Skip to content

Building · Transactions · 2016

Le Presidium Tower 1 Property Transactions 2016

108 property sales worth ⃃ 81.98M were registered in Le Presidium Tower 1 in 2016, 5300.0% higher than 2015 by number of sales. The median sale price was ⃃ 699,881 and the median price per square foot ⃃ 756 (−17.3% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 108 salesUpdated: 14 Nov 2026
Property sales
108
+5300.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 81.98M
+3571.0% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 699,881
−37.3% vs 2015
108 sales
Median price per sq ft
⃃ 756
−17.3% vs 2015
108 sales

What types of property sold in Le Presidium Tower 1 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments10698.1%⃃ 78.27M⃃ 699,762⃃ 756
Commercial21.9%⃃ 3.71M⃃ 1,855,703⃃ 1,531

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)7872.2%⃃ 56.69M⃃ 694,833⃃ 740
Resale (secondary)3027.8%⃃ 25.29M⃃ 707,500⃃ 788
Off-plan5651.9%⃃ 40.08M⃃ 667,537⃃ 735
Ready5248.1%⃃ 41.9M⃃ 705,000⃃ 779

How many rental contracts were registered in Le Presidium Tower 1 in 2016?

7 rental contracts (new and renewed) were registered in Le Presidium Tower 1 in 2016, at a median annual rent of ⃃ 60,000. Rental yields in Le Presidium Tower 1

What were the most expensive property sales in Le Presidium Tower 1 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
29/11/2016Le Presidium Tower 1Commercial1,514 sq ft⃃ 2,271,405Resale · Ready
20/10/2016Le Presidium Tower 1Commercial922 sq ft⃃ 1,440,000Resale · Ready
17/10/2016Le Presidium Tower 12 beds · Apartment1,276 sq ft⃃ 1,160,000Resale · Ready
02/11/2016Le Presidium Tower 12 beds · Apartment1,276 sq ft⃃ 1,160,000Resale · Ready
25/12/2016Le Presidium Tower 12 beds · Apartment1,274 sq ft⃃ 1,035,000Resale · Ready
11/10/2016Le Presidium Tower 12 beds · Apartment1,276 sq ft⃃ 1,035,000Resale · Ready
09/11/2016Le Presidium Tower 12 beds · Apartment1,274 sq ft⃃ 1,009,254Primary · Ready
24/11/2016Le Presidium Tower 12 beds · Apartment1,274 sq ft⃃ 1,005,000Resale · Ready
01/09/2016Le Presidium Tower 12 beds · Apartment1,274 sq ft⃃ 1,002,701Resale · Ready
19/12/2016Le Presidium Tower 12 beds · Apartment1,276 sq ft⃃ 1,002,700Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
27/12/2016Le Presidium Tower 11 bed · Apartment1,009 sq ft⃃ 780,000Resale · Ready
27/12/2016Le Presidium Tower 11 bed · Apartment1,009 sq ft⃃ 780,000Resale · Ready
25/12/2016Le Presidium Tower 12 beds · Apartment1,274 sq ft⃃ 1,035,000Resale · Ready
22/12/2016Le Presidium Tower 11 bed · Apartment912 sq ft⃃ 695,000Resale · Ready
19/12/2016Le Presidium Tower 12 beds · Apartment1,276 sq ft⃃ 1,002,700Resale · Ready
18/12/2016Le Presidium Tower 11 bed · Apartment724 sq ft⃃ 594,183Primary · Ready
15/12/2016Le Presidium Tower 11 bed · Apartment1,009 sq ft⃃ 773,352Primary · Ready
15/12/2016Le Presidium Tower 12 beds · Apartment1,276 sq ft⃃ 963,379Primary · Ready
15/12/2016Le Presidium Tower 11 bed · Apartment912 sq ft⃃ 676,744Primary · Ready
15/12/2016Le Presidium Tower 11 bed · Apartment1,010 sq ft⃃ 773,352Primary · 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/le-presidium-tower-1/2016
Le Presidium Tower 1 Property Transactions 2016. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/le-presidium-tower-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 Le Presidium Tower 1 in 2016?
108 property sales worth ⃃ 81,978,388 were registered in Le Presidium Tower 1 in 2016. That is 5300.0% higher than 2015.
What was the median property price in Le Presidium Tower 1 in 2016?
The median sale price was ⃃ 699,881 and the median price per square foot ⃃ 756 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Le Presidium Tower 1 were off-plan or from developers?
Developer (primary) sales were 72.2% of the 108 sales and resales 27.8%. Off-plan units made up 51.9% and ready units 48.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/le-presidium-tower-1/2016