Project · Transactions · 2016

Prime Business Center Property Transactions 2016

9 property sales worth ⃃ 9.85M were registered in Prime Business Center in 2016, 62.5% lower than 2015 by number of sales. The median sale price was ⃃ 877,170 and the median price per square foot ⃃ 580 (−0.9% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 9 salesUpdated: 13 Nov 2026
Property sales
9
−62.5% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 9.85M
−52.1% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 877,170
−1.1% vs 2015
9 sales
Median price per sq ft
⃃ 580
−0.9% vs 2015
9 sales

What types of property sold in Prime Business Center in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial9100%⃃ 9.85M⃃ 877,170⃃ 580

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)333.3%⃃ 2.88M⃃ 860,160⃃ 580
Resale (secondary)666.7%⃃ 6.96M⃃ 900,296⃃ 575
Ready9100%⃃ 9.85M⃃ 877,170⃃ 580

How many rental contracts were registered in Prime Business Center in 2016?

121 rental contracts (new and renewed) were registered in Prime Business Center in 2016, at a median annual rent of ⃃ 71,442 (+2.1% on 2015). Rental yields in Prime Business Center

What were the most expensive property sales in Prime Business Center in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/10/2016Prime Business Center ACommercial1,872 sq ft⃃ 2,526,217Resale · Ready
07/03/2016Prime Business Center ACommercial1,805 sq ft⃃ 1,184,531Primary · Ready
27/04/2016Prime Business Center BCommercial1,802 sq ft⃃ 1,081,200Resale · Ready
09/08/2016Prime Business Center ACommercial1,679 sq ft⃃ 923,422Resale · Ready
16/03/2016Prime Business Center BCommercial1,462 sq ft⃃ 877,170Resale · Ready
28/06/2016Prime Business Center BCommercial1,536 sq ft⃃ 860,160Primary · Ready
14/03/2016Prime Business Center ACommercial1,446 sq ft⃃ 838,680Primary · Ready
03/03/2016Prime Business Center ACommercial1,485 sq ft⃃ 789,500Resale · Ready
01/03/2016Prime Business Center ACommercial1,485 sq ft⃃ 764,775Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
20/10/2016Prime Business Center ACommercial1,872 sq ft⃃ 2,526,217Resale · Ready
09/08/2016Prime Business Center ACommercial1,679 sq ft⃃ 923,422Resale · Ready
28/06/2016Prime Business Center BCommercial1,536 sq ft⃃ 860,160Primary · Ready
27/04/2016Prime Business Center BCommercial1,802 sq ft⃃ 1,081,200Resale · Ready
16/03/2016Prime Business Center BCommercial1,462 sq ft⃃ 877,170Resale · Ready
14/03/2016Prime Business Center ACommercial1,446 sq ft⃃ 838,680Primary · Ready
07/03/2016Prime Business Center ACommercial1,805 sq ft⃃ 1,184,531Primary · Ready
03/03/2016Prime Business Center ACommercial1,485 sq ft⃃ 789,500Resale · Ready
01/03/2016Prime Business Center ACommercial1,485 sq ft⃃ 764,775Resale · 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/prime-business-center/2016
Prime Business Center Property Transactions 2016. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/prime-business-center/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 Prime Business Center in 2016?
9 property sales worth ⃃ 9,845,655 were registered in Prime Business Center in 2016. That is 62.5% lower than 2015.
What was the median property price in Prime Business Center in 2016?
The median sale price was ⃃ 877,170 and the median price per square foot ⃃ 580 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Prime Business Center were off-plan or from developers?
Developer (primary) sales were 33.3% of the 9 sales and resales 66.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/prime-business-center/2016