Building · Transactions · 2016

Med 48 Property Transactions 2016

4 property sales worth ⃃ 2.83M were registered in Med 48 in 2016, 63.6% lower than 2015 by number of sales. The median sale price was ⃃ 705,000 and the median price per square foot ⃃ 720 (+0.1% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 4 salesUpdated: 18 Oct 2026
Property sales
4
−63.6% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 2.83M
−57.3% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 705,000
+11.9% vs 2015
4 sales
Median price per sq ft
⃃ 720
+0.1% vs 2015
4 sales

What types of property sold in Med 48 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments4100%⃃ 2.83M⃃ 705,000⃃ 720

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
Resale (secondary)4100%⃃ 2.83M⃃ 705,000⃃ 720
Ready4100%⃃ 2.83M⃃ 705,000⃃ 720

How many rental contracts were registered in Med 48 in 2016?

43 rental contracts (new and renewed) were registered in Med 48 in 2016, at a median annual rent of ⃃ 62,093 (+8.9% on 2015).

What were the most expensive property sales in Med 48 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/01/2016Med 481 bed · Apartment958 sq ft⃃ 715,000Resale · Ready
29/09/2016Med 481 bed · Apartment958 sq ft⃃ 710,000Resale · Ready
20/12/2016Med 481 bed · Apartment1,001 sq ft⃃ 700,000Resale · Ready
20/01/2016Med 481 bed · Apartment1,001 sq ft⃃ 700,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
20/12/2016Med 481 bed · Apartment1,001 sq ft⃃ 700,000Resale · Ready
29/09/2016Med 481 bed · Apartment958 sq ft⃃ 710,000Resale · Ready
20/01/2016Med 481 bed · Apartment1,001 sq ft⃃ 700,000Resale · Ready
20/01/2016Med 481 bed · Apartment958 sq ft⃃ 715,000Resale · 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/med-48/2016
Med 48 Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/med-48/2016

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 Med 48 in 2016?
4 property sales worth ⃃ 2,825,000 were registered in Med 48 in 2016. That is 63.6% lower than 2015.
What was the median property price in Med 48 in 2016?
The median sale price was ⃃ 705,000 and the median price per square foot ⃃ 720 (1 Jan – 31 Dec 2016).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/med-48/2016