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Building · Transactions · 2017

Park Terrace Property Transactions 2017

8 property sales worth ⃃ 4.72M were registered in Park Terrace in 2017, 14.3% higher than 2016 by number of sales. The median sale price was ⃃ 617,500 and the median price per square foot ⃃ 751 (+6.9% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 8 salesUpdated: 14 Nov 2026
Property sales
8
+14.3% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 4.72M
−19.8% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 617,500
−1.2% vs 2016
8 sales
Median price per sq ft
⃃ 751
+6.9% vs 2016
8 sales

What types of property sold in Park Terrace in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments787.5%⃃ 4.08M⃃ 600,000⃃ 706
Commercial112.5%⃃ 635K⃃ 635,000⃃ 1,000

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)112.5%⃃ 635K⃃ 635,000⃃ 1,000
Resale (secondary)787.5%⃃ 4.08M⃃ 600,000⃃ 706
Ready8100%⃃ 4.72M⃃ 617,500⃃ 751

How many rental contracts were registered in Park Terrace in 2017?

42 rental contracts (new and renewed) were registered in Park Terrace in 2017, at a median annual rent of ⃃ 68,250 (+2.4% on 2016). Rental yields in Park Terrace

What were the most expensive property sales in Park Terrace in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
22/06/2017Park Terrace1 bed · Apartment971 sq ft⃃ 685,000Resale · Ready
21/03/2017Park Terrace1 bed · Apartment804 sq ft⃃ 640,000Resale · Ready
08/06/2017Park Terrace1 bed · Apartment906 sq ft⃃ 640,000Resale · Ready
27/12/2017Park TerraceCommercial635 sq ft⃃ 635,000Primary · Ready
06/12/2017Park Terrace1 bed · Apartment906 sq ft⃃ 600,000Resale · Ready
21/05/2017Park Terrace1 bed · Apartment804 sq ft⃃ 525,000Resale · Ready
06/06/2017Park TerraceStudio · Apartment486 sq ft⃃ 510,000Resale · Ready
28/03/2017Park TerraceStudio · Apartment447 sq ft⃃ 485,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
27/12/2017Park TerraceCommercial635 sq ft⃃ 635,000Primary · Ready
06/12/2017Park Terrace1 bed · Apartment906 sq ft⃃ 600,000Resale · Ready
22/06/2017Park Terrace1 bed · Apartment971 sq ft⃃ 685,000Resale · Ready
08/06/2017Park Terrace1 bed · Apartment906 sq ft⃃ 640,000Resale · Ready
06/06/2017Park TerraceStudio · Apartment486 sq ft⃃ 510,000Resale · Ready
21/05/2017Park Terrace1 bed · Apartment804 sq ft⃃ 525,000Resale · Ready
28/03/2017Park TerraceStudio · Apartment447 sq ft⃃ 485,000Resale · Ready
21/03/2017Park Terrace1 bed · Apartment804 sq ft⃃ 640,000Resale · 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/park-terrace/2017
Park Terrace Property Transactions 2017. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/park-terrace/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 Park Terrace in 2017?
8 property sales worth ⃃ 4,720,000 were registered in Park Terrace in 2017. That is 14.3% higher than 2016.
What was the median property price in Park Terrace in 2017?
The median sale price was ⃃ 617,500 and the median price per square foot ⃃ 751 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Park Terrace were off-plan or from developers?
Developer (primary) sales were 12.5% of the 8 sales and resales 87.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/park-terrace/2017