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Project · Transactions · 2016

Siraj Tower Property Transactions 2016

26 property sales worth ⃃ 9M were registered in Siraj Tower in 2016, 1200.0% higher than 2015 by number of sales. The median sale price was ⃃ 342,959 and the median price per square foot ⃃ 481 (−58.3% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 26 salesUpdated: 14 Nov 2026
Property sales
26
+1200.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 9M
+842.9% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 342,959
−28.1% vs 2015
26 sales
Median price per sq ft
⃃ 481
−58.3% vs 2015
26 sales

What types of property sold in Siraj Tower in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments26100%⃃ 9M⃃ 342,959⃃ 481

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)830.8%⃃ 5.01M⃃ 400,000⃃ 850
Resale (secondary)1869.2%⃃ 3.99M⃃ 138,586⃃ 164
Off-plan1350%⃃ 1.8M⃃ 132,450⃃ 163
Ready1350%⃃ 7.2M⃃ 400,000⃃ 964

How many rental contracts were registered in Siraj Tower in 2016?

149 rental contracts (new and renewed) were registered in Siraj Tower in 2016, at a median annual rent of ⃃ 64,500. Rental yields in Siraj Tower

What were the most expensive property sales in Siraj Tower in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
30/10/2016Al Madar Siraj Tower3 beds · Apartment2,015 sq ft⃃ 1,992,675Primary · Ready
29/06/2016Al Madar Siraj Tower1 bed · Apartment811 sq ft⃃ 705,152Primary · Ready
01/06/2016Al Madar Siraj Tower3 beds · Apartment2,015 sq ft⃃ 500,000Resale · Off-plan
05/12/2016Al Madar Siraj TowerStudio · Apartment415 sq ft⃃ 485,000Resale · Ready
04/12/2016Al Madar Siraj TowerStudio · Apartment415 sq ft⃃ 480,000Resale · Ready
14/11/2016Al Madar Siraj TowerStudio · Apartment415 sq ft⃃ 430,000Resale · Ready
10/08/2016Al Madar Siraj TowerStudio · Apartment415 sq ft⃃ 424,750Primary · Ready
11/10/2016Al Madar Siraj Tower1 bed · Apartment811 sq ft⃃ 400,000Primary · Ready
15/11/2016Al Madar Siraj TowerStudio · Apartment415 sq ft⃃ 400,000Resale · Ready
16/08/2016Al Madar Siraj TowerStudio · Apartment412 sq ft⃃ 400,000Primary · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
05/12/2016Al Madar Siraj TowerStudio · Apartment415 sq ft⃃ 485,000Resale · Ready
04/12/2016Al Madar Siraj TowerStudio · Apartment415 sq ft⃃ 480,000Resale · Ready
15/11/2016Al Madar Siraj TowerStudio · Apartment415 sq ft⃃ 400,000Resale · Ready
14/11/2016Al Madar Siraj TowerStudio · Apartment415 sq ft⃃ 430,000Resale · Ready
30/10/2016Al Madar Siraj Tower3 beds · Apartment2,015 sq ft⃃ 1,992,675Primary · Ready
11/10/2016Al Madar Siraj Tower1 bed · Apartment811 sq ft⃃ 400,000Primary · Ready
29/08/2016Al Madar Siraj TowerStudio · Apartment412 sq ft⃃ 395,000Resale · Ready
28/08/2016Al Madar Siraj TowerStudio · Apartment415 sq ft⃃ 344,048Primary · Ready
28/08/2016Al Madar Siraj TowerStudio · Apartment412 sq ft⃃ 341,869Primary · Ready
16/08/2016Al Madar Siraj TowerStudio · Apartment412 sq ft⃃ 400,000Primary · 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/siraj-tower/2016
Siraj Tower Property Transactions 2016. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/siraj-tower/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 Siraj Tower in 2016?
26 property sales worth ⃃ 8,996,894 were registered in Siraj Tower in 2016. That is 1200.0% higher than 2015.
What was the median property price in Siraj Tower in 2016?
The median sale price was ⃃ 342,959 and the median price per square foot ⃃ 481 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Siraj Tower were off-plan or from developers?
Developer (primary) sales were 30.8% of the 26 sales and resales 69.2%. Off-plan units made up 50% and ready units 50%. Primary/resale and off-plan/ready are different splits.

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