Area · Transactions · 2017

Nad Al Sheba First Property Transactions 2017

341 property sales worth ⃃ 1.5B were registered in Nad Al Sheba First in 2017, 32.9% lower than 2016 by number of sales. The median sale price was ⃃ 1,756,000 and the median price per square foot ⃃ 1,188 (−0.6% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 341 salesUpdated: 12 Nov 2026
Property sales
341
−32.9% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 1.5B
−32.6% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 1,756,000
−56.0% vs 2016
341 sales
Median price per sq ft
⃃ 1,188
−0.6% vs 2016
341 sales

What types of property sold in Nad Al Sheba First in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments27480.4%⃃ 407.02M⃃ 1,208,573⃃ 1,192
Villas298.5%⃃ 244.35M⃃ 7,600,000⃃ 1,092

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)25976%⃃ 1.2B⃃ 1,750,000⃃ 1,194
Off-plan27279.8%⃃ 549.83M⃃ 1,637,375⃃ 1,194
Ready6920.2%⃃ 979.03M⃃ 3,758,400⃃ 1,039

How many rental contracts were registered in Nad Al Sheba First in 2017?

395 rental contracts (new and renewed) were registered in Nad Al Sheba First in 2017, at a median annual rent of ⃃ 115,000 (−32.4% on 2016). Rental yields in Nad Al Sheba First

What were the most expensive property sales in Nad Al Sheba First in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/12/2017Meydan RacecoursePlot639,332 sq ft⃃ 422,318,027Primary · Ready
10/08/2017Tonino Lamborghini (All Buildings)Plot291,921 sq ft⃃ 210,615,811Primary · Ready
06/08/2017Grand ViewsVilla30,221 sq ft⃃ 50,400,000Primary · Off-plan
29/03/2017Meydan RacecoursePlot42,306 sq ft⃃ 40,000,000Resale · Ready
29/03/2017Meydan RacecoursePlot87,810 sq ft⃃ 20,000,000Resale · Ready
15/02/2017Meydan RacecoursePlot30,000 sq ft⃃ 18,900,000Resale · Ready
23/05/2017Azizi Park AvenuePlot40,277 sq ft⃃ 12,673,250Primary · Ready
23/05/2017Azizi GardensPlot25,000 sq ft⃃ 12,500,000Primary · Ready
10/10/2017Meydan RacecoursePlot15,000 sq ft⃃ 10,200,280Resale · Ready
10/12/2017Meydan RacecoursePlot15,000 sq ft⃃ 10,000,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
26/12/2017Royal Manor1 bed · Apartment790 sq ft⃃ 507,360Primary · Off-plan
26/12/2017Royal Manor1 bed · Apartment807 sq ft⃃ 518,202Primary · Off-plan
26/12/2017Royal Manor2 beds · Apartment950 sq ft⃃ 611,466Primary · Off-plan
26/12/2017Royal Manor2 beds · Apartment1,129 sq ft⃃ 731,136Primary · Off-plan
26/12/2017Meydan RacecoursePlot639,332 sq ft⃃ 422,318,027Primary · Ready
21/12/2017Royal Manor1 bed · Apartment806 sq ft⃃ 520,000Primary · Off-plan
21/12/2017Royal Manor1 bed · Apartment793 sq ft⃃ 500,000Primary · Off-plan
21/12/2017Royal Manor2 beds · Apartment1,097 sq ft⃃ 661,836Primary · Off-plan
21/12/2017Royal Manor2 beds · Apartment1,129 sq ft⃃ 750,000Primary · Off-plan
21/12/2017The Polo Residence - B52 beds · Apartment1,534 sq ft⃃ 1,914,072Primary · 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/nad-al-sheba-first/2017
Nad Al Sheba First Property Transactions 2017. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/nad-al-sheba-first/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 Nad Al Sheba First in 2017?
341 property sales worth ⃃ 1,528,855,870 were registered in Nad Al Sheba First in 2017. That is 32.9% lower than 2016.
What was the median property price in Nad Al Sheba First in 2017?
The median sale price was ⃃ 1,756,000 and the median price per square foot ⃃ 1,188 (1 Jan – 31 Dec 2017).

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/nad-al-sheba-first/2017