Project · Transactions · 2016

Italy Cluster Property Transactions 2016

148 property sales worth ⃃ 58.23M were registered in Italy Cluster in 2016, unchanged from 2015 by number of sales. The median sale price was ⃃ 370,000 and the median price per square foot ⃃ 673 (−1.2% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 148 salesUpdated: 17 Oct 2026
Property sales
148
0.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 58.23M
+2.8% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 370,000
+2.5% vs 2015
148 sales
Median price per sq ft
⃃ 673
−1.2% vs 2015
148 sales

What types of property sold in Italy Cluster in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments148100%⃃ 58.23M⃃ 370,000⃃ 673

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)53.4%⃃ 1.54M⃃ 330,000⃃ 455
Resale (secondary)14396.6%⃃ 56.69M⃃ 370,000⃃ 673
Ready148100%⃃ 58.23M⃃ 370,000⃃ 673

How many rental contracts were registered in Italy Cluster in 2016?

721 rental contracts (new and renewed) were registered in Italy Cluster in 2016, at a median annual rent of ⃃ 40,000 (+3.9% on 2015). Rental yields in Italy Cluster

What were the most expensive property sales in Italy Cluster in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
27/07/2016U-201 bed · Apartment893 sq ft⃃ 640,000Resale · Ready
06/11/2016U-131 bed · Apartment721 sq ft⃃ 580,000Resale · Ready
06/11/2016U-091 bed · Apartment743 sq ft⃃ 540,000Resale · Ready
17/11/2016U021 bed · Apartment732 sq ft⃃ 525,000Resale · Ready
02/11/2016U121 bed · Apartment883 sq ft⃃ 515,000Resale · Ready
10/10/2016U021 bed · Apartment732 sq ft⃃ 512,000Resale · Ready
31/07/2016U01Studio · Apartment818 sq ft⃃ 500,000Resale · Ready
07/08/2016U-091 bed · Apartment743 sq ft⃃ 500,000Resale · Ready
15/02/2016U04Studio · Apartment818 sq ft⃃ 500,000Resale · Ready
07/03/2016U111 bed · Apartment743 sq ft⃃ 500,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
26/12/2016U-14Studio · Apartment484 sq ft⃃ 410,000Resale · Ready
20/12/2016U011 bed · Apartment732 sq ft⃃ 485,000Resale · Ready
19/12/2016U10Studio · Apartment484 sq ft⃃ 345,000Resale · Ready
15/12/2016U111 bed · Apartment743 sq ft⃃ 450,000Resale · Ready
15/12/2016U111 bed · Apartment743 sq ft⃃ 450,000Resale · Ready
13/12/2016U12Studio · Apartment484 sq ft⃃ 365,000Resale · Ready
13/12/2016U-19Studio · Apartment484 sq ft⃃ 325,000Resale · Ready
13/12/2016U-14Studio · Apartment484 sq ft⃃ 335,000Resale · Ready
12/12/2016U-19Studio · Apartment484 sq ft⃃ 410,000Resale · Ready
12/12/2016U011 bed · Apartment732 sq ft⃃ 470,000Resale · 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 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/italy-cluster/2016
Italy Cluster Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/italy-cluster/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 Italy Cluster in 2016?
148 property sales worth ⃃ 58,230,614 were registered in Italy Cluster in 2016. That is unchanged from 2015.
What was the median property price in Italy Cluster in 2016?
The median sale price was ⃃ 370,000 and the median price per square foot ⃃ 673 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Italy Cluster were off-plan or from developers?
Developer (primary) sales were 3.4% of the 148 sales and resales 96.6%. Primary/resale and off-plan/ready are different splits.

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