Area · Transactions · 2016

Al Merkadh Property Transactions 2016

86 property sales worth ⃃ 1.3B were registered in Al Merkadh in 2016, 80.0% lower than 2015 by number of sales. The median sale price was ⃃ 12,531,600 and the median price per square foot ⃃ 1,607 (−4.5% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 86 salesUpdated: 17 Oct 2026
Property sales
86
−80.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 1.3B
−80.3% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 12,531,600
−1.4% vs 2015
86 sales
Median price per sq ft
⃃ 1,607
−4.5% vs 2015
86 sales

What types of property sold in Al Merkadh in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2124.4%⃃ 31.74M⃃ 1,263,589⃃ 1,471
Villas6373.3%⃃ 1.2B⃃ 13,790,700⃃ 1,703

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)6980.2%⃃ 1B⃃ 12,566,410⃃ 1,613
Resale (secondary)1719.8%⃃ 240.01M⃃ 11,278,440⃃ 1,527
Off-plan8497.7%⃃ 1.2B⃃ 12,531,600⃃ 1,609
Ready22.3%⃃ 21.75M⃃ 10,873,499⃃ 274

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

1 rental contracts (new and renewed) were registered in Al Merkadh in 2016, at a median annual rent of ⃃ 103,980 (−25.0% on 2015). Rental yields in Al Merkadh

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
10/03/2016District One Villas, Phase 28 beds · Villa47,099 sq ft⃃ 95,613,985Primary · Off-plan
08/05/2016District One Villas, Phase 18 beds · Villa30,617 sq ft⃃ 65,974,550Resale · Off-plan
02/03/2016District One Villas, Phase 18 beds · Villa30,617 sq ft⃃ 65,974,550Primary · Off-plan
02/03/2016District One Villas, Phase 18 beds · Villa32,204 sq ft⃃ 65,382,850Primary · Off-plan
10/03/2016District One Villas, Phase 27 beds · Villa18,825 sq ft⃃ 52,636,536Primary · Off-plan
22/09/2016District One Villas, Phase 17 beds · Villa25,651 sq ft⃃ 30,081,240Primary · Off-plan
22/09/2016District One Villas, Phase 27 beds · Villa16,843 sq ft⃃ 29,499,960Primary · Off-plan
22/08/2016District One Villas, Phase 17 beds · Villa18,936 sq ft⃃ 29,499,960Primary · Off-plan
21/03/2016District One Villas, Phase 26 beds · Villa13,792 sq ft⃃ 26,178,320Primary · Off-plan
01/02/2016District One Villas, Phase 26 beds · Villa12,109 sq ft⃃ 25,872,000Primary · Off-plan

What were the last registered sales of 2016?

No transactions on record for this selection.

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-merkadh/2016
Al Merkadh Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-merkadh/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 Merkadh in 2016?
86 property sales worth ⃃ 1,261,752,713 were registered in Al Merkadh in 2016. That is 80.0% lower than 2015.
What was the median property price in Al Merkadh in 2016?
The median sale price was ⃃ 12,531,600 and the median price per square foot ⃃ 1,607 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Al Merkadh were off-plan or from developers?
Developer (primary) sales were 80.2% of the 86 sales and resales 19.8%. Off-plan units made up 97.7% and ready units 2.3%. Primary/resale and off-plan/ready are different splits.

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