Project · Transactions · 2016

First Central Property Transactions 2016

59 property sales worth ⃃ 75.5M were registered in First Central in 2016, 742.9% higher than 2015 by number of sales. The median sale price was ⃃ 1,291,201 and the median price per square foot ⃃ 2,867 (−7.3% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 59 salesUpdated: 17 Oct 2026
Property sales
59
+742.9% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 75.5M
+678.8% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,291,201
−4.4% vs 2015
59 sales
Median price per sq ft
⃃ 2,867
−7.3% vs 2015
59 sales

What types of property sold in First Central in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments59100%⃃ 75.5M⃃ 1,291,201⃃ 2,867

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)5898.3%⃃ 75.02M⃃ 1,291,913⃃ 2,891
Resale (secondary)11.7%⃃ 480K⃃ 480,000⃃ 743
Ready59100%⃃ 75.5M⃃ 1,291,201⃃ 2,867

What were the most expensive property sales in First Central in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
03/08/2016First Central1 bed · Apartment572 sq ft⃃ 1,814,175Primary · Ready
17/08/2016First Central1 bed · Apartment555 sq ft⃃ 1,810,853Primary · Ready
23/08/2016First CentralStudio · Apartment369 sq ft⃃ 1,699,000Primary · Ready
16/08/2016First CentralStudio · Apartment328 sq ft⃃ 1,642,974Primary · Ready
31/08/2016First CentralStudio · Apartment329 sq ft⃃ 1,602,231Primary · Ready
26/10/2016First Central1 bed · Apartment558 sq ft⃃ 1,600,000Primary · Ready
20/06/2016First Central1 bed · Apartment643 sq ft⃃ 1,586,236Primary · Ready
20/10/2016First Central1 bed · Apartment464 sq ft⃃ 1,584,525Primary · Ready
18/08/2016First CentralStudio · Apartment337 sq ft⃃ 1,521,000Primary · Ready
17/08/2016First Central1 bed · Apartment552 sq ft⃃ 1,516,441Primary · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
07/12/2016First CentralStudio · Apartment360 sq ft⃃ 1,282,750Primary · Ready
07/12/2016First CentralStudio · Apartment342 sq ft⃃ 1,282,750Primary · Ready
29/11/2016First CentralStudio · Apartment327 sq ft⃃ 1,129,406Primary · Ready
13/11/2016First Central1 bed · Apartment555 sq ft⃃ 1,261,966Primary · Ready
13/11/2016First Central1 bed · Apartment550 sq ft⃃ 1,261,966Primary · Ready
02/11/2016First Central1 bed · Apartment642 sq ft⃃ 1,182,000Primary · Ready
26/10/2016First Central1 bed · Apartment646 sq ft⃃ 1,084,000Primary · Ready
26/10/2016First Central1 bed · Apartment558 sq ft⃃ 1,600,000Primary · Ready
20/10/2016First CentralStudio · Apartment332 sq ft⃃ 1,466,000Primary · Ready
20/10/2016First Central1 bed · Apartment464 sq ft⃃ 1,584,525Primary · 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/first-central/2016
First Central Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/first-central/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 First Central in 2016?
59 property sales worth ⃃ 75,497,965 were registered in First Central in 2016. That is 742.9% higher than 2015.
What was the median property price in First Central in 2016?
The median sale price was ⃃ 1,291,201 and the median price per square foot ⃃ 2,867 (1 Jan – 31 Dec 2016).
What share of 2016 sales in First Central were off-plan or from developers?
Developer (primary) sales were 98.3% of the 59 sales and resales 1.7%. Primary/resale and off-plan/ready are different splits.

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