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Building · Transactions · 2017

Prime Residency1 Property Transactions 2017

11 property sales worth ⃃ 8.04M were registered in Prime Residency1 in 2017, 37.5% higher than 2016 by number of sales. The median sale price was ⃃ 700,000 and the median price per square foot ⃃ 700 (−11.0% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 11 salesUpdated: 14 Nov 2026
Property sales
11
+37.5% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 8.04M
+72.5% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 700,000
+35.3% vs 2016
11 sales
Median price per sq ft
⃃ 700
−11.0% vs 2016
11 sales

What types of property sold in Prime Residency1 in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments872.7%⃃ 4.65M⃃ 522,500⃃ 749
Commercial327.3%⃃ 3.39M⃃ 916,623⃃ 700

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
Resale (secondary)11100%⃃ 8.04M⃃ 700,000⃃ 700
Ready11100%⃃ 8.04M⃃ 700,000⃃ 700

How many rental contracts were registered in Prime Residency1 in 2017?

123 rental contracts (new and renewed) were registered in Prime Residency1 in 2017, at a median annual rent of ⃃ 48,864 (−6.0% on 2016). Rental yields in Prime Residency1

What were the most expensive property sales in Prime Residency1 in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
26/10/2017Prime Residency1Commercial2,366 sq ft⃃ 1,656,214Resale · Ready
10/12/2017Prime Residency1Commercial1,348 sq ft⃃ 916,623Resale · Ready
29/10/2017Prime Residency1Commercial1,166 sq ft⃃ 816,200Resale · Ready
09/01/2017Prime Residency12 beds · Apartment968 sq ft⃃ 760,000Resale · Ready
19/02/2017Prime Residency12 beds · Apartment968 sq ft⃃ 750,000Resale · Ready
20/08/2017Prime Residency12 beds · Apartment968 sq ft⃃ 700,000Resale · Ready
24/05/2017Prime Residency11 bed · Apartment649 sq ft⃃ 550,000Resale · Ready
11/01/2017Prime Residency11 bed · Apartment806 sq ft⃃ 495,000Resale · Ready
26/04/2017Prime Residency11 bed · Apartment621 sq ft⃃ 495,000Resale · Ready
17/07/2017Prime Residency11 bed · Apartment644 sq ft⃃ 450,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
10/12/2017Prime Residency1Commercial1,348 sq ft⃃ 916,623Resale · Ready
29/10/2017Prime Residency1Commercial1,166 sq ft⃃ 816,200Resale · Ready
26/10/2017Prime Residency1Commercial2,366 sq ft⃃ 1,656,214Resale · Ready
20/08/2017Prime Residency12 beds · Apartment968 sq ft⃃ 700,000Resale · Ready
17/07/2017Prime Residency11 bed · Apartment644 sq ft⃃ 450,000Resale · Ready
18/06/2017Prime Residency11 bed · Apartment655 sq ft⃃ 450,000Resale · Ready
24/05/2017Prime Residency11 bed · Apartment649 sq ft⃃ 550,000Resale · Ready
26/04/2017Prime Residency11 bed · Apartment621 sq ft⃃ 495,000Resale · Ready
19/02/2017Prime Residency12 beds · Apartment968 sq ft⃃ 750,000Resale · Ready
11/01/2017Prime Residency11 bed · Apartment806 sq ft⃃ 495,000Resale · 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/prime-residency1/2017
Prime Residency1 Property Transactions 2017. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/prime-residency1/2017

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 Prime Residency1 in 2017?
11 property sales worth ⃃ 8,039,037 were registered in Prime Residency1 in 2017. That is 37.5% higher than 2016.
What was the median property price in Prime Residency1 in 2017?
The median sale price was ⃃ 700,000 and the median price per square foot ⃃ 700 (1 Jan – 31 Dec 2017).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/prime-residency1/2017