Project · Transactions · 2016

Armani Residences Property Transactions 2016

9 property sales worth ⃃ 73.07M were registered in Armani Residences in 2016, 30.8% lower than 2015 by number of sales. The median sale price was ⃃ 6,967,691 and the median price per square foot ⃃ 5,166 (−1.8% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 9 salesUpdated: 18 Oct 2026
Property sales
9
−30.8% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 73.07M
−26.9% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 6,967,691
+2.0% vs 2015
9 sales
Median price per sq ft
⃃ 5,166
−1.8% vs 2015
9 sales

What types of property sold in Armani Residences in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments9100%⃃ 73.07M⃃ 6,967,691⃃ 5,166

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)333.3%⃃ 27.87M⃃ 10,274,144⃃ 5,166
Resale (secondary)666.7%⃃ 45.2M⃃ 6,000,000⃃ 5,266
Ready9100%⃃ 73.07M⃃ 6,967,691⃃ 5,166

How many rental contracts were registered in Armani Residences in 2016?

12 rental contracts (new and renewed) were registered in Armani Residences in 2016, at a median annual rent of ⃃ 222,500 (−4.3% on 2015). Rental yields in Armani Residences

What were the most expensive property sales in Armani Residences in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
29/05/2016Armani Residences2 beds · Apartment2,172 sq ft⃃ 15,600,000Resale · Ready
26/01/2016Armani Residences2 beds · Apartment2,058 sq ft⃃ 10,631,888Primary · Ready
04/12/2016Armani Residences2 beds · Apartment1,926 sq ft⃃ 10,500,000Resale · Ready
14/07/2016Armani Residences2 beds · Apartment2,058 sq ft⃃ 10,274,144Primary · Ready
19/04/2016Armani Residences1 bed · Apartment1,182 sq ft⃃ 6,967,691Primary · Ready
21/04/2016Armani Residences1 bed · Apartment1,051 sq ft⃃ 6,000,000Resale · Ready
28/12/2016Armani Residences1 bed · Apartment1,181 sq ft⃃ 6,000,000Resale · Ready
30/03/2016Armani Residences1 bed · Apartment1,184 sq ft⃃ 3,900,000Resale · Ready
08/09/2016Armani Residences1 bed · Apartment1,049 sq ft⃃ 3,200,000Resale · Ready

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/armani-residences/2016
Armani Residences Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/armani-residences/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 Armani Residences in 2016?
9 property sales worth ⃃ 73,073,723 were registered in Armani Residences in 2016. That is 30.8% lower than 2015.
What was the median property price in Armani Residences in 2016?
The median sale price was ⃃ 6,967,691 and the median price per square foot ⃃ 5,166 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Armani Residences were off-plan or from developers?
Developer (primary) sales were 33.3% of the 9 sales and resales 66.7%. Primary/resale and off-plan/ready are different splits.

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