Area · Transactions · 2016

Palm Jumeirah Property Transactions 2016

924 property sales worth ⃃ 4.2B were registered in Palm Jumeirah in 2016, 38.2% lower than 2015 by number of sales. The median sale price was ⃃ 2,653,000 and the median price per square foot ⃃ 1,667 (−22.5% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 924 salesUpdated: 12 Nov 2026
Property sales
924
−38.2% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 4.2B
−44.9% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 2,653,000
+1.6% vs 2015
924 sales
Median price per sq ft
⃃ 1,667
−22.5% vs 2015
924 sales

What types of property sold in Palm Jumeirah in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments78084.4%⃃ 2.5B⃃ 2,568,812⃃ 1,712
Villas646.9%⃃ 795.16M⃃ 11,500,000⃃ 2,161

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)36839.8%⃃ 1.5B⃃ 2,600,000⃃ 2,318
Resale (secondary)55660.2%⃃ 2.7B⃃ 2,682,500⃃ 1,453
Off-plan31834.4%⃃ 1.2B⃃ 2,878,743⃃ 2,653
Ready60665.6%⃃ 3B⃃ 2,600,000⃃ 1,328

How many rental contracts were registered in Palm Jumeirah in 2016?

3,671 rental contracts (new and renewed) were registered in Palm Jumeirah in 2016, at a median annual rent of ⃃ 180,000 (−0.2% on 2015). Rental yields in Palm Jumeirah

What were the most expensive property sales in Palm Jumeirah in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/10/2016Frond L VillasPlot22,788 sq ft⃃ 200,000,000Resale · Ready
14/07/2016Azizi MinaPlot121,033 sq ft⃃ 173,305,000Primary · Ready
05/01/2016Royal Bay by AziziPlot51,528 sq ft⃃ 81,778,000Primary · Ready
29/05/2016Ocean Breeze5 beds · Villa13,122 sq ft⃃ 54,450,000Resale · Off-plan
02/05/2016Marina ResidencePlot15,976 sq ft⃃ 50,000,000Resale · Ready
14/04/2016Five At Palm Jumeirah Dubai5 beds · Apartment12,333 sq ft⃃ 39,000,000Resale · Off-plan
21/01/2016Marina ResidencePlot29,552 sq ft⃃ 38,000,000Resale · Ready
29/08/2016Five At Palm Jumeirah Dubai5 beds · Apartment12,306 sq ft⃃ 35,000,000Primary · Off-plan
26/10/2016Frond D Villas6 beds · Villa15,097 sq ft⃃ 30,000,000Resale · Ready
06/11/2016Frond L Villas5 beds · Villa14,693 sq ft⃃ 28,000,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
28/12/2016Serenia Residences Building A2 beds · Apartment1,526 sq ft⃃ 4,456,200Resale · Off-plan
28/12/2016Al Sultana1 bed · Apartment1,145 sq ft⃃ 2,050,000Resale · Ready
28/12/2016Al Msalli1 bed · Apartment1,145 sq ft⃃ 2,000,000Resale · Ready
28/12/2016Abu Keibal2 beds · Apartment1,551 sq ft⃃ 2,175,000Resale · Ready
28/12/2016Al Hallawi2 beds · Apartment1,586 sq ft⃃ 2,000,000Resale · Ready
26/12/2016Marina ResidencePlot672 sq ft⃃ 403,404Primary · Ready
25/12/2016Frond B Villas4 beds · Villa6,693 sq ft⃃ 9,900,000Resale · Ready
25/12/2016Marina Residences 32 beds · Apartment1,735 sq ft⃃ 2,675,000Resale · Ready
22/12/2016The Palm Tower1 bed · Apartment1,055 sq ft⃃ 3,378,400Primary · Off-plan
22/12/2016The Palm TowerStudio · Apartment523 sq ft⃃ 1,710,000Primary · 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/palm-jumeirah/2016
Palm Jumeirah Property Transactions 2016. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/palm-jumeirah/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 Palm Jumeirah in 2016?
924 property sales worth ⃃ 4,209,888,764 were registered in Palm Jumeirah in 2016. That is 38.2% lower than 2015.
What was the median property price in Palm Jumeirah in 2016?
The median sale price was ⃃ 2,653,000 and the median price per square foot ⃃ 1,667 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Palm Jumeirah were off-plan or from developers?
Developer (primary) sales were 39.8% of the 924 sales and resales 60.2%. Off-plan units made up 34.4% and ready units 65.6%. Primary/resale and off-plan/ready are different splits.

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