Project · Transactions · 2018

Prime Business Center Property Transactions 2018

9 property sales worth ⃃ 7.98M were registered in Prime Business Center in 2018, 10.0% lower than 2017 by number of sales. The median sale price was ⃃ 765,450 and the median price per square foot ⃃ 540 (−12.3% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 9 salesUpdated: 13 Nov 2026
Property sales
9
−10.0% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 7.98M
−7.5% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 765,450
−23.0% vs 2017
9 sales
Median price per sq ft
⃃ 540
−12.3% vs 2017
9 sales

What types of property sold in Prime Business Center in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial9100%⃃ 7.98M⃃ 765,450⃃ 540

How were 2018 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)222.2%⃃ 1.58M⃃ 790,500⃃ 500
Resale (secondary)777.8%⃃ 6.4M⃃ 765,450⃃ 540
Ready9100%⃃ 7.98M⃃ 765,450⃃ 540

How many rental contracts were registered in Prime Business Center in 2018?

132 rental contracts (new and renewed) were registered in Prime Business Center in 2018, at a median annual rent of ⃃ 70,000 (−6.7% on 2017). Rental yields in Prime Business Center

What were the most expensive property sales in Prime Business Center in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
30/05/2018Prime Business Center BCommercial1,883 sq ft⃃ 1,883,000Resale · Ready
10/05/2018Prime Business Center BCommercial1,611 sq ft⃃ 870,000Resale · Ready
04/11/2018Prime Business Center ACommercial1,677 sq ft⃃ 838,500Primary · Ready
04/04/2018Prime Business Center BCommercial1,457 sq ft⃃ 830,499Resale · Ready
25/09/2018Prime Business Center ACommercial1,701 sq ft⃃ 765,450Resale · Ready
13/12/2018Prime Business Center BCommercial1,457 sq ft⃃ 764,400Resale · Ready
04/11/2018Prime Business Center ACommercial1,485 sq ft⃃ 742,500Primary · Ready
22/03/2018Prime Business Center BCommercial1,049 sq ft⃃ 681,850Resale · Ready
06/09/2018Prime Business Center BCommercial1,125 sq ft⃃ 607,500Resale · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
13/12/2018Prime Business Center BCommercial1,457 sq ft⃃ 764,400Resale · Ready
04/11/2018Prime Business Center ACommercial1,485 sq ft⃃ 742,500Primary · Ready
04/11/2018Prime Business Center ACommercial1,677 sq ft⃃ 838,500Primary · Ready
25/09/2018Prime Business Center ACommercial1,701 sq ft⃃ 765,450Resale · Ready
06/09/2018Prime Business Center BCommercial1,125 sq ft⃃ 607,500Resale · Ready
30/05/2018Prime Business Center BCommercial1,883 sq ft⃃ 1,883,000Resale · Ready
10/05/2018Prime Business Center BCommercial1,611 sq ft⃃ 870,000Resale · Ready
04/04/2018Prime Business Center BCommercial1,457 sq ft⃃ 830,499Resale · Ready
22/03/2018Prime Business Center BCommercial1,049 sq ft⃃ 681,850Resale · 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 2018 with the whole of 2017.
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/2018
Prime Business Center Property Transactions 2018. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/prime-business-center/2018

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 2018?
9 property sales worth ⃃ 7,983,699 were registered in Prime Business Center in 2018. That is 10.0% lower than 2017.
What was the median property price in Prime Business Center in 2018?
The median sale price was ⃃ 765,450 and the median price per square foot ⃃ 540 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Prime Business Center were off-plan or from developers?
Developer (primary) sales were 22.2% of the 9 sales and resales 77.8%. 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/2018