Project · Transactions · 2017

Red Residence Property Transactions 2017

31 property sales worth ⃃ 23.84M were registered in Red Residence in 2017, 34.0% lower than 2016 by number of sales. The median sale price was ⃃ 700,000 and the median price per square foot ⃃ 886 (+4.3% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 31 salesUpdated: 17 Oct 2026
Property sales
31
−34.0% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 23.84M
−31.3% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 700,000
+0.7% vs 2016
31 sales
Median price per sq ft
⃃ 886
+4.3% vs 2016
31 sales

What types of property sold in Red Residence in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments31100%⃃ 23.84M⃃ 700,000⃃ 886

How were 2017 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)1548.4%⃃ 13.01M⃃ 838,695⃃ 1,017
Resale (secondary)1651.6%⃃ 10.83M⃃ 662,500⃃ 843
Off-plan26.5%⃃ 1.31M⃃ 653,002⃃ 809
Ready2993.5%⃃ 22.53M⃃ 712,000⃃ 888

What were the most expensive property sales in Red Residence in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
23/05/2017Red Residence2 beds · Apartment1,113 sq ft⃃ 1,260,600Primary · Ready
23/05/2017Red Residence1 bed · Apartment761 sq ft⃃ 1,113,250Primary · Ready
11/06/2017Red Residence1 bed · Apartment824 sq ft⃃ 1,098,170Primary · Ready
29/05/2017Red Residence1 bed · Apartment824 sq ft⃃ 1,097,870Primary · Ready
07/06/2017Red Residence2 beds · Apartment931 sq ft⃃ 1,058,717Primary · Ready
08/06/2017Red Residence1 bed · Apartment832 sq ft⃃ 1,050,000Primary · Ready
08/02/2017Red Residence2 beds · Apartment1,117 sq ft⃃ 900,000Resale · Ready
21/03/2017Red Residence1 bed · Apartment788 sq ft⃃ 850,500Primary · Ready
07/06/2017Red Residence1 bed · Apartment825 sq ft⃃ 838,695Primary · Ready
11/06/2017Red Residence2 beds · Apartment974 sq ft⃃ 800,000Primary · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
27/07/2017Red ResidenceStudio · Apartment408 sq ft⃃ 500,000Resale · Ready
24/07/2017Red Residence1 bed · Apartment788 sq ft⃃ 660,000Resale · Ready
20/06/2017Red Residence1 bed · Apartment734 sq ft⃃ 625,000Resale · Ready
11/06/2017Red Residence1 bed · Apartment788 sq ft⃃ 675,000Primary · Ready
11/06/2017Red Residence2 beds · Apartment974 sq ft⃃ 800,000Primary · Ready
11/06/2017Red Residence1 bed · Apartment824 sq ft⃃ 1,098,170Primary · Ready
08/06/2017Red Residence1 bed · Apartment832 sq ft⃃ 1,050,000Primary · Ready
08/06/2017Red Residence1 bed · Apartment788 sq ft⃃ 730,000Resale · Ready
07/06/2017Red Residence2 beds · Apartment931 sq ft⃃ 1,058,717Primary · Ready
07/06/2017Red Residence1 bed · Apartment825 sq ft⃃ 838,695Primary · 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 2017 with the whole of 2016.
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/red-residence/2017
Red Residence Property Transactions 2017. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/red-residence/2017

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 Red Residence in 2017?
31 property sales worth ⃃ 23,839,356 were registered in Red Residence in 2017. That is 34.0% lower than 2016.
What was the median property price in Red Residence in 2017?
The median sale price was ⃃ 700,000 and the median price per square foot ⃃ 886 (1 Jan – 31 Dec 2017).
What share of 2017 sales in Red Residence were off-plan or from developers?
Developer (primary) sales were 48.4% of the 31 sales and resales 51.6%. Off-plan units made up 6.5% and ready units 93.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/red-residence/2017