Area · Transactions · 2016

Nad Al Sheba First Property Transactions 2016

508 property sales worth ⃃ 2.3B were registered in Nad Al Sheba First in 2016, 54.9% higher than 2015 by number of sales. The median sale price was ⃃ 3,990,750 and the median price per square foot ⃃ 1,195 (+4.5% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 508 salesUpdated: 17 Oct 2026
Property sales
508
+54.9% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 2.3B
−8.5% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 3,990,750
−31.4% vs 2015
508 sales
Median price per sq ft
⃃ 1,195
+4.5% vs 2015
508 sales

What types of property sold in Nad Al Sheba First in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments9017.7%⃃ 132.46M⃃ 1,309,806⃃ 1,183
Villas10721.1%⃃ 733.87M⃃ 7,706,100⃃ 1,184

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)43886.2%⃃ 1.8B⃃ 3,912,500⃃ 1,244
Resale (secondary)7013.8%⃃ 427.83M⃃ 6,150,000⃃ 1,024
Off-plan35269.3%⃃ 1.5B⃃ 4,069,000⃃ 1,268
Ready15630.7%⃃ 747.77M⃃ 626,328⃃ 232

How many rental contracts were registered in Nad Al Sheba First in 2016?

82 rental contracts (new and renewed) were registered in Nad Al Sheba First in 2016, at a median annual rent of ⃃ 170,000 (+1033.3% on 2015). Rental yields in Nad Al Sheba First

What were the most expensive property sales in Nad Al Sheba First in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/04/2016Meydan RacecoursePlot329,058 sq ft⃃ 350,991,967Primary · Ready
29/11/2016Meydan RacecoursePlot92,065 sq ft⃃ 46,032,500Primary · Ready
25/04/2016Meydan RacecoursePlot87,810 sq ft⃃ 21,941,220Resale · Ready
09/05/2016Meydan RacecoursePlot40,053 sq ft⃃ 16,100,000Resale · Ready
09/08/2016Meydan RacecoursePlot30,785 sq ft⃃ 13,791,680Resale · Ready
11/01/2016Meydan RacecoursePlot15,000 sq ft⃃ 13,125,000Resale · Ready
25/04/2016Meydan RacecoursePlot62,581 sq ft⃃ 11,250,000Primary · Ready
25/04/2016Meydan RacecoursePlot15,000 sq ft⃃ 11,250,000Primary · Ready
11/08/2016MeydanPlot15,000 sq ft⃃ 9,750,000Primary · Ready
11/08/2016Meydan RacecoursePlot44,999 sq ft⃃ 9,750,000Primary · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
28/12/2016Grand Views4 beds · Townhouse2,347 sq ft⃃ 3,990,750Primary · Off-plan
28/12/2016Grand Views4 beds · Townhouse3,313 sq ft⃃ 4,482,000Primary · Off-plan
28/12/2016Nad Al Sheba FirstPlot2,709 sq ft⃃ 627,486Primary · Ready
28/12/2016Nad Al Sheba FirstPlot2,710 sq ft⃃ 627,717Primary · Ready
28/12/2016Nad Al Sheba FirstPlot2,710 sq ft⃃ 627,717Primary · Ready
28/12/2016Nad Al Sheba FirstPlot2,710 sq ft⃃ 627,717Primary · Ready
28/12/2016Nad Al Sheba FirstPlot2,710 sq ft⃃ 627,717Primary · Ready
28/12/2016Nad Al Sheba FirstPlot2,710 sq ft⃃ 627,717Primary · Ready
28/12/2016Nad Al Sheba FirstPlot2,710 sq ft⃃ 627,717Primary · Ready
28/12/2016Nad Al Sheba FirstPlot2,710 sq ft⃃ 627,717Primary · 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/nad-al-sheba-first/2016
Nad Al Sheba First Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/nad-al-sheba-first/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 Nad Al Sheba First in 2016?
508 property sales worth ⃃ 2,267,654,025 were registered in Nad Al Sheba First in 2016. That is 54.9% higher than 2015.
What was the median property price in Nad Al Sheba First in 2016?
The median sale price was ⃃ 3,990,750 and the median price per square foot ⃃ 1,195 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Nad Al Sheba First were off-plan or from developers?
Developer (primary) sales were 86.2% of the 508 sales and resales 13.8%. Off-plan units made up 69.3% and ready units 30.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/nad-al-sheba-first/2016