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Project · Transactions · 2015

Reef Tower Property Transactions 2015

10 property sales worth ⃃ 37.11M were registered in Reef Tower in 2015, 66.7% higher than 2014 by number of sales. The median sale price was ⃃ 2,357,013 and the median price per square foot ⃃ 1,070 (+7.0% on 2014).

Period: 1 Jan – 31 Dec 2015Compared with: 2014Sample: 10 salesUpdated: 13 Nov 2026
Property sales
10
+66.7% vs 2014
1 Jan – 31 Dec 2015
Total value
⃃ 37.11M
+136.7% vs 2014
1 Jan – 31 Dec 2015
Median sale price
⃃ 2,357,013
−5.1% vs 2014
10 sales
Median price per sq ft
⃃ 1,070
+7.0% vs 2014
10 sales

What types of property sold in Reef Tower in 2015?

1 Jan – 31 Dec 2015

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial10100%⃃ 37.11M⃃ 2,357,013⃃ 1,070

How were 2015 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)660%⃃ 26.44M⃃ 2,357,013⃃ 989
Resale (secondary)440%⃃ 10.67M⃃ 2,872,500⃃ 1,200
Ready10100%⃃ 37.11M⃃ 2,357,013⃃ 1,070

How many rental contracts were registered in Reef Tower in 2015?

28 rental contracts (new and renewed) were registered in Reef Tower in 2015, at a median annual rent of ⃃ 307,264. Rental yields in Reef Tower

What were the most expensive property sales in Reef Tower in 2015?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
13/10/2015Reef TowerCommercial11,995 sq ft⃃ 15,833,796Primary · Ready
08/11/2015Reef TowerCommercial2,474 sq ft⃃ 2,969,160Resale · Ready
17/06/2015Reef TowerCommercial2,412 sq ft⃃ 2,895,000Resale · Ready
08/11/2015Reef TowerCommercial2,375 sq ft⃃ 2,850,000Resale · Ready
07/01/2015Reef TowerCommercial2,437 sq ft⃃ 2,357,013Primary · Ready
07/01/2015Reef TowerCommercial2,437 sq ft⃃ 2,357,013Primary · Ready
07/01/2015Reef TowerCommercial2,420 sq ft⃃ 2,357,013Primary · Ready
14/05/2015Reef TowerCommercial1,782 sq ft⃃ 1,959,925Resale · Ready
07/01/2015Reef TowerCommercial1,739 sq ft⃃ 1,809,238Primary · Ready
07/01/2015Reef TowerCommercial1,719 sq ft⃃ 1,724,444Primary · Ready

What were the last registered sales of 2015?

DatePropertyTypeSizePriceMarket
08/11/2015Reef TowerCommercial2,375 sq ft⃃ 2,850,000Resale · Ready
08/11/2015Reef TowerCommercial2,474 sq ft⃃ 2,969,160Resale · Ready
13/10/2015Reef TowerCommercial11,995 sq ft⃃ 15,833,796Primary · Ready
17/06/2015Reef TowerCommercial2,412 sq ft⃃ 2,895,000Resale · Ready
14/05/2015Reef TowerCommercial1,782 sq ft⃃ 1,959,925Resale · Ready
07/01/2015Reef TowerCommercial2,420 sq ft⃃ 2,357,013Primary · Ready
07/01/2015Reef TowerCommercial1,719 sq ft⃃ 1,724,444Primary · Ready
07/01/2015Reef TowerCommercial1,739 sq ft⃃ 1,809,238Primary · Ready
07/01/2015Reef TowerCommercial2,437 sq ft⃃ 2,357,013Primary · Ready
07/01/2015Reef TowerCommercial2,437 sq ft⃃ 2,357,013Primary · 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 2015 with the whole of 2014.
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/reef-tower/2015
Reef Tower Property Transactions 2015. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/reef-tower/2015

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 Reef Tower in 2015?
10 property sales worth ⃃ 37,112,602 were registered in Reef Tower in 2015. That is 66.7% higher than 2014.
What was the median property price in Reef Tower in 2015?
The median sale price was ⃃ 2,357,013 and the median price per square foot ⃃ 1,070 (1 Jan – 31 Dec 2015).
What share of 2015 sales in Reef Tower were off-plan or from developers?
Developer (primary) sales were 60% of the 10 sales and resales 40%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/reef-tower/2015