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Project · Transactions · 2015

The Residences Downtown Property Transactions 2015

82 property sales worth ⃃ 354.82M were registered in The Residences Downtown in 2015, 28.7% lower than 2014 by number of sales. The median sale price was ⃃ 3,659,000 and the median price per square foot ⃃ 2,410 (−9.1% on 2014).

Period: 1 Jan – 31 Dec 2015Compared with: 2014Sample: 82 salesUpdated: 15 Nov 2026
Property sales
82
−28.7% vs 2014
1 Jan – 31 Dec 2015
Total value
⃃ 354.82M
−33.6% vs 2014
1 Jan – 31 Dec 2015
Median sale price
⃃ 3,659,000
−12.9% vs 2014
82 sales
Median price per sq ft
⃃ 2,410
−9.1% vs 2014
82 sales

What types of property sold in The Residences Downtown in 2015?

1 Jan – 31 Dec 2015

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments82100%⃃ 354.82M⃃ 3,659,000⃃ 2,410

How were 2015 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)1012.2%⃃ 24.64M⃃ 2,015,669⃃ 1,279
Resale (secondary)7287.8%⃃ 330.17M⃃ 4,000,000⃃ 2,552
Ready82100%⃃ 354.82M⃃ 3,659,000⃃ 2,410

How many rental contracts were registered in The Residences Downtown in 2015?

428 rental contracts (new and renewed) were registered in The Residences Downtown in 2015, at a median annual rent of ⃃ 175,000 (+45.8% on 2014). Rental yields in The Residences Downtown

What were the most expensive property sales in The Residences Downtown in 2015?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/09/2015The Residences 74 beds · Apartment3,745 sq ft⃃ 17,500,000Resale · Ready
20/01/2015The Residences 13 beds · Apartment3,546 sq ft⃃ 12,500,000Resale · Ready
07/07/2015The Residences 43 beds · Apartment2,599 sq ft⃃ 9,500,000Resale · Ready
09/07/2015The Residences 43 beds · Apartment2,599 sq ft⃃ 9,350,000Resale · Ready
09/02/2015The Residences 43 beds · Apartment2,599 sq ft⃃ 9,085,000Resale · Ready
15/01/2015The Residences 43 beds · Apartment2,379 sq ft⃃ 8,900,000Resale · Ready
29/12/2015The Residences 43 beds · Apartment2,379 sq ft⃃ 8,500,000Resale · Ready
30/07/2015The Residences 93 beds · Apartment2,599 sq ft⃃ 8,500,000Resale · Ready
02/03/2015The Residences 43 beds · Apartment2,379 sq ft⃃ 8,200,000Resale · Ready
12/03/2015The Residences 13 beds · Apartment2,082 sq ft⃃ 7,900,000Resale · Ready

What were the last registered sales of 2015?

DatePropertyTypeSizePriceMarket
29/12/2015The Residences 43 beds · Apartment2,379 sq ft⃃ 8,500,000Resale · Ready
10/12/2015The Residences 11 bed · Apartment915 sq ft⃃ 2,100,000Resale · Ready
07/12/2015The Residences 31 bed · Apartment1,023 sq ft⃃ 2,070,000Resale · Ready
18/11/2015The Residences 13 beds · Apartment2,082 sq ft⃃ 7,200,000Resale · Ready
18/11/2015The Residences 32 beds · Apartment1,435 sq ft⃃ 4,900,000Resale · Ready
16/11/2015The Residences 83 beds · Apartment1,838 sq ft⃃ 5,200,000Resale · Ready
15/11/2015The Residences 71 bed · Apartment915 sq ft⃃ 1,950,000Resale · Ready
10/11/2015The Residences 81 bed · Apartment933 sq ft⃃ 1,780,000Resale · Ready
08/11/2015The Residences 11 bed · Apartment915 sq ft⃃ 1,675,000Resale · Ready
29/10/2015The Residences 93 beds · Apartment2,599 sq ft⃃ 5,600,000Resale · 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 2015 with the whole of 2014.
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-residences-downtown/2015
The Residences Downtown Property Transactions 2015. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-residences-downtown/2015

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 Residences Downtown in 2015?
82 property sales worth ⃃ 354,817,289 were registered in The Residences Downtown in 2015. That is 28.7% lower than 2014.
What was the median property price in The Residences Downtown in 2015?
The median sale price was ⃃ 3,659,000 and the median price per square foot ⃃ 2,410 (1 Jan – 31 Dec 2015).
What share of 2015 sales in The Residences Downtown were off-plan or from developers?
Developer (primary) sales were 12.2% of the 82 sales and resales 87.8%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-residences-downtown/2015