City · Transactions · 2016

Dubai Property Transactions 2016

41,188 property sales worth ⃃ 105.7B were registered in Dubai in 2016, 12.7% lower than 2015 by number of sales. The median sale price was ⃃ 1,200,000 and the median price per square foot ⃃ 979 (−0.6% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 41,188 salesUpdated: 17 Oct 2026
Property sales
41,188
−12.7% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 105.7B
−16.7% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,200,000
−8.6% vs 2015
41,188 sales
Median price per sq ft
⃃ 979
−0.6% vs 2015
41,188 sales

What types of property sold in Dubai in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments27,56566.9%⃃ 36.9B⃃ 900,000⃃ 1,102
Villas4,73911.5%⃃ 17.7B⃃ 2,700,000⃃ 893
Commercial2,0304.9%⃃ 3.4B⃃ 959,953⃃ 972

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)25,88962.9%⃃ 68.6B⃃ 1,210,000⃃ 979
Resale (secondary)15,29937.1%⃃ 37.1B⃃ 1,180,000⃃ 978
Off-plan16,92341.1%⃃ 32.3B⃃ 1,219,290⃃ 1,103
Ready24,26558.9%⃃ 73.4B⃃ 1,200,000⃃ 911

How many rental contracts were registered in Dubai in 2016?

440,682 rental contracts (new and renewed) were registered in Dubai in 2016, at a median annual rent of ⃃ 66,550 (+2.4% on 2015). Rental yields in Dubai

What were the most expensive property sales in Dubai in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/11/2016Al Hebiah FourthPlot17,227,688 sq ft⃃ 900,000,000Primary · Ready
08/11/2016Tilal Al GhafPlot5,368,699 sq ft⃃ 750,000,000Primary · Ready
13/04/2016Wadi Al Safa 4Plot4,673,520 sq ft⃃ 722,038,146Resale · Ready
24/03/2016World IslandsPlot6,073,276 sq ft⃃ 390,064,800Primary · Ready
08/06/2016Saih Shuaib 1Plot3,547,997 sq ft⃃ 390,000,000Primary · Ready
01/11/2016Trade Center SecondPlot10,000 sq ft⃃ 385,000,000Resale · Ready
12/10/2016Al Barsha South TwoPlot931,745 sq ft⃃ 352,418,503Primary · Ready
25/04/2016Meydan RacecoursePlot329,058 sq ft⃃ 350,991,967Primary · Ready
29/08/2016Dubai International Academic CityPlot642,720 sq ft⃃ 289,224,000Primary · Ready
22/08/2016Trade Center FirstPlot12,500 sq ft⃃ 270,000,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
29/12/2016Burj Daman3 beds · Apartment2,437 sq ft⃃ 4,200,000Resale · Ready
28/12/2016Park Towers-23 beds · Apartment1,931 sq ft⃃ 2,400,000Resale · Ready
28/12/2016Classic Soccer TowerStudio · Apartment496 sq ft⃃ 370,000Primary · Off-plan
28/12/2016Burj Pacific2 beds · Apartment1,446 sq ft⃃ 1,156,473Primary · Off-plan
28/12/2016Burj Pacific2 beds · Apartment1,446 sq ft⃃ 1,156,473Primary · Off-plan
28/12/2016Burj Pacific3 beds · Apartment2,153 sq ft⃃ 1,722,224Primary · Off-plan
28/12/2016Serenia Residences Building A2 beds · Apartment1,526 sq ft⃃ 4,456,200Resale · Off-plan
28/12/2016Cricket Tower1 bed · Apartment677 sq ft⃃ 518,408Resale · Ready
28/12/2016Park Point Building A1 bed · Apartment672 sq ft⃃ 922,888Primary · Off-plan
28/12/2016Park Point Building A2 beds · Apartment1,053 sq ft⃃ 1,417,888Primary · Off-plan

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/dubai/2016
Dubai Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/dubai/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 Dubai in 2016?
41,188 property sales worth ⃃ 105,733,979,086 were registered in Dubai in 2016. That is 12.7% lower than 2015.
What was the median property price in Dubai in 2016?
The median sale price was ⃃ 1,200,000 and the median price per square foot ⃃ 979 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Dubai were off-plan or from developers?
Developer (primary) sales were 62.9% of the 41,188 sales and resales 37.1%. Off-plan units made up 41.1% and ready units 58.9%. Primary/resale and off-plan/ready are different splits.

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