Master Project · Transactions · 2017

Festival City Property Transactions 2017

60 property sales worth ⃃ 148.09M were registered in Festival City in 2017, 42.9% higher than 2016 by number of sales. The median sale price was ⃃ 2,257,000 and the median price per square foot ⃃ 1,137 (−16.9% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 60 salesUpdated: 19 Oct 2026
Property sales
60
+42.9% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 148.09M
+12.6% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 2,257,000
−24.1% vs 2016
60 sales
Median price per sq ft
⃃ 1,137
−16.9% vs 2016
60 sales

What types of property sold in Festival City in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5896.7%⃃ 135.79M⃃ 2,223,000⃃ 1,128
Villas23.3%⃃ 12.3M⃃ 6,150,000⃃ 1,363

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)5083.3%⃃ 111.53M⃃ 2,166,000⃃ 1,153
Resale (secondary)1016.7%⃃ 36.56M⃃ 3,218,000⃃ 1,065
Ready60100%⃃ 148.09M⃃ 2,257,000⃃ 1,137

How many rental contracts were registered in Festival City in 2017?

636 rental contracts (new and renewed) were registered in Festival City in 2017, at a median annual rent of ⃃ 180,000 (−44.4% on 2016). Rental yields in Festival City

What were the most expensive property sales in Festival City in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
22/05/2017Festival City4 beds · Villa4,026 sq ft⃃ 6,500,000Resale · Ready
19/06/2017Festival City3 beds · Villa4,402 sq ft⃃ 5,800,000Resale · Ready
16/03/2017Al Badia Residences Buildings 113 beds · Apartment7,492 sq ft⃃ 4,500,000Resale · Ready
23/05/2017Al Badia Hillside 13 beds · Apartment4,044 sq ft⃃ 3,500,000Resale · Ready
19/01/2017Al Badia Residences Buildings 113 beds · Apartment3,110 sq ft⃃ 3,500,000Resale · Ready
23/08/2017Al Badia Residences Buildings 33 beds · Apartment2,503 sq ft⃃ 3,447,000Primary · Ready
29/06/2017Al Badia Residences Buildings 83 beds · Apartment2,262 sq ft⃃ 3,350,000Primary · Ready
22/08/2017Al Badia Residences Buildings 83 beds · Apartment2,262 sq ft⃃ 3,290,000Primary · Ready
23/02/2017Al Badia Residences Buildings 113 beds · Apartment2,594 sq ft⃃ 3,200,000Primary · Ready
21/08/2017Al Badia Hillside 53 beds · Apartment2,784 sq ft⃃ 3,088,000Primary · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
27/12/2017Al Badia Hillside 51 bed · Apartment1,240 sq ft⃃ 1,541,000Primary · Ready
14/12/2017Al Badia Residences Buildings 83 beds · Apartment2,183 sq ft⃃ 2,550,000Resale · Ready
04/12/2017Al Badia Hillside 33 beds · Apartment2,488 sq ft⃃ 2,806,000Primary · Ready
04/12/2017Al Badia Hillside 62 beds · Apartment1,787 sq ft⃃ 2,158,000Primary · Ready
27/11/2017Al Badia Hillside 72 beds · Apartment1,896 sq ft⃃ 2,174,000Primary · Ready
21/11/2017Al Badia Hillside 22 beds · Apartment2,239 sq ft⃃ 1,911,000Primary · Ready
19/11/2017Al Badia Hillside 51 bed · Apartment1,450 sq ft⃃ 1,729,000Primary · Ready
16/11/2017Al Badia Hillside 31 bed · Apartment1,608 sq ft⃃ 1,775,000Primary · Ready
14/11/2017Al Badia Hillside 22 beds · Apartment1,806 sq ft⃃ 2,185,000Primary · Ready
12/11/2017Al Badia Hillside 41 bed · Apartment1,185 sq ft⃃ 1,444,000Primary · 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/festival-city/2017
Festival City Property Transactions 2017. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/festival-city/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 Festival City in 2017?
60 property sales worth ⃃ 148,088,000 were registered in Festival City in 2017. That is 42.9% higher than 2016.
What was the median property price in Festival City in 2017?
The median sale price was ⃃ 2,257,000 and the median price per square foot ⃃ 1,137 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Festival City were off-plan or from developers?
Developer (primary) sales were 83.3% of the 60 sales and resales 16.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/festival-city/2017