Building · Transactions · 2016

Manara 1 Property Transactions 2016

3 property sales worth ⃃ 2.62M were registered in Manara 1 in 2016, 40.0% lower than 2015 by number of sales. The median sale price was ⃃ 872,700 and the median price per square foot ⃃ 849 (−32.3% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 3 salesUpdated: 18 Oct 2026
Property sales
3
−40.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 2.62M
−25.9% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 872,700
+26.8% vs 2015
3 sales
Median price per sq ft
⃃ 849
−32.3% vs 2015
3 sales

What types of property sold in Manara 1 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3100%⃃ 2.62M⃃ 872,700⃃ 849

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)266.7%⃃ 1.76M⃃ 879,700⃃ 1,047
Resale (secondary)133.3%⃃ 864K⃃ 864,100⃃ 563
Ready3100%⃃ 2.62M⃃ 872,700⃃ 849

How many rental contracts were registered in Manara 1 in 2016?

7 rental contracts (new and renewed) were registered in Manara 1 in 2016, at a median annual rent of ⃃ 55,000. Rental yields in Manara 1

What were the most expensive property sales in Manara 1 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/11/2016Manara 11 bed · Apartment712 sq ft⃃ 886,700Primary · Ready
13/10/2016Manara 11 bed · Apartment1,028 sq ft⃃ 872,700Primary · Ready
31/10/2016Manara 11 bed · Apartment1,536 sq ft⃃ 864,100Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
09/11/2016Manara 11 bed · Apartment712 sq ft⃃ 886,700Primary · Ready
31/10/2016Manara 11 bed · Apartment1,536 sq ft⃃ 864,100Resale · Ready
13/10/2016Manara 11 bed · Apartment1,028 sq ft⃃ 872,700Primary · 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/manara-1/2016
Manara 1 Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/manara-1/2016

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 Manara 1 in 2016?
3 property sales worth ⃃ 2,623,500 were registered in Manara 1 in 2016. That is 40.0% lower than 2015.
What was the median property price in Manara 1 in 2016?
The median sale price was ⃃ 872,700 and the median price per square foot ⃃ 849 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Manara 1 were off-plan or from developers?
Developer (primary) sales were 66.7% of the 3 sales and resales 33.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/manara-1/2016