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Project · Transactions · 2016

Silicon Boulevard Property Transactions 2016

10 property sales worth ⃃ 7.94M were registered in Silicon Boulevard in 2016, 80.4% lower than 2015 by number of sales. The median sale price was ⃃ 711,800 and the median price per square foot ⃃ 679 (+5.8% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 10 salesUpdated: 14 Nov 2026
Property sales
10
−80.4% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 7.94M
−76.9% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 711,800
+13.1% vs 2015
10 sales
Median price per sq ft
⃃ 679
+5.8% vs 2015
10 sales

What types of property sold in Silicon Boulevard in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments770%⃃ 5.89M⃃ 625,000⃃ 703
Commercial330%⃃ 2.05M⃃ 798,600⃃ 600

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)440%⃃ 3.86M⃃ 920,240⃃ 664
Resale (secondary)660%⃃ 4.08M⃃ 618,100⃃ 679
Ready10100%⃃ 7.94M⃃ 711,800⃃ 679

How many rental contracts were registered in Silicon Boulevard in 2016?

102 rental contracts (new and renewed) were registered in Silicon Boulevard in 2016, at a median annual rent of ⃃ 55,825 (+1.1% on 2015). Rental yields in Silicon Boulevard

What were the most expensive property sales in Silicon Boulevard in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/03/2016Park Terrace3 beds · Apartment2,154 sq ft⃃ 1,514,096Primary · Ready
14/01/2016Park Terrace2 beds · Apartment1,452 sq ft⃃ 1,041,880Primary · Ready
17/01/2016Park Terrace2 beds · Apartment1,452 sq ft⃃ 1,041,880Resale · Ready
28/12/2016Silicon BoulevardCommercial1,331 sq ft⃃ 800,000Resale · Ready
06/12/2016Silicon BoulevardCommercial1,331 sq ft⃃ 798,600Primary · Ready
21/07/2016Park Terrace1 bed · Apartment804 sq ft⃃ 625,000Resale · Ready
27/04/2016Park Terrace1 bed · Apartment906 sq ft⃃ 611,200Resale · Ready
14/08/2016Park Terrace1 bed · Apartment805 sq ft⃃ 550,000Resale · Ready
14/07/2016Park Terrace1 bed · Apartment805 sq ft⃃ 503,930Primary · Ready
16/11/2016Silicon BoulevardCommercial962 sq ft⃃ 450,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
28/12/2016Silicon BoulevardCommercial1,331 sq ft⃃ 800,000Resale · Ready
06/12/2016Silicon BoulevardCommercial1,331 sq ft⃃ 798,600Primary · Ready
16/11/2016Silicon BoulevardCommercial962 sq ft⃃ 450,000Resale · Ready
14/08/2016Park Terrace1 bed · Apartment805 sq ft⃃ 550,000Resale · Ready
21/07/2016Park Terrace1 bed · Apartment804 sq ft⃃ 625,000Resale · Ready
14/07/2016Park Terrace1 bed · Apartment805 sq ft⃃ 503,930Primary · Ready
27/04/2016Park Terrace1 bed · Apartment906 sq ft⃃ 611,200Resale · Ready
09/03/2016Park Terrace3 beds · Apartment2,154 sq ft⃃ 1,514,096Primary · Ready
17/01/2016Park Terrace2 beds · Apartment1,452 sq ft⃃ 1,041,880Resale · Ready
14/01/2016Park Terrace2 beds · Apartment1,452 sq ft⃃ 1,041,880Primary · 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/silicon-boulevard/2016
Silicon Boulevard Property Transactions 2016. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/silicon-boulevard/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 Silicon Boulevard in 2016?
10 property sales worth ⃃ 7,936,586 were registered in Silicon Boulevard in 2016. That is 80.4% lower than 2015.
What was the median property price in Silicon Boulevard in 2016?
The median sale price was ⃃ 711,800 and the median price per square foot ⃃ 679 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Silicon Boulevard were off-plan or from developers?
Developer (primary) sales were 40% of the 10 sales and resales 60%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/silicon-boulevard/2016