Project · Transactions · 2017

Spain Cluster Property Transactions 2017

126 property sales worth ⃃ 49.67M were registered in Spain Cluster in 2017, 31.5% lower than 2016 by number of sales. The median sale price was ⃃ 365,000 and the median price per square foot ⃃ 665 (−2.5% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 126 salesUpdated: 13 Nov 2026
Property sales
126
−31.5% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 49.67M
−35.5% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 365,000
−8.8% vs 2016
126 sales
Median price per sq ft
⃃ 665
−2.5% vs 2016
126 sales

What types of property sold in Spain Cluster in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments12397.6%⃃ 48.66M⃃ 365,000⃃ 659
Commercial32.4%⃃ 1.01M⃃ 340,000⃃ 782

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
Primary (developer sales)32.4%⃃ 909K⃃ 355,000⃃ 434
Resale (secondary)12397.6%⃃ 48.76M⃃ 365,000⃃ 668
Ready126100%⃃ 49.67M⃃ 365,000⃃ 665

How many rental contracts were registered in Spain Cluster in 2017?

1,330 rental contracts (new and renewed) were registered in Spain Cluster in 2017, at a median annual rent of ⃃ 39,000 (−2.5% on 2016). Rental yields in Spain Cluster

What were the most expensive property sales in Spain Cluster in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/03/2017S052 beds · Apartment1,206 sq ft⃃ 765,000Resale · Ready
20/04/2017S-062 beds · Apartment1,195 sq ft⃃ 680,000Resale · Ready
16/03/2017S-062 beds · Apartment1,206 sq ft⃃ 650,000Resale · Ready
19/04/2017S-071 bed · Apartment743 sq ft⃃ 540,000Resale · Ready
12/01/2017S081 bed · Apartment915 sq ft⃃ 520,000Resale · Ready
09/07/2017T021 bed · Apartment716 sq ft⃃ 515,000Resale · Ready
09/07/2017S-221 bed · Apartment743 sq ft⃃ 505,000Resale · Ready
28/02/2017S-171 bed · Apartment743 sq ft⃃ 505,000Resale · Ready
01/11/2017S-121 bed · Apartment732 sq ft⃃ 500,000Resale · Ready
14/05/2017S-041 bed · Apartment753 sq ft⃃ 499,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
26/12/2017S-161 bed · Apartment716 sq ft⃃ 400,000Resale · Ready
26/12/2017S081 bed · Apartment743 sq ft⃃ 450,000Resale · Ready
21/12/2017S08Studio · Apartment479 sq ft⃃ 325,000Resale · Ready
20/12/2017T05Studio · Apartment638 sq ft⃃ 345,000Resale · Ready
18/12/2017T081 bed · Apartment716 sq ft⃃ 430,000Resale · Ready
17/12/2017S-16Studio · Apartment479 sq ft⃃ 328,000Resale · Ready
13/12/2017S-16Studio · Apartment479 sq ft⃃ 330,000Resale · Ready
12/12/2017S-221 bed · Apartment743 sq ft⃃ 435,000Resale · Ready
12/12/2017S-18Studio · Apartment517 sq ft⃃ 330,000Resale · Ready
11/12/2017T-09Studio · Apartment479 sq ft⃃ 355,000Resale · 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/spain-cluster/2017
Spain Cluster Property Transactions 2017. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/spain-cluster/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 Spain Cluster in 2017?
126 property sales worth ⃃ 49,668,000 were registered in Spain Cluster in 2017. That is 31.5% lower than 2016.
What was the median property price in Spain Cluster in 2017?
The median sale price was ⃃ 365,000 and the median price per square foot ⃃ 665 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Spain Cluster were off-plan or from developers?
Developer (primary) sales were 2.4% of the 126 sales and resales 97.6%. Primary/resale and off-plan/ready are different splits.

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