 2,070,000Resale · Ready
13/06/2016Grosvenor Business TowerCommercial2,797 sq ft⃃ 1,895,000Resale · Ready
07/04/2016Grosvenor Business TowerCommercial1,381 sq ft⃃ 1,109,600Resale · 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/grosvenor-business-tower/2016
Grosvenor Business Tower Property Transactions 2016. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/grosvenor-business-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 Grosvenor Business Tower in 2016?
14 property sales worth ⃃ 30,007,742 were registered in Grosvenor Business Tower in 2016. That is 7.7% higher than 2015.
What was the median property price in Grosvenor Business Tower in 2016?
The median sale price was ⃃ 2,001,000 and the median price per square foot ⃃ 684 (1 Jan – 31 Dec 2016).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/grosvenor-business-tower/2016