Building · Transactions · 2016

Plaza Residences 1 Property Transactions 2016

12 property sales worth AED 8.13M were registered in Plaza Residences 1 in 2016, 42.9% lower than 2015 by number of sales. The median sale price was AED 467,500 and the median price per square foot AED 870 (+6.1% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 12 salesUpdated: 19 Oct 2026
Property sales
12
−42.9% vs 2015
1 Jan – 31 Dec 2016
Total value
AED 8.13M
−59.6% vs 2015
1 Jan – 31 Dec 2016
Median sale price
AED 467,500
−51.3% vs 2015
12 sales
Median price per sq ft
AED 870
+6.1% vs 2015
12 sales

What types of property sold in Plaza Residences 1 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments12100%AED 8.13MAED 467,500AED 870

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)325%AED 3.04MAED 1,005,454AED 809
Resale (secondary)975%AED 5.09MAED 450,000AED 900
Off-plan12100%AED 8.13MAED 467,500AED 870

How many rental contracts were registered in Plaza Residences 1 in 2016?

70 rental contracts (new and renewed) were registered in Plaza Residences 1 in 2016, at a median annual rent of AED 65,000 (+4.0% on 2015). Rental yields in Plaza Residences 1

What were the most expensive property sales in Plaza Residences 1 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/01/2016Plaza Residences 13 beds · Apartment1,978 sq ftAED 1,600,000Primary · Off-plan
13/06/2016Plaza Residences 12 beds · Apartment1,554 sq ftAED 1,005,454Primary · Off-plan
25/05/2016Plaza Residences 12 beds · Apartment1,601 sq ftAED 900,000Resale · Off-plan
01/06/2016Plaza Residences 11 bed · Apartment1,249 sq ftAED 900,000Resale · Off-plan
09/10/2016Plaza Residences 11 bed · Apartment969 sq ftAED 720,000Resale · Off-plan
27/07/2016Plaza Residences 1Studio · Apartment482 sq ftAED 485,000Resale · Off-plan
31/08/2016Plaza Residences 1Studio · Apartment482 sq ftAED 450,000Resale · Off-plan
31/01/2016Plaza Residences 1Studio · Apartment371 sq ftAED 430,000Primary · Off-plan
03/04/2016Plaza Residences 1Studio · Apartment461 sq ftAED 415,000Resale · Off-plan
09/02/2016Plaza Residences 1Studio · Apartment439 sq ftAED 413,000Resale · Off-plan

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
16/10/2016Plaza Residences 1Studio · Apartment444 sq ftAED 410,000Resale · Off-plan
09/10/2016Plaza Residences 11 bed · Apartment969 sq ftAED 720,000Resale · Off-plan
31/08/2016Plaza Residences 1Studio · Apartment482 sq ftAED 450,000Resale · Off-plan
27/07/2016Plaza Residences 1Studio · Apartment482 sq ftAED 485,000Resale · Off-plan
13/06/2016Plaza Residences 12 beds · Apartment1,554 sq ftAED 1,005,454Primary · Off-plan
01/06/2016Plaza Residences 11 bed · Apartment1,249 sq ftAED 900,000Resale · Off-plan
25/05/2016Plaza Residences 12 beds · Apartment1,601 sq ftAED 900,000Resale · Off-plan
03/04/2016Plaza Residences 1Studio · Apartment461 sq ftAED 415,000Resale · Off-plan
15/03/2016Plaza Residences 1Studio · Apartment476 sq ftAED 400,000Resale · Off-plan
09/02/2016Plaza Residences 1Studio · Apartment439 sq ftAED 413,000Resale · 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 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/plaza-residences-1/2016
Plaza Residences 1 Property Transactions 2016. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/plaza-residences-1/2016

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 Plaza Residences 1 in 2016?
12 property sales worth AED 8,128,454 were registered in Plaza Residences 1 in 2016. That is 42.9% lower than 2015.
What was the median property price in Plaza Residences 1 in 2016?
The median sale price was AED 467,500 and the median price per square foot AED 870 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Plaza Residences 1 were off-plan or from developers?
Developer (primary) sales were 25% of the 12 sales and resales 75%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/plaza-residences-1/2016