Project · Transactions · 2016

New Dubai Gate 1 Property Transactions 2016

55 property sales worth ⃃ 37.55M were registered in New Dubai Gate 1 in 2016, 57.1% higher than 2015 by number of sales. The median sale price was ⃃ 625,000 and the median price per square foot ⃃ 1,250 (+1.1% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 55 salesUpdated: 13 Nov 2026
Property sales
55
+57.1% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 37.55M
+40.3% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 625,000
−10.7% vs 2015
55 sales
Median price per sq ft
⃃ 1,250
+1.1% vs 2015
55 sales

What types of property sold in New Dubai Gate 1 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4683.6%⃃ 28.02M⃃ 617,500⃃ 1,218
Commercial916.4%⃃ 9.53M⃃ 813,072⃃ 1,567

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)1629.1%⃃ 9.18M⃃ 396,036⃃ 895
Resale (secondary)3970.9%⃃ 28.38M⃃ 655,000⃃ 1,339

How many rental contracts were registered in New Dubai Gate 1 in 2016?

192 rental contracts (new and renewed) were registered in New Dubai Gate 1 in 2016, at a median annual rent of ⃃ 70,000 (+2.9% on 2015). Rental yields in New Dubai Gate 1

What were the most expensive property sales in New Dubai Gate 1 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/05/2016New Dubai Gate 1Commercial1,000 sq ft⃃ 2,150,000Resale · Ready
16/02/2016New Dubai Gate 1Commercial807 sq ft⃃ 2,140,330Primary · Ready
24/02/2016New Dubai Gate 1Commercial807 sq ft⃃ 1,154,445Resale · Ready
06/01/2016New Dubai Gate 11 bed · Apartment621 sq ft⃃ 1,020,000Resale · Ready
06/03/2016New Dubai Gate 11 bed · Apartment621 sq ft⃃ 1,020,000Resale · Ready
31/03/2016New Dubai Gate 11 bed · Apartment921 sq ft⃃ 970,000Resale · Ready
31/05/2016New Dubai Gate 11 bed · Apartment771 sq ft⃃ 950,000Resale · Ready
22/06/2016New Dubai Gate 1Commercial519 sq ft⃃ 900,000Resale · Ready
21/08/2016New Dubai Gate 11 bed · Apartment838 sq ft⃃ 865,000Resale · Ready
03/03/2016New Dubai Gate 11 bed · Apartment1,159 sq ft⃃ 850,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
26/12/2016New Dubai Gate 11 bed · Apartment400 sq ft⃃ 600,000Resale · Ready
22/12/2016New Dubai Gate 11 bed · Apartment450 sq ft⃃ 680,000Resale · Ready
14/12/2016New Dubai Gate 11 bed · Apartment540 sq ft⃃ 625,000Resale · Ready
08/12/2016New Dubai Gate 11 bed · Apartment445 sq ft⃃ 620,000Resale · Ready
06/12/2016New Dubai Gate 11 bed · Apartment540 sq ft⃃ 720,000Resale · Ready
28/11/2016New Dubai Gate 11 bed · Apartment540 sq ft⃃ 454,488Primary · Ready
15/11/2016New Dubai Gate 11 bed · Apartment416 sq ft⃃ 529,300Resale · Ready
31/10/2016New Dubai Gate 11 bed · Apartment445 sq ft⃃ 650,000Resale · Ready
20/10/2016New Dubai Gate 11 bed · Apartment450 sq ft⃃ 615,000Resale · Ready
17/10/2016New Dubai Gate 11 bed · Apartment450 sq ft⃃ 611,825Resale · 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/new-dubai-gate-1/2016
New Dubai Gate 1 Property Transactions 2016. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/new-dubai-gate-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 New Dubai Gate 1 in 2016?
55 property sales worth ⃃ 37,552,045 were registered in New Dubai Gate 1 in 2016. That is 57.1% higher than 2015.
What was the median property price in New Dubai Gate 1 in 2016?
The median sale price was ⃃ 625,000 and the median price per square foot ⃃ 1,250 (1 Jan – 31 Dec 2016).
What share of 2016 sales in New Dubai Gate 1 were off-plan or from developers?
Developer (primary) sales were 29.1% of the 55 sales and resales 70.9%. Primary/resale and off-plan/ready are different splits.

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