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Building · Transactions · 2016

Summer 2 Property Transactions 2016

10 property sales worth ⃃ 7.81M were registered in Summer 2 in 2016, 44.4% lower than 2015 by number of sales. The median sale price was ⃃ 605,000 and the median price per square foot ⃃ 938 (+4.7% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 10 salesUpdated: 14 Nov 2026
Property sales
10
−44.4% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 7.81M
−31.4% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 605,000
+1.5% vs 2015
10 sales
Median price per sq ft
⃃ 938
+4.7% vs 2015
10 sales

What types of property sold in Summer 2 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments990%⃃ 6.57M⃃ 600,000⃃ 918
Commercial110%⃃ 1.23M⃃ 1,233,765⃃ 1,350

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)330%⃃ 2.81M⃃ 950,000⃃ 918
Resale (secondary)770%⃃ 4.99M⃃ 600,000⃃ 959
Ready10100%⃃ 7.81M⃃ 605,000⃃ 938

How many rental contracts were registered in Summer 2 in 2016?

89 rental contracts (new and renewed) were registered in Summer 2 in 2016, at a median annual rent of ⃃ 60,000 (+3.4% on 2015). Rental yields in Summer 2

What were the most expensive property sales in Summer 2 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/02/2016Summer 22 beds · Apartment1,399 sq ft⃃ 1,284,400Primary · Ready
21/02/2016Summer 2Commercial914 sq ft⃃ 1,233,765Resale · Ready
26/10/2016Summer 22 beds · Apartment1,116 sq ft⃃ 950,000Primary · Ready
08/03/2016Summer 22 beds · Apartment1,257 sq ft⃃ 950,000Resale · Ready
06/11/2016Summer 21 bed · Apartment608 sq ft⃃ 610,000Resale · Ready
01/03/2016Summer 21 bed · Apartment608 sq ft⃃ 600,000Resale · Ready
21/09/2016Summer 21 bed · Apartment605 sq ft⃃ 580,000Resale · Ready
19/07/2016Summer 21 bed · Apartment595 sq ft⃃ 580,000Primary · Ready
12/10/2016Summer 21 bed · Apartment595 sq ft⃃ 545,000Resale · Ready
26/12/2016Summer 21 bed · Apartment589 sq ft⃃ 475,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
26/12/2016Summer 21 bed · Apartment589 sq ft⃃ 475,000Resale · Ready
06/11/2016Summer 21 bed · Apartment608 sq ft⃃ 610,000Resale · Ready
26/10/2016Summer 22 beds · Apartment1,116 sq ft⃃ 950,000Primary · Ready
12/10/2016Summer 21 bed · Apartment595 sq ft⃃ 545,000Resale · Ready
21/09/2016Summer 21 bed · Apartment605 sq ft⃃ 580,000Resale · Ready
19/07/2016Summer 21 bed · Apartment595 sq ft⃃ 580,000Primary · Ready
08/03/2016Summer 22 beds · Apartment1,257 sq ft⃃ 950,000Resale · Ready
01/03/2016Summer 21 bed · Apartment608 sq ft⃃ 600,000Resale · Ready
21/02/2016Summer 2Commercial914 sq ft⃃ 1,233,765Resale · Ready
09/02/2016Summer 22 beds · Apartment1,399 sq ft⃃ 1,284,400Primary · 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/summer-2/2016
Summer 2 Property Transactions 2016. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/summer-2/2016

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 Summer 2 in 2016?
10 property sales worth ⃃ 7,808,165 were registered in Summer 2 in 2016. That is 44.4% lower than 2015.
What was the median property price in Summer 2 in 2016?
The median sale price was ⃃ 605,000 and the median price per square foot ⃃ 938 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Summer 2 were off-plan or from developers?
Developer (primary) sales were 30% of the 10 sales and resales 70%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/summer-2/2016