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Project · Transactions · 2017

I - Rise Tower Property Transactions 2017

31 property sales worth ⃃ 47.96M were registered in I - Rise Tower in 2017, 244.4% higher than 2016 by number of sales. The median sale price was ⃃ 1,080,000 and the median price per square foot ⃃ 1,004 (−11.5% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 31 salesUpdated: 14 Nov 2026
Property sales
31
+244.4% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 47.96M
+237.5% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 1,080,000
−16.1% vs 2016
31 sales
Median price per sq ft
⃃ 1,004
−11.5% vs 2016
31 sales

What types of property sold in I - Rise Tower in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial31100%⃃ 47.96M⃃ 1,080,000⃃ 1,004

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)39.7%⃃ 9.39M⃃ 4,063,980⃃ 1,200
Resale (secondary)2890.3%⃃ 38.57M⃃ 1,005,000⃃ 1,004
Ready31100%⃃ 47.96M⃃ 1,080,000⃃ 1,004

How many rental contracts were registered in I - Rise Tower in 2017?

204 rental contracts (new and renewed) were registered in I - Rise Tower in 2017, at a median annual rent of ⃃ 80,000 (−15.1% on 2016). Rental yields in I - Rise Tower

What were the most expensive property sales in I - Rise Tower in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/01/2017I - Rise TowerCommercial3,460 sq ft⃃ 4,152,588Primary · Ready
08/01/2017I - Rise TowerCommercial3,387 sq ft⃃ 4,063,980Primary · Ready
20/12/2017I - Rise TowerCommercial3,460 sq ft⃃ 3,810,000Resale · Ready
20/12/2017I - Rise TowerCommercial3,389 sq ft⃃ 3,730,000Resale · Ready
20/11/2017I - Rise TowerCommercial3,432 sq ft⃃ 3,500,000Resale · Ready
14/02/2017I - Rise TowerCommercial2,410 sq ft⃃ 2,651,000Resale · Ready
20/12/2017I - Rise TowerCommercial2,410 sq ft⃃ 2,410,000Resale · Ready
20/12/2017I - Rise TowerCommercial1,518 sq ft⃃ 1,590,000Resale · Ready
20/11/2017I - Rise TowerCommercial1,732 sq ft⃃ 1,472,000Resale · Ready
06/04/2017I - Rise TowerCommercial1,102 sq ft⃃ 1,376,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
20/12/2017I - Rise TowerCommercial672 sq ft⃃ 670,000Resale · Ready
20/12/2017I - Rise TowerCommercial909 sq ft⃃ 1,000,000Resale · Ready
20/12/2017I - Rise TowerCommercial3,460 sq ft⃃ 3,810,000Resale · Ready
20/12/2017I - Rise TowerCommercial3,389 sq ft⃃ 3,730,000Resale · Ready
20/12/2017I - Rise TowerCommercial1,518 sq ft⃃ 1,590,000Resale · Ready
20/12/2017I - Rise TowerCommercial747 sq ft⃃ 750,000Resale · Ready
20/12/2017I - Rise TowerCommercial955 sq ft⃃ 930,000Resale · Ready
20/12/2017I - Rise TowerCommercial865 sq ft⃃ 950,000Resale · Ready
20/12/2017I - Rise TowerCommercial777 sq ft⃃ 780,000Resale · Ready
20/12/2017I - Rise TowerCommercial461 sq ft⃃ 550,000Resale · 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/i-rise-tower/2017
I - Rise Tower Property Transactions 2017. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/i-rise-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 I - Rise Tower in 2017?
31 property sales worth ⃃ 47,958,488 were registered in I - Rise Tower in 2017. That is 244.4% higher than 2016.
What was the median property price in I - Rise Tower in 2017?
The median sale price was ⃃ 1,080,000 and the median price per square foot ⃃ 1,004 (1 Jan – 31 Dec 2017).
What share of 2017 sales in I - Rise Tower were off-plan or from developers?
Developer (primary) sales were 9.7% of the 31 sales and resales 90.3%. Primary/resale and off-plan/ready are different splits.

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