Building · Transactions · 2015

Elite Residence 1 Property Transactions 2015

20 property sales worth ⃃ 12.75M were registered in Elite Residence 1 in 2015, 37.5% lower than 2014 by number of sales. The median sale price was ⃃ 537,500 and the median price per square foot ⃃ 992 (−9.4% on 2014).

Period: 1 Jan – 31 Dec 2015Compared with: 2014Sample: 20 salesUpdated: 18 Oct 2026
Property sales
20
−37.5% vs 2014
1 Jan – 31 Dec 2015
Total value
⃃ 12.75M
−41.3% vs 2014
1 Jan – 31 Dec 2015
Median sale price
⃃ 537,500
−9.7% vs 2014
20 sales
Median price per sq ft
⃃ 992
−9.4% vs 2014
20 sales

What types of property sold in Elite Residence 1 in 2015?

1 Jan – 31 Dec 2015

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments20100%⃃ 12.75M⃃ 537,500⃃ 992

How were 2015 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)315%⃃ 1.21M⃃ 425,000⃃ 552
Resale (secondary)1785%⃃ 11.54M⃃ 600,000⃃ 1,011
Ready20100%⃃ 12.75M⃃ 537,500⃃ 992

How many rental contracts were registered in Elite Residence 1 in 2015?

159 rental contracts (new and renewed) were registered in Elite Residence 1 in 2015, at a median annual rent of ⃃ 50,000. Rental yields in Elite Residence 1

What were the most expensive property sales in Elite Residence 1 in 2015?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
04/01/2015Elite Residence 12 beds · Apartment1,012 sq ft⃃ 1,357,770Resale · Ready
10/09/2015Elite Residence 12 beds · Apartment1,017 sq ft⃃ 1,050,000Resale · Ready
13/08/2015Elite Residence 12 beds · Apartment1,012 sq ft⃃ 880,000Resale · Ready
15/07/2015Elite Residence 11 bed · Apartment823 sq ft⃃ 860,000Resale · Ready
18/11/2015Elite Residence 11 bed · Apartment781 sq ft⃃ 750,000Resale · Ready
19/08/2015Elite Residence 11 bed · Apartment770 sq ft⃃ 750,000Resale · Ready
13/09/2015Elite Residence 11 bed · Apartment768 sq ft⃃ 740,000Resale · Ready
12/01/2015Elite Residence 11 bed · Apartment801 sq ft⃃ 600,000Resale · Ready
12/01/2015Elite Residence 11 bed · Apartment823 sq ft⃃ 600,000Resale · Ready
08/12/2015Elite Residence 1Studio · Apartment435 sq ft⃃ 540,000Resale · Ready

What were the last registered sales of 2015?

DatePropertyTypeSizePriceMarket
08/12/2015Elite Residence 1Studio · Apartment435 sq ft⃃ 540,000Resale · Ready
18/11/2015Elite Residence 11 bed · Apartment781 sq ft⃃ 750,000Resale · Ready
15/11/2015Elite Residence 1Studio · Apartment475 sq ft⃃ 480,000Resale · Ready
11/10/2015Elite Residence 1Studio · Apartment435 sq ft⃃ 440,000Resale · Ready
13/09/2015Elite Residence 11 bed · Apartment768 sq ft⃃ 740,000Resale · Ready
10/09/2015Elite Residence 12 beds · Apartment1,017 sq ft⃃ 1,050,000Resale · Ready
19/08/2015Elite Residence 11 bed · Apartment770 sq ft⃃ 750,000Resale · Ready
13/08/2015Elite Residence 12 beds · Apartment1,012 sq ft⃃ 880,000Resale · Ready
23/07/2015Elite Residence 1Studio · Apartment478 sq ft⃃ 495,000Resale · Ready
15/07/2015Elite Residence 11 bed · Apartment823 sq ft⃃ 860,000Resale · 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 2015 with the whole of 2014.
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/elite-residence-1/2015
Elite Residence 1 Property Transactions 2015. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/elite-residence-1/2015

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 Elite Residence 1 in 2015?
20 property sales worth ⃃ 12,751,388 were registered in Elite Residence 1 in 2015. That is 37.5% lower than 2014.
What was the median property price in Elite Residence 1 in 2015?
The median sale price was ⃃ 537,500 and the median price per square foot ⃃ 992 (1 Jan – 31 Dec 2015).
What share of 2015 sales in Elite Residence 1 were off-plan or from developers?
Developer (primary) sales were 15% of the 20 sales and resales 85%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/elite-residence-1/2015