Building · Transactions · 2016

Med 54 Property Transactions 2016

7 property sales worth ⃃ 3.47M were registered in Med 54 in 2016, unchanged from 2015 by number of sales. The median sale price was ⃃ 495,000 and the median price per square foot ⃃ 985 (+12.3% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 7 salesUpdated: 18 Oct 2026
Property sales
7
0.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 3.47M
−8.5% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 495,000
+2.3% vs 2015
7 sales
Median price per sq ft
⃃ 985
+12.3% vs 2015
7 sales

What types of property sold in Med 54 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments7100%⃃ 3.47M⃃ 495,000⃃ 985

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)7100%⃃ 3.47M⃃ 495,000⃃ 985
Ready7100%⃃ 3.47M⃃ 495,000⃃ 985

How many rental contracts were registered in Med 54 in 2016?

57 rental contracts (new and renewed) were registered in Med 54 in 2016, at a median annual rent of ⃃ 47,000 (−6.0% on 2015). Rental yields in Med 54

What were the most expensive property sales in Med 54 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
13/11/2016Med 54Studio · Apartment549 sq ft⃃ 525,000Resale · Ready
09/11/2016Med 54Studio · Apartment493 sq ft⃃ 520,000Resale · Ready
15/11/2016Med 54Studio · Apartment493 sq ft⃃ 498,417Resale · Ready
06/03/2016Med 54Studio · Apartment549 sq ft⃃ 495,000Resale · Ready
07/04/2016Med 54Studio · Apartment484 sq ft⃃ 482,500Resale · Ready
09/10/2016Med 54Studio · Apartment484 sq ft⃃ 476,719Resale · Ready
15/12/2016Med 54Studio · Apartment493 sq ft⃃ 473,747Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
15/12/2016Med 54Studio · Apartment493 sq ft⃃ 473,747Resale · Ready
15/11/2016Med 54Studio · Apartment493 sq ft⃃ 498,417Resale · Ready
13/11/2016Med 54Studio · Apartment549 sq ft⃃ 525,000Resale · Ready
09/11/2016Med 54Studio · Apartment493 sq ft⃃ 520,000Resale · Ready
09/10/2016Med 54Studio · Apartment484 sq ft⃃ 476,719Resale · Ready
07/04/2016Med 54Studio · Apartment484 sq ft⃃ 482,500Resale · Ready
06/03/2016Med 54Studio · Apartment549 sq ft⃃ 495,000Resale · 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-54/2016
Med 54 Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/med-54/2016

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 54 in 2016?
7 property sales worth ⃃ 3,471,383 were registered in Med 54 in 2016. That is unchanged from 2015.
What was the median property price in Med 54 in 2016?
The median sale price was ⃃ 495,000 and the median price per square foot ⃃ 985 (1 Jan – 31 Dec 2016).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/med-54/2016