Project · Transactions · 2016

Coral Residence Property Transactions 2016

5 property sales worth ⃃ 2.96M were registered in Coral Residence in 2016, 72.2% lower than 2015 by number of sales. The median sale price was ⃃ 600,000 and the median price per square foot ⃃ 776 (−19.8% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 5 salesUpdated: 18 Oct 2026
Property sales
5
−72.2% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 2.96M
−78.3% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 600,000
−20.1% vs 2015
5 sales
Median price per sq ft
⃃ 776
−19.8% vs 2015
5 sales

What types of property sold in Coral Residence in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5100%⃃ 2.96M⃃ 600,000⃃ 776

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)120%⃃ 600K⃃ 600,000⃃ 501
Resale (secondary)480%⃃ 2.37M⃃ 600,000⃃ 776
Ready5100%⃃ 2.96M⃃ 600,000⃃ 776

How many rental contracts were registered in Coral Residence in 2016?

86 rental contracts (new and renewed) were registered in Coral Residence in 2016, at a median annual rent of ⃃ 58,835 (−1.9% on 2015). Rental yields in Coral Residence

What were the most expensive property sales in Coral Residence in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
18/02/2016Coral Residence1 bed · Apartment773 sq ft⃃ 615,000Resale · Ready
27/03/2016Coral Residence2 beds · Apartment1,197 sq ft⃃ 600,000Primary · Ready
31/08/2016Coral Residence1 bed · Apartment773 sq ft⃃ 600,000Resale · Ready
05/10/2016Coral Residence1 bed · Apartment773 sq ft⃃ 600,000Resale · Ready
02/11/2016Coral Residence1 bed · Apartment773 sq ft⃃ 550,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
02/11/2016Coral Residence1 bed · Apartment773 sq ft⃃ 550,000Resale · Ready
05/10/2016Coral Residence1 bed · Apartment773 sq ft⃃ 600,000Resale · Ready
31/08/2016Coral Residence1 bed · Apartment773 sq ft⃃ 600,000Resale · Ready
27/03/2016Coral Residence2 beds · Apartment1,197 sq ft⃃ 600,000Primary · Ready
18/02/2016Coral Residence1 bed · Apartment773 sq ft⃃ 615,000Resale · 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/coral-residence/2016
Coral Residence Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/coral-residence/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 Coral Residence in 2016?
5 property sales worth ⃃ 2,965,000 were registered in Coral Residence in 2016. That is 72.2% lower than 2015.
What was the median property price in Coral Residence in 2016?
The median sale price was ⃃ 600,000 and the median price per square foot ⃃ 776 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Coral Residence were off-plan or from developers?
Developer (primary) sales were 20% of the 5 sales and resales 80%. Primary/resale and off-plan/ready are different splits.

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