Project · Transactions · 2017

The Metropolis Property Transactions 2017

8 property sales worth ⃃ 6.35M were registered in The Metropolis in 2017, 20.0% lower than 2016 by number of sales. The median sale price was ⃃ 800,000 and the median price per square foot ⃃ 1,047 (−2.4% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 8 salesUpdated: 12 Nov 2026
Property sales
8
−20.0% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 6.35M
−31.0% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 800,000
−3.0% vs 2016
8 sales
Median price per sq ft
⃃ 1,047
−2.4% vs 2016
8 sales

What types of property sold in The Metropolis in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial8100%⃃ 6.35M⃃ 800,000⃃ 1,047

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)8100%⃃ 6.35M⃃ 800,000⃃ 1,047
Ready8100%⃃ 6.35M⃃ 800,000⃃ 1,047

How many rental contracts were registered in The Metropolis in 2017?

270 rental contracts (new and renewed) were registered in The Metropolis in 2017, at a median annual rent of ⃃ 68,350 (−2.4% on 2016). Rental yields in The Metropolis

What were the most expensive property sales in The Metropolis in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
15/02/2017The MetropolisCommercial1,159 sq ft⃃ 1,000,000Resale · Ready
10/07/2017The MetropolisCommercial877 sq ft⃃ 900,000Resale · Ready
04/10/2017The MetropolisCommercial829 sq ft⃃ 830,000Resale · Ready
15/02/2017The MetropolisCommercial749 sq ft⃃ 800,000Resale · Ready
06/06/2017The MetropolisCommercial636 sq ft⃃ 800,000Resale · Ready
24/05/2017The MetropolisCommercial636 sq ft⃃ 715,185Resale · Ready
06/02/2017The MetropolisCommercial574 sq ft⃃ 650,000Resale · Ready
06/02/2017The MetropolisCommercial636 sq ft⃃ 650,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
04/10/2017The MetropolisCommercial829 sq ft⃃ 830,000Resale · Ready
10/07/2017The MetropolisCommercial877 sq ft⃃ 900,000Resale · Ready
06/06/2017The MetropolisCommercial636 sq ft⃃ 800,000Resale · Ready
24/05/2017The MetropolisCommercial636 sq ft⃃ 715,185Resale · Ready
15/02/2017The MetropolisCommercial1,159 sq ft⃃ 1,000,000Resale · Ready
15/02/2017The MetropolisCommercial749 sq ft⃃ 800,000Resale · Ready
06/02/2017The MetropolisCommercial574 sq ft⃃ 650,000Resale · Ready
06/02/2017The MetropolisCommercial636 sq ft⃃ 650,000Resale · 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-metropolis/2017
The Metropolis Property Transactions 2017. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-metropolis/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 Metropolis in 2017?
8 property sales worth ⃃ 6,345,185 were registered in The Metropolis in 2017. That is 20.0% lower than 2016.
What was the median property price in The Metropolis in 2017?
The median sale price was ⃃ 800,000 and the median price per square foot ⃃ 1,047 (1 Jan – 31 Dec 2017).

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-metropolis/2017