Project · Transactions · 2017

Damac Business Tower Property Transactions 2017

14 property sales worth ⃃ 12.34M were registered in Damac Business Tower in 2017, 16.7% higher than 2016 by number of sales. The median sale price was ⃃ 800,000 and the median price per square foot ⃃ 962 (+1.0% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 14 salesUpdated: 19 Oct 2026
Property sales
14
+16.7% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 12.34M
+1.5% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 800,000
−20.8% vs 2016
14 sales
Median price per sq ft
⃃ 962
+1.0% vs 2016
14 sales

What types of property sold in Damac Business Tower in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial14100%⃃ 12.34M⃃ 800,000⃃ 962

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)17.1%⃃ 1.37M⃃ 1,367,003⃃ 1,398
Resale (secondary)1392.9%⃃ 10.98M⃃ 800,000⃃ 951
Ready14100%⃃ 12.34M⃃ 800,000⃃ 962

How many rental contracts were registered in Damac Business Tower in 2017?

106 rental contracts (new and renewed) were registered in Damac Business Tower in 2017, at a median annual rent of ⃃ 75,000 (−6.3% on 2016). Rental yields in Damac Business Tower

What were the most expensive property sales in Damac Business Tower in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
22/05/2017Damac Business TowerCommercial978 sq ft⃃ 1,864,095Resale · Ready
06/11/2017Damac Business TowerCommercial978 sq ft⃃ 1,367,003Primary · Ready
22/03/2017Damac Business TowerCommercial1,014 sq ft⃃ 1,013,960Resale · Ready
22/03/2017Damac Business TowerCommercial978 sq ft⃃ 978,010Resale · Ready
22/03/2017Damac Business TowerCommercial822 sq ft⃃ 822,040Resale · Ready
03/05/2017Damac Business TowerCommercial822 sq ft⃃ 800,000Resale · Ready
29/08/2017Damac Business TowerCommercial566 sq ft⃃ 800,000Resale · Ready
10/12/2017Damac Business TowerCommercial895 sq ft⃃ 800,000Resale · Ready
13/06/2017Damac Business TowerCommercial1,141 sq ft⃃ 800,000Resale · Ready
28/09/2017Damac Business TowerCommercial1,003 sq ft⃃ 752,242Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
10/12/2017Damac Business TowerCommercial895 sq ft⃃ 800,000Resale · Ready
06/11/2017Damac Business TowerCommercial978 sq ft⃃ 1,367,003Primary · Ready
28/09/2017Damac Business TowerCommercial1,003 sq ft⃃ 752,242Resale · Ready
28/09/2017Damac Business TowerCommercial956 sq ft⃃ 717,044Resale · Ready
29/08/2017Damac Business TowerCommercial566 sq ft⃃ 800,000Resale · Ready
13/06/2017Damac Business TowerCommercial1,141 sq ft⃃ 800,000Resale · Ready
12/06/2017Damac Business TowerCommercial895 sq ft⃃ 700,000Resale · Ready
22/05/2017Damac Business TowerCommercial978 sq ft⃃ 1,864,095Resale · Ready
03/05/2017Damac Business TowerCommercial822 sq ft⃃ 800,000Resale · Ready
22/03/2017Damac Business TowerCommercial978 sq ft⃃ 978,010Resale · 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/damac-business-tower/2017
Damac Business Tower Property Transactions 2017. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/damac-business-tower/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 Damac Business Tower in 2017?
14 property sales worth ⃃ 12,344,934 were registered in Damac Business Tower in 2017. That is 16.7% higher than 2016.
What was the median property price in Damac Business Tower in 2017?
The median sale price was ⃃ 800,000 and the median price per square foot ⃃ 962 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Damac Business Tower were off-plan or from developers?
Developer (primary) sales were 7.1% of the 14 sales and resales 92.9%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/damac-business-tower/2017