Area · Transactions · 2016

Hadaeq Sheikh Mohammed Bin Rashid Property Transactions 2016

1,374 property sales worth ⃃ 5.1B were registered in Hadaeq Sheikh Mohammed Bin Rashid in 2016, 97.4% higher than 2015 by number of sales. The median sale price was ⃃ 2,819,888 and the median price per square foot ⃃ 1,068 (+0.6% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 1,374 salesUpdated: 13 Nov 2026
Property sales
1,374
+97.4% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 5.1B
+134.1% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 2,819,888
+7.6% vs 2015
1,374 sales
Median price per sq ft
⃃ 1,068
+0.6% vs 2015
1,374 sales

What types of property sold in Hadaeq Sheikh Mohammed Bin Rashid in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments14910.8%⃃ 232.15M⃃ 1,476,888⃃ 1,408
Villas50136.5%⃃ 2.6B⃃ 4,196,888⃃ 1,195

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)1,32696.5%⃃ 4.8B⃃ 2,826,888⃃ 1,074
Resale (secondary)483.5%⃃ 314.06M⃃ 2,646,388⃃ 1,004
Off-plan1,27592.8%⃃ 4.3B⃃ 2,746,888⃃ 1,108
Ready997.2%⃃ 823.49M⃃ 5,453,888⃃ 472

How many rental contracts were registered in Hadaeq Sheikh Mohammed Bin Rashid in 2016?

5 rental contracts (new and renewed) were registered in Hadaeq Sheikh Mohammed Bin Rashid in 2016, at a median annual rent of ⃃ 50,000 (+100.0% on 2015). Rental yields in Hadaeq Sheikh Mohammed Bin Rashid

What were the most expensive property sales in Hadaeq Sheikh Mohammed Bin Rashid in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/09/2016Dubai Hills EstatePlot1,199,999 sq ft⃃ 177,100,000Resale · Ready
24/03/2016Acacia At Park HeightsPlot148,318 sq ft⃃ 105,000,000Primary · Ready
24/07/2016Hadaeq Sheikh Mohammed Bin RashidPlot32,518 sq ft⃃ 28,097,888Primary · Ready
01/05/2016Dubai Hills - Hills Grove CommunityVilla29,349 sq ft⃃ 19,217,888Primary · Off-plan
10/11/2016Fairway Vistas6 beds · Villa20,610 sq ft⃃ 18,264,888Primary · Off-plan
28/07/2016Fairway Vistas6 beds · Villa16,991 sq ft⃃ 16,601,888Primary · Off-plan
24/07/2016Fairway Vistas6 beds · Villa16,090 sq ft⃃ 16,543,888Primary · Off-plan
27/07/2016Fairway Vistas6 beds · Villa15,550 sq ft⃃ 16,500,888Primary · Off-plan
27/07/2016Fairway Vistas6 beds · Villa13,556 sq ft⃃ 16,369,888Primary · Off-plan
21/07/2016Fairway Vistas6 beds · Villa13,344 sq ft⃃ 16,285,888Primary · Off-plan

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
28/12/2016Park Point Building A1 bed · Apartment672 sq ft⃃ 922,888Primary · Off-plan
28/12/2016Park Point Building A2 beds · Apartment1,053 sq ft⃃ 1,417,888Primary · Off-plan
28/12/2016Park Point Building A2 beds · Apartment1,049 sq ft⃃ 1,415,888Primary · Off-plan
28/12/2016Park Point Building A1 bed · Apartment671 sq ft⃃ 927,888Primary · Off-plan
28/12/2016Park Point Building A1 bed · Apartment655 sq ft⃃ 844,888Primary · Off-plan
28/12/2016Park Point Building C1 bed · Apartment696 sq ft⃃ 919,888Primary · Off-plan
28/12/2016Park Point Building C1 bed · Apartment688 sq ft⃃ 909,888Primary · Off-plan
28/12/2016Park Point Building C1 bed · Apartment688 sq ft⃃ 916,888Primary · Off-plan
28/12/2016Park Point Building C1 bed · Apartment700 sq ft⃃ 952,888Primary · Off-plan
28/12/2016Park Point Building C1 bed · Apartment691 sq ft⃃ 969,888Primary · Off-plan

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/hadaeq-sheikh-mohammed-bin-rashid/2016
Hadaeq Sheikh Mohammed Bin Rashid Property Transactions 2016. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/hadaeq-sheikh-mohammed-bin-rashid/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 Hadaeq Sheikh Mohammed Bin Rashid in 2016?
1,374 property sales worth ⃃ 5,148,693,879 were registered in Hadaeq Sheikh Mohammed Bin Rashid in 2016. That is 97.4% higher than 2015.
What was the median property price in Hadaeq Sheikh Mohammed Bin Rashid in 2016?
The median sale price was ⃃ 2,819,888 and the median price per square foot ⃃ 1,068 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Hadaeq Sheikh Mohammed Bin Rashid were off-plan or from developers?
Developer (primary) sales were 96.5% of the 1,374 sales and resales 3.5%. Off-plan units made up 92.8% and ready units 7.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/hadaeq-sheikh-mohammed-bin-rashid/2016