Area · Transactions · 2017

Al Safouh First Property Transactions 2017

70 property sales worth ⃃ 123.93M were registered in Al Safouh First in 2017, 1.4% higher than 2016 by number of sales. The median sale price was ⃃ 1,344,139 and the median price per square foot ⃃ 1,379 (−1.5% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 70 salesUpdated: 18 Oct 2026
Property sales
70
+1.4% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 123.93M
−47.9% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 1,344,139
−2.3% vs 2016
70 sales
Median price per sq ft
⃃ 1,379
−1.5% vs 2016
70 sales

What types of property sold in Al Safouh First in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments6897.1%⃃ 119.47M⃃ 1,300,400⃃ 1,381
Commercial22.9%⃃ 4.47M⃃ 2,233,350⃃ 750

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
Primary (developer sales)4665.7%⃃ 69.7M⃃ 1,227,993⃃ 1,386
Resale (secondary)2434.3%⃃ 54.24M⃃ 1,575,000⃃ 1,318
Off-plan57.1%⃃ 12.17M⃃ 2,085,803⃃ 1,498
Ready6592.9%⃃ 111.77M⃃ 1,250,000⃃ 1,364

How many rental contracts were registered in Al Safouh First in 2017?

815 rental contracts (new and renewed) were registered in Al Safouh First in 2017, at a median annual rent of ⃃ 105,000 (−8.6% on 2016). Rental yields in Al Safouh First

What were the most expensive property sales in Al Safouh First in 2017?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2017?

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 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/al-safouh-first/2017
Al Safouh First Property Transactions 2017. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-safouh-first/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 Al Safouh First in 2017?
70 property sales worth ⃃ 123,934,798 were registered in Al Safouh First in 2017. That is 1.4% higher than 2016.
What was the median property price in Al Safouh First in 2017?
The median sale price was ⃃ 1,344,139 and the median price per square foot ⃃ 1,379 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Al Safouh First were off-plan or from developers?
Developer (primary) sales were 65.7% of the 70 sales and resales 34.3%. Off-plan units made up 7.1% and ready units 92.9%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/al-safouh-first/2017