Project · Transactions · 2016

Palmera Property Transactions 2016

33 property sales worth ⃃ 87.58M were registered in Palmera in 2016, 34.0% lower than 2015 by number of sales. The median sale price was ⃃ 2,650,000 and the median price per square foot ⃃ 742 (−8.8% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 33 salesUpdated: 19 Oct 2026
Property sales
33
−34.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 87.58M
−29.7% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 2,650,000
+10.4% vs 2015
33 sales
Median price per sq ft
⃃ 742
−8.8% vs 2015
33 sales

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)13%⃃ 2.3M⃃ 2,300,000⃃ 846
Resale (secondary)3297%⃃ 85.28M⃃ 2,650,000⃃ 732
Ready33100%⃃ 87.58M⃃ 2,650,000⃃ 742

How many rental contracts were registered in Palmera in 2016?

2 rental contracts (new and renewed) were registered in Palmera in 2016, at a median annual rent of ⃃ 182,500 (+10.6% on 2015). Rental yields in Palmera

What were the most expensive property sales in Palmera in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/12/2016Palmera - 23 beds · Townhouse5,716 sq ft⃃ 3,500,000Resale · Ready
29/08/2016Palmera - 23 beds · Townhouse5,774 sq ft⃃ 3,375,000Resale · Ready
08/12/2016Palmera - 23 beds · Townhouse4,783 sq ft⃃ 3,350,000Resale · Ready
30/10/2016Palmera 43 beds · Townhouse5,912 sq ft⃃ 3,350,000Resale · Ready
08/06/2016Palmera 43 beds · Townhouse5,723 sq ft⃃ 3,350,000Resale · Ready
27/12/2016Palmera - 23 beds · Townhouse5,998 sq ft⃃ 3,325,000Resale · Ready
07/03/2016Palmera 13 beds · Townhouse6,929 sq ft⃃ 3,250,000Resale · Ready
01/06/2016Palmera - 23 beds · Townhouse5,080 sq ft⃃ 3,200,000Resale · Ready
16/10/2016Palmera 33 beds · Townhouse5,374 sq ft⃃ 3,150,000Resale · Ready
17/11/2016Palmera 43 beds · Townhouse5,878 sq ft⃃ 3,150,000Resale · Ready

What were the last registered sales of 2016?

No transactions on record for this selection.

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/palmera/2016
Palmera Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/palmera/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 Palmera in 2016?
33 property sales worth ⃃ 87,585,000 were registered in Palmera in 2016. That is 34.0% lower than 2015.
What was the median property price in Palmera in 2016?
The median sale price was ⃃ 2,650,000 and the median price per square foot ⃃ 742 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Palmera were off-plan or from developers?
Developer (primary) sales were 3% of the 33 sales and resales 97%. Primary/resale and off-plan/ready are different splits.

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