Project · Transactions · 2017

May Residence Property Transactions 2017

31 property sales worth AED 11.87M were registered in May Residence in 2017, 45.6% lower than 2016 by number of sales. The median sale price was AED 389,000 and the median price per square foot AED 841 (−1.8% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 31 salesUpdated: 19 Oct 2026
Property sales
31
−45.6% vs 2016
1 Jan – 31 Dec 2017
Total value
AED 11.87M
−46.7% vs 2016
1 Jan – 31 Dec 2017
Median sale price
AED 389,000
+6.9% vs 2016
31 sales
Median price per sq ft
AED 841
−1.8% vs 2016
31 sales

What types of property sold in May Residence in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments31100%AED 11.87MAED 389,000AED 841

How were 2017 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)31100%AED 11.87MAED 389,000AED 841
Off-plan31100%AED 11.87MAED 389,000AED 841

What were the most expensive property sales in May Residence in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
24/04/2017May Residence Tower 5Studio · Apartment524 sq ftAED 429,000Primary · Off-plan
24/04/2017May Residence Tower 5Studio · Apartment523 sq ftAED 424,000Primary · Off-plan
24/04/2017May Residence Tower 5Studio · Apartment523 sq ftAED 419,000Primary · Off-plan
24/04/2017May Residence Tower 5Studio · Apartment523 sq ftAED 414,000Primary · Off-plan
18/07/2017May Residence Tower 4Studio · Apartment465 sq ftAED 401,000Primary · Off-plan
18/07/2017May Residence Tower 3Studio · Apartment469 sq ftAED 398,000Primary · Off-plan
31/05/2017May Residence Tower 5Studio · Apartment495 sq ftAED 398,000Primary · Off-plan
18/07/2017May Residence Tower 4Studio · Apartment471 sq ftAED 398,000Primary · Off-plan
18/07/2017May Residence Tower 4Studio · Apartment470 sq ftAED 397,000Primary · Off-plan
24/07/2017May Residence Tower 4Studio · Apartment464 sq ftAED 395,000Primary · Off-plan

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
24/07/2017May Residence Tower 4Studio · Apartment464 sq ftAED 395,000Primary · Off-plan
24/07/2017May Residence Tower 4Studio · Apartment464 sq ftAED 390,000Primary · Off-plan
18/07/2017May Residence Tower 4Studio · Apartment471 sq ftAED 389,000Primary · Off-plan
18/07/2017May Residence Tower 4Studio · Apartment471 sq ftAED 393,000Primary · Off-plan
18/07/2017May Residence Tower 4Studio · Apartment471 sq ftAED 398,000Primary · Off-plan
18/07/2017May Residence Tower 4Studio · Apartment465 sq ftAED 401,000Primary · Off-plan
18/07/2017May Residence Tower 3Studio · Apartment464 sq ftAED 395,000Primary · Off-plan
18/07/2017May Residence Tower 3Studio · Apartment469 sq ftAED 398,000Primary · Off-plan
18/07/2017May Residence Tower 4Studio · Apartment470 sq ftAED 397,000Primary · Off-plan
15/06/2017May Residence Tower 4Studio · Apartment422 sq ftAED 360,000Primary · Off-plan

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 2017 with the whole of 2016.
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/may-residence/2017
May Residence Property Transactions 2017. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/may-residence/2017

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 May Residence in 2017?
31 property sales worth AED 11,865,000 were registered in May Residence in 2017. That is 45.6% lower than 2016.
What was the median property price in May Residence in 2017?
The median sale price was AED 389,000 and the median price per square foot AED 841 (1 Jan – 31 Dec 2017).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/may-residence/2017