Project · Transactions · 2016

Lofts Property Transactions 2016

45 property sales worth ⃃ 75.59M were registered in Lofts in 2016, 6.3% lower than 2015 by number of sales. The median sale price was ⃃ 1,650,000 and the median price per square foot ⃃ 1,780 (−2.7% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 45 salesUpdated: 17 Oct 2026
Property sales
45
−6.3% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 75.59M
−15.7% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,650,000
+1.1% vs 2015
45 sales
Median price per sq ft
⃃ 1,780
−2.7% vs 2015
45 sales

What types of property sold in Lofts in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments45100%⃃ 75.59M⃃ 1,650,000⃃ 1,780

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)24.4%⃃ 2.03M⃃ 1,017,388⃃ 1,216
Resale (secondary)4395.6%⃃ 73.55M⃃ 1,650,000⃃ 1,784
Ready45100%⃃ 75.59M⃃ 1,650,000⃃ 1,780

How many rental contracts were registered in Lofts in 2016?

316 rental contracts (new and renewed) were registered in Lofts in 2016, at a median annual rent of ⃃ 111,000 (+0.9% on 2015). Rental yields in Lofts

What were the most expensive property sales in Lofts in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/01/2016Lofts T Cent2 beds · Apartment1,416 sq ft⃃ 2,815,000Resale · Ready
18/07/2016Lofts T West2 beds · Apartment1,433 sq ft⃃ 2,800,000Resale · Ready
14/08/2016Lofts T Cent2 beds · Apartment1,333 sq ft⃃ 2,650,000Resale · Ready
17/05/2016Lofts T West2 beds · Apartment1,433 sq ft⃃ 2,500,000Resale · Ready
14/02/2016Lofts T West1 bed · Apartment745 sq ft⃃ 2,493,888Resale · Ready
23/02/2016Lofts T West2 beds · Apartment1,241 sq ft⃃ 2,275,000Resale · Ready
18/12/2016Lofts T East2 beds · Apartment1,241 sq ft⃃ 2,214,000Resale · Ready
18/05/2016Lofts T West2 beds · Apartment1,433 sq ft⃃ 2,200,000Resale · Ready
30/03/2016Lofts1 bed · Apartment1,592 sq ft⃃ 2,200,000Resale · Ready
24/07/2016Lofts T East2 beds · Apartment1,241 sq ft⃃ 2,100,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
27/12/2016Lofts1 bed · Apartment688 sq ft⃃ 1,100,000Resale · Ready
22/12/2016Lofts1 bed · Apartment687 sq ft⃃ 1,290,000Resale · Ready
21/12/2016Lofts T Cent1 bed · Apartment1,011 sq ft⃃ 1,750,000Resale · Ready
20/12/2016Lofts T Cent1 bed · Apartment690 sq ft⃃ 1,350,000Resale · Ready
18/12/2016Lofts T East2 beds · Apartment1,241 sq ft⃃ 2,214,000Resale · Ready
06/12/2016Lofts T Cent1 bed · Apartment896 sq ft⃃ 1,550,000Resale · Ready
08/11/2016Lofts1 bed · Apartment915 sq ft⃃ 1,770,000Resale · Ready
26/10/2016Lofts1 bed · Apartment936 sq ft⃃ 1,550,000Resale · Ready
06/10/2016Lofts T East1 bed · Apartment745 sq ft⃃ 1,650,000Resale · Ready
28/08/2016Lofts T East1 bed · Apartment745 sq ft⃃ 1,480,000Resale · 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/lofts/2016
Lofts Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/lofts/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 Lofts in 2016?
45 property sales worth ⃃ 75,588,108 were registered in Lofts in 2016. That is 6.3% lower than 2015.
What was the median property price in Lofts in 2016?
The median sale price was ⃃ 1,650,000 and the median price per square foot ⃃ 1,780 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Lofts were off-plan or from developers?
Developer (primary) sales were 4.4% of the 45 sales and resales 95.6%. Primary/resale and off-plan/ready are different splits.

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