Project · Transactions · 2017

Central Business District Property Transactions 2017

34 property sales worth AED 12.77M were registered in Central Business District in 2017, unchanged from 2016 by number of sales. The median sale price was AED 372,500 and the median price per square foot AED 624 (−7.4% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 34 salesUpdated: 19 Oct 2026
Property sales
34
0.0% vs 2016
1 Jan – 31 Dec 2017
Total value
AED 12.77M
−4.2% vs 2016
1 Jan – 31 Dec 2017
Median sale price
AED 372,500
+2.2% vs 2016
34 sales
Median price per sq ft
AED 624
−7.4% vs 2016
34 sales

What types of property sold in Central Business District in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments2985.3%AED 10.85MAED 370,000AED 620
Commercial514.7%AED 1.92MAED 460,000AED 753

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)12.9%AED 108KAED 108,028AED 1,000
Resale (secondary)3397.1%AED 12.66MAED 375,000AED 624
Off-plan1544.1%AED 5.91MAED 400,000AED 624
Ready1955.9%AED 6.86MAED 350,000AED 678

How many rental contracts were registered in Central Business District in 2017?

462 rental contracts (new and renewed) were registered in Central Business District in 2017, at a median annual rent of AED 41,888 (−1.4% on 2016). Rental yields in Central Business District

What were the most expensive property sales in Central Business District in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/07/2017D-021 bed · Apartment721 sq ftAED 500,000Resale · Ready
06/08/2017E07Commercial657 sq ftAED 495,000Resale · Off-plan
22/08/2017D08Commercial678 sq ftAED 490,000Resale · Off-plan
27/02/2017D-021 bed · Apartment721 sq ftAED 490,000Resale · Ready
20/06/2017D-071 bed · Apartment715 sq ftAED 485,000Resale · Ready
25/04/2017D08Commercial657 sq ftAED 460,000Resale · Off-plan
17/05/2017D081 bed · Apartment721 sq ftAED 450,000Resale · Off-plan
23/03/2017D081 bed · Apartment721 sq ftAED 450,000Resale · Off-plan
17/07/2017E-061 bed · Apartment715 sq ftAED 430,000Resale · Ready
26/03/2017D-021 bed · Apartment721 sq ftAED 420,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
24/12/2017E-061 bed · Apartment724 sq ftAED 400,000Resale · Ready
17/12/2017E051 bed · Apartment724 sq ftAED 415,000Resale · Off-plan
15/11/2017E-06Studio · Apartment490 sq ftAED 300,000Resale · Ready
14/11/2017D08Studio · Apartment484 sq ftAED 350,000Resale · Off-plan
13/11/2017E071 bed · Apartment721 sq ftAED 400,000Resale · Off-plan
08/11/2017E07Studio · Apartment484 sq ftAED 300,000Resale · Off-plan
06/11/2017D-07Studio · Apartment434 sq ftAED 345,000Resale · Ready
31/10/2017E05Commercial431 sq ftAED 370,000Resale · Off-plan
23/10/2017E051 bed · Apartment666 sq ftAED 410,000Resale · Off-plan
23/08/2017D-07Studio · Apartment489 sq ftAED 342,000Resale · 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 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/central-business-district/2017
Central Business District Property Transactions 2017. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/central-business-district/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 Central Business District in 2017?
34 property sales worth AED 12,770,028 were registered in Central Business District in 2017. That is unchanged from 2016.
What was the median property price in Central Business District in 2017?
The median sale price was AED 372,500 and the median price per square foot AED 624 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Central Business District were off-plan or from developers?
Developer (primary) sales were 2.9% of the 34 sales and resales 97.1%. Off-plan units made up 44.1% and ready units 55.9%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/central-business-district/2017