Building · Transactions · 2016

Concorde Tower 1 Property Transactions 2016

52 property sales worth ⃃ 51.03M were registered in Concorde Tower 1 in 2016, 34.2% lower than 2015 by number of sales. The median sale price was ⃃ 990,000 and the median price per square foot ⃃ 1,036 (−8.8% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 52 salesUpdated: 18 Oct 2026
Property sales
52
−34.2% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 51.03M
−39.0% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 990,000
+4.6% vs 2015
52 sales
Median price per sq ft
⃃ 1,036
−8.8% vs 2015
52 sales

What types of property sold in Concorde Tower 1 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4790.4%⃃ 46.73M⃃ 1,000,000⃃ 1,041
Commercial59.6%⃃ 4.3M⃃ 450,000⃃ 705

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)59.6%⃃ 3.11M⃃ 431,609⃃ 782
Resale (secondary)4790.4%⃃ 47.92M⃃ 1,005,000⃃ 1,068
Ready52100%⃃ 51.03M⃃ 990,000⃃ 1,036

How many rental contracts were registered in Concorde Tower 1 in 2016?

187 rental contracts (new and renewed) were registered in Concorde Tower 1 in 2016, at a median annual rent of ⃃ 78,000 (−2.5% on 2015). Rental yields in Concorde Tower 1

What were the most expensive property sales in Concorde Tower 1 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/02/2016Concorde Tower 12 beds · Apartment2,353 sq ft⃃ 2,400,000Resale · Ready
06/06/2016Concorde Tower 1Commercial1,313 sq ft⃃ 1,632,000Resale · Ready
25/09/2016Concorde Tower 1Commercial968 sq ft⃃ 1,500,000Resale · Ready
24/03/2016Concorde Tower 11 bed · Apartment1,249 sq ft⃃ 1,450,638Primary · Ready
03/04/2016Concorde Tower 11 bed · Apartment1,432 sq ft⃃ 1,425,000Resale · Ready
12/05/2016Concorde Tower 11 bed · Apartment1,439 sq ft⃃ 1,420,000Resale · Ready
11/05/2016Concorde Tower 11 bed · Apartment955 sq ft⃃ 1,400,000Resale · Ready
26/04/2016Concorde Tower 11 bed · Apartment1,432 sq ft⃃ 1,357,500Resale · Ready
07/11/2016Concorde Tower 11 bed · Apartment1,439 sq ft⃃ 1,320,000Resale · Ready
29/02/2016Concorde Tower 11 bed · Apartment1,432 sq ft⃃ 1,300,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
18/12/2016Concorde Tower 11 bed · Apartment819 sq ft⃃ 875,000Resale · Ready
07/12/2016Concorde Tower 11 bed · Apartment1,432 sq ft⃃ 1,180,000Resale · Ready
05/12/2016Concorde Tower 11 bed · Apartment971 sq ft⃃ 980,000Resale · Ready
28/11/2016Concorde Tower 11 bed · Apartment1,432 sq ft⃃ 1,200,000Resale · Ready
09/11/2016Concorde Tower 11 bed · Apartment980 sq ft⃃ 1,000,000Resale · Ready
07/11/2016Concorde Tower 11 bed · Apartment1,439 sq ft⃃ 1,320,000Resale · Ready
27/10/2016Concorde Tower 11 bed · Apartment1,432 sq ft⃃ 1,275,000Resale · Ready
12/10/2016Concorde Tower 1Commercial637 sq ft⃃ 325,507Resale · Ready
12/10/2016Concorde Tower 1Commercial638 sq ft⃃ 450,000Resale · Ready
12/10/2016Concorde Tower 1Commercial834 sq ft⃃ 390,000Resale · 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 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/concorde-tower-1/2016
Concorde Tower 1 Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/concorde-tower-1/2016

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 Concorde Tower 1 in 2016?
52 property sales worth ⃃ 51,025,500 were registered in Concorde Tower 1 in 2016. That is 34.2% lower than 2015.
What was the median property price in Concorde Tower 1 in 2016?
The median sale price was ⃃ 990,000 and the median price per square foot ⃃ 1,036 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Concorde Tower 1 were off-plan or from developers?
Developer (primary) sales were 9.6% of the 52 sales and resales 90.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/concorde-tower-1/2016