Area · Transactions · 2016

Al Wasl Property Transactions 2016

1,008 property sales worth ⃃ 2.9B were registered in Al Wasl in 2016, 100700.0% higher than 2015 by number of sales. The median sale price was ⃃ 2,713,603 and the median price per square foot ⃃ 1,413 (+137.6% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 1,008 salesUpdated: 17 Oct 2026
Property sales
1,008
+100700.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 2.9B
+48705.0% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 2,713,603
−54.8% vs 2015
1,008 sales
Median price per sq ft
⃃ 1,413
+137.6% vs 2015
1,008 sales

What types of property sold in Al Wasl in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1,00099.2%⃃ 2.9B⃃ 2,678,309⃃ 1,414
Villas10.1%⃃ 4.61M⃃ 4,611,949⃃ 164

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)93192.4%⃃ 2.7B⃃ 2,645,000⃃ 1,406
Resale (secondary)777.6%⃃ 247.03M⃃ 2,948,649⃃ 1,661
Off-plan52652.2%⃃ 1.5B⃃ 2,636,000⃃ 1,406
Ready48247.8%⃃ 1.4B⃃ 2,778,054⃃ 1,450

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

215 rental contracts (new and renewed) were registered in Al Wasl in 2016, at a median annual rent of ⃃ 119,542 (+40.6% on 2015). Rental yields in Al Wasl

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/12/2016Citywalk Building 13b4 beds · Apartment7,362 sq ft⃃ 12,413,000Primary · Ready
26/10/2016Citywalk Building 21b4 beds · Apartment7,361 sq ft⃃ 10,402,000Primary · Ready
22/12/2016Citywalk Building 18b4 beds · Apartment7,359 sq ft⃃ 10,344,000Primary · Off-plan
11/08/2016Citywalk Building 21a4 beds · Apartment7,357 sq ft⃃ 9,959,000Primary · Off-plan
29/06/2016Citywalk Building 2a4 beds · Apartment5,614 sq ft⃃ 9,323,243Resale · Off-plan
17/08/2016Citywalk Building 13a4 beds · Apartment7,362 sq ft⃃ 8,362,000Primary · Ready
23/06/2016Al WaslPlot15,000 sq ft⃃ 8,290,000Primary · Ready
21/08/2016Al WaslPlot25,034 sq ft⃃ 8,200,000Primary · Ready
05/04/2016Al WaslPlot15,000 sq ft⃃ 8,200,000Resale · Ready
07/02/2016Al WaslPlot15,000 sq ft⃃ 8,000,000Primary · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
28/12/2016Citywalk Building 73 beds · Apartment2,868 sq ft⃃ 5,086,547Resale · Ready
27/12/2016Citywalk Building 12 beds · Apartment1,774 sq ft⃃ 3,069,000Primary · Ready
27/12/2016Citywalk Building 13 beds · Apartment2,272 sq ft⃃ 3,928,000Primary · Ready
27/12/2016Citywalk Building 12 beds · Apartment1,756 sq ft⃃ 3,037,000Primary · Ready
27/12/2016Citywalk Building 12 beds · Apartment1,722 sq ft⃃ 2,978,000Primary · Ready
27/12/2016Citywalk Building 14 beds · Apartment4,476 sq ft⃃ 7,742,000Primary · Ready
27/12/2016Citywalk Building 13 beds · Apartment3,005 sq ft⃃ 5,197,000Primary · Ready
27/12/2016Citywalk Building 12 beds · Apartment1,697 sq ft⃃ 2,936,000Primary · Ready
27/12/2016Citywalk Building 12 beds · Apartment1,756 sq ft⃃ 3,037,000Primary · Ready
27/12/2016Citywalk Building 13 beds · Apartment2,574 sq ft⃃ 4,451,000Primary · 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-wasl/2016
Al Wasl Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/al-wasl/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 Wasl in 2016?
1,008 property sales worth ⃃ 2,928,301,511 were registered in Al Wasl in 2016. That is 100700.0% higher than 2015.
What was the median property price in Al Wasl in 2016?
The median sale price was ⃃ 2,713,603 and the median price per square foot ⃃ 1,413 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Al Wasl were off-plan or from developers?
Developer (primary) sales were 92.4% of the 1,008 sales and resales 7.6%. Off-plan units made up 52.2% and ready units 47.8%. Primary/resale and off-plan/ready are different splits.

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