Project · Transactions · 2016

Millennium Estates Property Transactions 2016

47 property sales worth ⃃ 343.24M were registered in Millennium Estates in 2016, 65.9% lower than 2015 by number of sales. The median sale price was ⃃ 7,597,545 and the median price per square foot ⃃ 1,015 (−0.4% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 47 salesUpdated: 12 Nov 2026
Property sales
47
−65.9% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 343.24M
−68.1% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 7,597,545
−5.6% vs 2015
47 sales
Median price per sq ft
⃃ 1,015
−0.4% vs 2015
47 sales

What types of property sold in Millennium Estates in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas47100%⃃ 343.24M⃃ 7,597,545⃃ 1,015

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)919.1%⃃ 66.27M⃃ 7,447,545⃃ 992
Resale (secondary)3880.9%⃃ 276.96M⃃ 7,598,773⃃ 1,017
Off-plan47100%⃃ 343.24M⃃ 7,597,545⃃ 1,015

How many rental contracts were registered in Millennium Estates in 2016?

11 rental contracts (new and renewed) were registered in Millennium Estates in 2016, at a median annual rent of ⃃ 310,000. Rental yields in Millennium Estates

What were the most expensive property sales in Millennium Estates in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
06/04/2016Millennium Estates5 beds · Villa10,344 sq ft⃃ 9,213,750Resale · Off-plan
15/12/2016Millennium Estates5 beds · Villa9,839 sq ft⃃ 9,091,480Resale · Off-plan
17/04/2016Millennium Estates5 beds · Villa10,344 sq ft⃃ 8,787,215Primary · Off-plan
16/08/2016Millennium Estates5 beds · Villa11,408 sq ft⃃ 8,600,000Resale · Off-plan
21/07/2016Millennium Estates5 beds · Villa11,198 sq ft⃃ 8,500,000Resale · Off-plan
14/04/2016Millennium Estates5 beds · Villa10,344 sq ft⃃ 8,250,000Resale · Off-plan
28/03/2016Millennium Estates5 beds · Villa10,346 sq ft⃃ 8,218,665Resale · Off-plan
14/04/2016Millennium Estates5 beds · Villa10,344 sq ft⃃ 8,218,665Resale · Off-plan
06/10/2016Millennium Estates5 beds · Villa10,344 sq ft⃃ 8,200,000Resale · Off-plan
11/04/2016Millennium Estates5 beds · Villa10,344 sq ft⃃ 8,181,810Resale · Off-plan

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
15/12/2016Millennium Estates5 beds · Villa9,839 sq ft⃃ 9,091,480Resale · Off-plan
12/12/2016Millennium Estates5 beds · Villa10,344 sq ft⃃ 8,100,000Resale · Off-plan
09/11/2016Millennium Estates5 beds · Villa9,791 sq ft⃃ 7,447,545Primary · Off-plan
06/11/2016Millennium Estates5 beds · Villa10,345 sq ft⃃ 8,100,000Resale · Off-plan
12/10/2016Millennium Estates5 beds · Villa7,508 sq ft⃃ 6,021,415Resale · Off-plan
06/10/2016Millennium Estates5 beds · Villa10,344 sq ft⃃ 8,200,000Resale · Off-plan
25/09/2016Millennium Estates5 beds · Villa9,853 sq ft⃃ 7,762,230Primary · Off-plan
08/09/2016Millennium Estates5 beds · Villa7,508 sq ft⃃ 6,100,000Resale · Off-plan
07/09/2016Millennium Estates5 beds · Villa7,508 sq ft⃃ 6,550,000Resale · Off-plan
07/09/2016Millennium Estates5 beds · Villa10,344 sq ft⃃ 8,000,000Primary · Off-plan

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/millennium-estates/2016
Millennium Estates Property Transactions 2016. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/millennium-estates/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 Millennium Estates in 2016?
47 property sales worth ⃃ 343,238,474 were registered in Millennium Estates in 2016. That is 65.9% lower than 2015.
What was the median property price in Millennium Estates in 2016?
The median sale price was ⃃ 7,597,545 and the median price per square foot ⃃ 1,015 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Millennium Estates were off-plan or from developers?
Developer (primary) sales were 19.1% of the 47 sales and resales 80.9%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

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