Area · Transactions · 2016

Hessyan First Property Transactions 2016

25 property sales worth ⃃ 49.79M were registered in Hessyan First in 2016, 62.1% lower than 2015 by number of sales. The median sale price was ⃃ 1,020,288 and the median price per square foot ⃃ 942 (−34.9% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 25 salesUpdated: 12 Nov 2026
Property sales
25
−62.1% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 49.79M
−82.6% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,020,288
−49.3% vs 2015
25 sales
Median price per sq ft
⃃ 942
−34.9% vs 2015
25 sales

What types of property sold in Hessyan First in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas832%⃃ 32.65M⃃ 1,666,550⃃ 1,277

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)832%⃃ 35.08M⃃ 3,028,624⃃ 1,373
Resale (secondary)1768%⃃ 14.72M⃃ 886,700⃃ 855
Ready25100%⃃ 49.79M⃃ 1,020,288⃃ 942

How many rental contracts were registered in Hessyan First in 2016?

116 rental contracts (new and renewed) were registered in Hessyan First in 2016, at a median annual rent of ⃃ 97,500 (−1.6% on 2015). Rental yields in Hessyan First

What were the most expensive property sales in Hessyan First in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
29/08/2016Dubai Water Front Veneto4 beds · Villa14,747 sq ft⃃ 9,194,900Primary · Ready
31/03/2016Dubai Water Front Veneto4 beds · Villa8,621 sq ft⃃ 8,401,900Primary · Ready
31/03/2016Dubai Water Front Veneto4 beds · Villa8,623 sq ft⃃ 8,401,900Primary · Ready
04/10/2016Dubai Water FrontPlot92,839 sq ft⃃ 4,224,147Primary · Ready
11/08/2016Badra Phase 12 beds · Villa1,010 sq ft⃃ 1,833,100Primary · Ready
02/06/2016Badra Phase 13 beds · Villa1,028 sq ft⃃ 1,500,000Resale · Ready
30/11/2016Manara 82 beds · Apartment1,016 sq ft⃃ 1,269,500Resale · Ready
27/11/2016Manara 82 beds · Apartment1,254 sq ft⃃ 1,260,600Primary · Ready
01/06/2016Badra Phase 12 beds · Villa1,024 sq ft⃃ 1,250,000Resale · Ready
31/05/2016Manara 83 beds · Apartment1,411 sq ft⃃ 1,125,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
30/11/2016Manara 82 beds · Apartment1,016 sq ft⃃ 1,269,500Resale · Ready
27/11/2016Manara 82 beds · Apartment1,254 sq ft⃃ 1,260,600Primary · Ready
22/11/2016Manara 6Studio · Apartment506 sq ft⃃ 634,300Resale · Ready
15/11/2016Manara 3Studio · Apartment512 sq ft⃃ 420,000Resale · Ready
09/11/2016Manara 41 bed · Apartment712 sq ft⃃ 886,700Resale · Ready
09/11/2016Manara 11 bed · Apartment712 sq ft⃃ 886,700Primary · Ready
31/10/2016Manara 11 bed · Apartment1,536 sq ft⃃ 864,100Resale · Ready
26/10/2016Manara 31 bed · Apartment703 sq ft⃃ 886,700Resale · Ready
13/10/2016Manara 11 bed · Apartment1,028 sq ft⃃ 872,700Primary · Ready
04/10/2016Dubai Water FrontPlot92,839 sq ft⃃ 4,224,147Primary · 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/hessyan-first/2016
Hessyan First Property Transactions 2016. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/hessyan-first/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 Hessyan First in 2016?
25 property sales worth ⃃ 49,794,535 were registered in Hessyan First in 2016. That is 62.1% lower than 2015.
What was the median property price in Hessyan First in 2016?
The median sale price was ⃃ 1,020,288 and the median price per square foot ⃃ 942 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Hessyan First were off-plan or from developers?
Developer (primary) sales were 32% of the 25 sales and resales 68%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/hessyan-first/2016