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Building · Transactions · 2016

Icon 1 Property Transactions 2016

35 property sales worth ⃃ 36.48M were registered in Icon 1 in 2016, 16.7% higher than 2015 by number of sales. The median sale price was ⃃ 1,050,000 and the median price per square foot ⃃ 1,008 (−11.0% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 35 salesUpdated: 14 Nov 2026
Property sales
35
+16.7% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 36.48M
+3.0% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,050,000
−12.5% vs 2015
35 sales
Median price per sq ft
⃃ 1,008
−11.0% vs 2015
35 sales

What types of property sold in Icon 1 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments35100%⃃ 36.48M⃃ 1,050,000⃃ 1,008

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)35100%⃃ 36.48M⃃ 1,050,000⃃ 1,008
Ready35100%⃃ 36.48M⃃ 1,050,000⃃ 1,008

How many rental contracts were registered in Icon 1 in 2016?

162 rental contracts (new and renewed) were registered in Icon 1 in 2016, at a median annual rent of ⃃ 90,000 (0.0% on 2015). Rental yields in Icon 1

What were the most expensive property sales in Icon 1 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/06/2016Icon 12 beds · Apartment1,328 sq ft⃃ 1,300,000Resale · Ready
24/02/2016Icon 12 beds · Apartment1,194 sq ft⃃ 1,290,000Resale · Ready
21/12/2016Icon 12 beds · Apartment1,205 sq ft⃃ 1,250,000Resale · Ready
10/08/2016Icon 12 beds · Apartment1,326 sq ft⃃ 1,250,000Resale · Ready
28/12/2016Icon 12 beds · Apartment1,328 sq ft⃃ 1,250,000Resale · Ready
16/06/2016Icon 12 beds · Apartment1,326 sq ft⃃ 1,200,000Resale · Ready
11/10/2016Icon 12 beds · Apartment1,194 sq ft⃃ 1,200,000Resale · Ready
15/11/2016Icon 12 beds · Apartment1,205 sq ft⃃ 1,200,000Resale · Ready
16/11/2016Icon 11 bed · Apartment1,183 sq ft⃃ 1,200,000Resale · Ready
07/12/2016Icon 11 bed · Apartment1,183 sq ft⃃ 1,200,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
28/12/2016Icon 12 beds · Apartment1,328 sq ft⃃ 1,250,000Resale · Ready
21/12/2016Icon 12 beds · Apartment1,205 sq ft⃃ 1,250,000Resale · Ready
07/12/2016Icon 11 bed · Apartment1,183 sq ft⃃ 1,200,000Resale · Ready
06/12/2016Icon 1Studio · Apartment437 sq ft⃃ 660,000Resale · Ready
29/11/2016Icon 12 beds · Apartment1,089 sq ft⃃ 1,150,000Resale · Ready
16/11/2016Icon 11 bed · Apartment1,183 sq ft⃃ 1,200,000Resale · Ready
16/11/2016Icon 11 bed · Apartment840 sq ft⃃ 850,000Resale · Ready
16/11/2016Icon 11 bed · Apartment810 sq ft⃃ 900,000Resale · Ready
16/11/2016Icon 11 bed · Apartment713 sq ft⃃ 950,000Resale · Ready
16/11/2016Icon 11 bed · Apartment1,158 sq ft⃃ 975,000Resale · 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/icon-1/2016
Icon 1 Property Transactions 2016. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/icon-1/2016

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 Icon 1 in 2016?
35 property sales worth ⃃ 36,476,438 were registered in Icon 1 in 2016. That is 16.7% higher than 2015.
What was the median property price in Icon 1 in 2016?
The median sale price was ⃃ 1,050,000 and the median price per square foot ⃃ 1,008 (1 Jan – 31 Dec 2016).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/icon-1/2016