Project · Transactions · 2016

Lake View Property Transactions 2016

39 property sales worth ⃃ 39.49M were registered in Lake View in 2016, 4.9% lower than 2015 by number of sales. The median sale price was ⃃ 700,000 and the median price per square foot ⃃ 1,456 (+1.9% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 39 salesUpdated: 13 Nov 2026
Property sales
39
−4.9% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 39.49M
+0.8% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 700,000
−8.5% vs 2015
39 sales
Median price per sq ft
⃃ 1,456
+1.9% vs 2015
39 sales

What types of property sold in Lake View in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3692.3%⃃ 37.79M⃃ 705,000⃃ 1,401
Commercial37.7%⃃ 1.7M⃃ 665,000⃃ 1,456

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)37.7%⃃ 9.41M⃃ 2,503,031⃃ 590
Resale (secondary)3692.3%⃃ 30.08M⃃ 689,000⃃ 1,482
Ready39100%⃃ 39.49M⃃ 700,000⃃ 1,456

How many rental contracts were registered in Lake View in 2016?

253 rental contracts (new and renewed) were registered in Lake View in 2016, at a median annual rent of ⃃ 72,765 (+4.0% on 2015). Rental yields in Lake View

What were the most expensive property sales in Lake View in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/04/2016Lake View4 beds · Apartment7,853 sq ft⃃ 6,210,000Primary · Ready
01/11/2016Lake View4 beds · Apartment4,467 sq ft⃃ 2,503,031Primary · Ready
17/07/2016Lake View2 beds · Apartment1,560 sq ft⃃ 1,620,000Resale · Ready
23/02/2016Lake View2 beds · Apartment1,546 sq ft⃃ 1,515,000Resale · Ready
23/05/2016Lake View4 beds · Apartment1,520 sq ft⃃ 1,415,000Resale · Ready
19/05/2016Lake View2 beds · Apartment1,538 sq ft⃃ 1,400,000Resale · Ready
04/01/2016Lake View2 beds · Apartment1,541 sq ft⃃ 1,400,000Resale · Ready
11/02/2016Lake View2 beds · Apartment1,532 sq ft⃃ 1,300,000Resale · Ready
21/02/2016Lake View2 beds · Apartment1,419 sq ft⃃ 1,275,000Resale · Ready
09/11/2016Lake View1 bed · Apartment855 sq ft⃃ 1,050,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
19/12/2016Lake ViewCommercial433 sq ft⃃ 665,000Resale · Ready
13/12/2016Lake View1 bed · Apartment855 sq ft⃃ 860,000Resale · Ready
16/11/2016Lake ViewStudio · Apartment415 sq ft⃃ 700,000Resale · Ready
16/11/2016Lake ViewStudio · Apartment415 sq ft⃃ 650,000Resale · Ready
09/11/2016Lake View1 bed · Apartment855 sq ft⃃ 1,050,000Resale · Ready
01/11/2016Lake View4 beds · Apartment4,467 sq ft⃃ 2,503,031Primary · Ready
27/10/2016Lake ViewStudio · Apartment420 sq ft⃃ 670,000Resale · Ready
18/10/2016Lake View2 beds · Apartment1,563 sq ft⃃ 1,000,000Resale · Ready
05/10/2016Lake ViewStudio · Apartment420 sq ft⃃ 675,000Resale · Ready
21/09/2016Lake ViewStudio · Apartment415 sq ft⃃ 620,000Resale · 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/lake-view/2016
Lake View Property Transactions 2016. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/lake-view/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 Lake View in 2016?
39 property sales worth ⃃ 39,489,031 were registered in Lake View in 2016. That is 4.9% lower than 2015.
What was the median property price in Lake View in 2016?
The median sale price was ⃃ 700,000 and the median price per square foot ⃃ 1,456 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Lake View were off-plan or from developers?
Developer (primary) sales were 7.7% of the 39 sales and resales 92.3%. Primary/resale and off-plan/ready are different splits.

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