Master Project · Transactions · 2016

Discovery Gardens Property Transactions 2016

489 property sales worth ⃃ 517.11M were registered in Discovery Gardens in 2016, 1.9% higher than 2015 by number of sales. The median sale price was ⃃ 600,000 and the median price per square foot ⃃ 801 (−0.8% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 489 salesUpdated: 18 Oct 2026
Property sales
489
+1.9% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 517.11M
+40.2% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 600,000
+10.1% vs 2015
489 sales
Median price per sq ft
⃃ 801
−0.8% vs 2015
489 sales

What types of property sold in Discovery Gardens in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments48499%⃃ 284.31M⃃ 600,000⃃ 801

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)142.9%⃃ 148.61M⃃ 683,750⃃ 791
Resale (secondary)47597.1%⃃ 368.5M⃃ 600,000⃃ 801
Ready489100%⃃ 517.11M⃃ 600,000⃃ 801

How many rental contracts were registered in Discovery Gardens in 2016?

12,381 rental contracts (new and renewed) were registered in Discovery Gardens in 2016, at a median annual rent of ⃃ 54,000 (+7.5% on 2015). Rental yields in Discovery Gardens

What were the most expensive property sales in Discovery Gardens in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
13/12/2016Discovery GardensPlot14,249 sq ft⃃ 57,000,000Primary · Ready
04/12/2016Discovery GardensPlot14,122 sq ft⃃ 46,500,000Primary · Ready
05/10/2016Discovery GardensPlot16,382 sq ft⃃ 45,000,000Resale · Ready
05/10/2016Discovery GardensPlot16,286 sq ft⃃ 45,000,000Resale · Ready
06/04/2016Discovery GardensPlot15,862 sq ft⃃ 39,300,000Primary · Ready
04/08/2016ZEN2-201 bed · Apartment1,084 sq ft⃃ 900,000Resale · Ready
20/07/2016ZEN2-201 bed · Apartment1,143 sq ft⃃ 885,000Resale · Ready
31/01/2016Med 621 bed · Apartment980 sq ft⃃ 850,000Resale · Ready
22/05/2016Mog 1971 bed · Apartment872 sq ft⃃ 820,000Primary · Ready
26/10/2016Mog 1971 bed · Apartment872 sq ft⃃ 820,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
28/12/2016Med 60Studio · Apartment527 sq ft⃃ 490,000Resale · Ready
28/12/2016Med 60Studio · Apartment484 sq ft⃃ 490,000Resale · Ready
28/12/2016Med 60Studio · Apartment484 sq ft⃃ 490,000Resale · Ready
28/12/2016Med 60Studio · Apartment527 sq ft⃃ 490,000Resale · Ready
28/12/2016Med 53Studio · Apartment527 sq ft⃃ 530,000Resale · Ready
26/12/2016Mog 1941 bed · Apartment1,001 sq ft⃃ 710,000Resale · Ready
26/12/2016Med 89Studio · Apartment527 sq ft⃃ 512,000Resale · Ready
25/12/2016Med 731 bed · Apartment829 sq ft⃃ 705,000Resale · Ready
22/12/2016Med 58Studio · Apartment474 sq ft⃃ 495,000Resale · Ready
22/12/2016Med 601 bed · Apartment958 sq ft⃃ 690,000Resale · 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/discovery-gardens/2016
Discovery Gardens Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/discovery-gardens/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 Discovery Gardens in 2016?
489 property sales worth ⃃ 517,111,279 were registered in Discovery Gardens in 2016. That is 1.9% higher than 2015.
What was the median property price in Discovery Gardens in 2016?
The median sale price was ⃃ 600,000 and the median price per square foot ⃃ 801 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Discovery Gardens were off-plan or from developers?
Developer (primary) sales were 2.9% of the 489 sales and resales 97.1%. Primary/resale and off-plan/ready are different splits.

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