Project · Transactions · 2016

Al Manara Property Transactions 2016

25 property sales worth ⃃ 27.18M were registered in Al Manara in 2016, 34.2% lower than 2015 by number of sales. The median sale price was ⃃ 900,000 and the median price per square foot ⃃ 940 (−20.3% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 25 salesUpdated: 18 Oct 2026
Property sales
25
−34.2% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 27.18M
−53.6% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 900,000
−28.0% vs 2015
25 sales
Median price per sq ft
⃃ 940
−20.3% vs 2015
25 sales

What types of property sold in Al Manara in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial25100%⃃ 27.18M⃃ 900,000⃃ 940

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)728%⃃ 6.82M⃃ 900,000⃃ 900
Resale (secondary)1872%⃃ 20.36M⃃ 893,703⃃ 997
Ready25100%⃃ 27.18M⃃ 900,000⃃ 940

How many rental contracts were registered in Al Manara in 2016?

601 rental contracts (new and renewed) were registered in Al Manara in 2016, at a median annual rent of ⃃ 200,000 (+5.8% on 2015). Rental yields in Al Manara

What were the most expensive property sales in Al Manara in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/09/2016Al ManaraCommercial1,512 sq ft⃃ 2,100,000Resale · Ready
07/08/2016Al ManaraCommercial1,466 sq ft⃃ 1,900,000Resale · Ready
17/07/2016Al ManaraCommercial1,650 sq ft⃃ 1,815,473Resale · Ready
14/08/2016Al ManaraCommercial1,391 sq ft⃃ 1,600,000Resale · Ready
27/01/2016Al ManaraCommercial1,566 sq ft⃃ 1,558,594Resale · Ready
17/10/2016Al ManaraCommercial1,404 sq ft⃃ 1,474,200Resale · Ready
28/11/2016Al ManaraCommercial1,512 sq ft⃃ 1,360,611Primary · Ready
17/07/2016Al ManaraCommercial1,134 sq ft⃃ 1,133,870Resale · Ready
28/11/2016Al ManaraCommercial1,239 sq ft⃃ 1,115,028Primary · Ready
17/07/2016Al ManaraCommercial1,006 sq ft⃃ 1,005,560Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
28/11/2016Al ManaraCommercial932 sq ft⃃ 838,458Primary · Ready
28/11/2016Al ManaraCommercial1,239 sq ft⃃ 1,115,028Primary · Ready
28/11/2016Al ManaraCommercial1,512 sq ft⃃ 1,360,611Primary · Ready
28/11/2016Al ManaraCommercial999 sq ft⃃ 899,289Primary · Ready
28/11/2016Al ManaraCommercial816 sq ft⃃ 734,508Primary · Ready
10/11/2016Al ManaraCommercial940 sq ft⃃ 846,000Resale · Ready
10/11/2016Al ManaraCommercial815 sq ft⃃ 733,149Resale · Ready
02/11/2016Al ManaraCommercial940 sq ft⃃ 846,000Resale · Ready
27/10/2016Al ManaraCommercial662 sq ft⃃ 661,660Resale · Ready
19/10/2016Al ManaraCommercial940 sq ft⃃ 900,000Primary · 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/al-manara-x/2016
Al Manara Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-manara-x/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 Al Manara in 2016?
25 property sales worth ⃃ 27,179,048 were registered in Al Manara in 2016. That is 34.2% lower than 2015.
What was the median property price in Al Manara in 2016?
The median sale price was ⃃ 900,000 and the median price per square foot ⃃ 940 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Al Manara were off-plan or from developers?
Developer (primary) sales were 28% of the 25 sales and resales 72%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/al-manara-x/2016