Project · Transactions · 2016

I - Rise Tower Property Transactions 2016

9 property sales worth ⃃ 14.21M were registered in I - Rise Tower in 2016, 83.3% lower than 2015 by number of sales. The median sale price was ⃃ 1,286,578 and the median price per square foot ⃃ 1,134 (−1.4% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 9 salesUpdated: 18 Oct 2026
Property sales
9
−83.3% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 14.21M
−87.3% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,286,578
+8.8% vs 2015
9 sales
Median price per sq ft
⃃ 1,134
−1.4% vs 2015
9 sales

What types of property sold in I - Rise Tower in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial9100%⃃ 14.21M⃃ 1,286,578⃃ 1,134

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)222.2%⃃ 2.23M⃃ 1,115,051⃃ 1,170
Resale (secondary)777.8%⃃ 11.98M⃃ 1,345,448⃃ 1,050
Ready9100%⃃ 14.21M⃃ 1,286,578⃃ 1,134

How many rental contracts were registered in I - Rise Tower in 2016?

120 rental contracts (new and renewed) were registered in I - Rise Tower in 2016, at a median annual rent of ⃃ 94,188 (0.0% on 2015). Rental yields in I - Rise Tower

What were the most expensive property sales in I - Rise Tower in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
18/02/2016I - Rise TowerCommercial3,460 sq ft⃃ 3,500,000Resale · Ready
22/12/2016I - Rise TowerCommercial2,383 sq ft⃃ 2,502,623Resale · Ready
23/11/2016I - Rise TowerCommercial1,101 sq ft⃃ 1,431,508Resale · Ready
23/11/2016I - Rise TowerCommercial1,035 sq ft⃃ 1,345,448Resale · Ready
20/03/2016I - Rise TowerCommercial1,100 sq ft⃃ 1,286,578Primary · Ready
28/06/2016I - Rise TowerCommercial1,102 sq ft⃃ 1,250,000Resale · Ready
11/02/2016I - Rise TowerCommercial1,079 sq ft⃃ 997,890Resale · Ready
11/02/2016I - Rise TowerCommercial1,029 sq ft⃃ 951,730Resale · Ready
20/03/2016I - Rise TowerCommercial806 sq ft⃃ 943,523Primary · Ready

What were the last registered sales of 2016?

No transactions on record for this selection.

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/i-rise-tower/2016
I - Rise Tower Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/i-rise-tower/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 I - Rise Tower in 2016?
9 property sales worth ⃃ 14,209,300 were registered in I - Rise Tower in 2016. That is 83.3% lower than 2015.
What was the median property price in I - Rise Tower in 2016?
The median sale price was ⃃ 1,286,578 and the median price per square foot ⃃ 1,134 (1 Jan – 31 Dec 2016).
What share of 2016 sales in I - Rise Tower were off-plan or from developers?
Developer (primary) sales were 22.2% of the 9 sales and resales 77.8%. Primary/resale and off-plan/ready are different splits.

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