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Building · Transactions · 2017

The Light 1 Property Transactions 2017

9 property sales worth ⃃ 5.33M were registered in The Light 1 in 2017, 55.0% lower than 2016 by number of sales. The median sale price was ⃃ 500,000 and the median price per square foot ⃃ 609 (+0.3% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 9 salesUpdated: 14 Nov 2026
Property sales
9
−55.0% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 5.33M
−44.3% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 500,000
+16.0% vs 2016
9 sales
Median price per sq ft
⃃ 609
+0.3% vs 2016
9 sales

What types of property sold in The Light 1 in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial9100%⃃ 5.33M⃃ 500,000⃃ 609

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
Resale (secondary)9100%⃃ 5.33M⃃ 500,000⃃ 609
Ready9100%⃃ 5.33M⃃ 500,000⃃ 609

How many rental contracts were registered in The Light 1 in 2017?

128 rental contracts (new and renewed) were registered in The Light 1 in 2017, at a median annual rent of ⃃ 45,122 (−2.4% on 2016). Rental yields in The Light 1

What were the most expensive property sales in The Light 1 in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/05/2017The Light 1Commercial2,464 sq ft⃃ 1,035,000Resale · Ready
24/09/2017The Light 1Commercial1,226 sq ft⃃ 1,000,000Resale · Ready
23/07/2017The Light 1Commercial1,581 sq ft⃃ 750,000Resale · Ready
24/10/2017The Light 1Commercial631 sq ft⃃ 550,000Resale · Ready
22/06/2017The Light 1Commercial911 sq ft⃃ 500,000Resale · Ready
06/02/2017The Light 1Commercial632 sq ft⃃ 440,000Resale · Ready
20/04/2017The Light 1Commercial632 sq ft⃃ 385,000Resale · Ready
15/03/2017The Light 1Commercial541 sq ft⃃ 375,000Resale · Ready
09/04/2017The Light 1Commercial514 sq ft⃃ 300,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
24/10/2017The Light 1Commercial631 sq ft⃃ 550,000Resale · Ready
24/09/2017The Light 1Commercial1,226 sq ft⃃ 1,000,000Resale · Ready
23/07/2017The Light 1Commercial1,581 sq ft⃃ 750,000Resale · Ready
22/06/2017The Light 1Commercial911 sq ft⃃ 500,000Resale · Ready
11/05/2017The Light 1Commercial2,464 sq ft⃃ 1,035,000Resale · Ready
20/04/2017The Light 1Commercial632 sq ft⃃ 385,000Resale · Ready
09/04/2017The Light 1Commercial514 sq ft⃃ 300,000Resale · Ready
15/03/2017The Light 1Commercial541 sq ft⃃ 375,000Resale · Ready
06/02/2017The Light 1Commercial632 sq ft⃃ 440,000Resale · 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/the-light-1/2017
The Light 1 Property Transactions 2017. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-light-1/2017

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 The Light 1 in 2017?
9 property sales worth ⃃ 5,335,000 were registered in The Light 1 in 2017. That is 55.0% lower than 2016.
What was the median property price in The Light 1 in 2017?
The median sale price was ⃃ 500,000 and the median price per square foot ⃃ 609 (1 Jan – 31 Dec 2017).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-light-1/2017