Building · Transactions · 2016

Rimal 3 Property Transactions 2016

15 property sales worth ⃃ 25.85M were registered in Rimal 3 in 2016, 36.4% higher than 2015 by number of sales. The median sale price was ⃃ 1,650,000 and the median price per square foot ⃃ 1,335 (−7.1% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 15 salesUpdated: 18 Oct 2026
Property sales
15
+36.4% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 25.85M
+94.2% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,650,000
+37.5% vs 2015
15 sales
Median price per sq ft
⃃ 1,335
−7.1% vs 2015
15 sales

What types of property sold in Rimal 3 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments15100%⃃ 25.85M⃃ 1,650,000⃃ 1,335

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)853.3%⃃ 12.79M⃃ 1,850,000⃃ 1,340
Resale (secondary)746.7%⃃ 13.06M⃃ 1,650,000⃃ 1,335
Ready15100%⃃ 25.85M⃃ 1,650,000⃃ 1,335

How many rental contracts were registered in Rimal 3 in 2016?

147 rental contracts (new and renewed) were registered in Rimal 3 in 2016, at a median annual rent of ⃃ 125,000 (−3.8% on 2015). Rental yields in Rimal 3

What were the most expensive property sales in Rimal 3 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/06/2016Rimal 33 beds · Apartment1,961 sq ft⃃ 2,800,000Primary · Ready
02/08/2016Rimal 33 beds · Apartment1,961 sq ft⃃ 2,750,000Resale · Ready
14/07/2016Rimal 33 beds · Apartment1,948 sq ft⃃ 2,600,000Resale · Ready
16/02/2016Rimal 32 beds · Apartment1,243 sq ft⃃ 2,325,000Primary · Ready
13/11/2016Rimal 32 beds · Apartment1,243 sq ft⃃ 2,300,000Primary · Ready
23/02/2016Rimal 32 beds · Apartment1,243 sq ft⃃ 2,250,000Primary · Ready
26/06/2016Rimal 32 beds · Apartment1,243 sq ft⃃ 2,050,000Resale · Ready
01/11/2016Rimal 32 beds · Apartment1,243 sq ft⃃ 1,650,000Resale · Ready
09/10/2016Rimal 32 beds · Apartment1,243 sq ft⃃ 1,500,000Resale · Ready
19/04/2016Rimal 31 bed · Apartment1,158 sq ft⃃ 1,450,000Primary · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
21/12/2016Rimal 33 beds · Apartment1,948 sq ft⃃ 664,050Primary · Ready
08/12/2016Rimal 3Studio · Apartment757 sq ft⃃ 299,000Primary · Ready
13/11/2016Rimal 32 beds · Apartment1,243 sq ft⃃ 2,300,000Primary · Ready
01/11/2016Rimal 32 beds · Apartment1,243 sq ft⃃ 1,650,000Resale · Ready
09/10/2016Rimal 32 beds · Apartment1,243 sq ft⃃ 1,500,000Resale · Ready
29/09/2016Rimal 33 beds · Apartment1,948 sq ft⃃ 699,000Primary · Ready
02/08/2016Rimal 33 beds · Apartment1,961 sq ft⃃ 2,750,000Resale · Ready
14/07/2016Rimal 33 beds · Apartment1,948 sq ft⃃ 2,600,000Resale · Ready
26/06/2016Rimal 32 beds · Apartment1,243 sq ft⃃ 2,050,000Resale · Ready
01/06/2016Rimal 33 beds · Apartment1,961 sq ft⃃ 2,800,000Primary · 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/rimal-3/2016
Rimal 3 Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/rimal-3/2016

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 Rimal 3 in 2016?
15 property sales worth ⃃ 25,845,650 were registered in Rimal 3 in 2016. That is 36.4% higher than 2015.
What was the median property price in Rimal 3 in 2016?
The median sale price was ⃃ 1,650,000 and the median price per square foot ⃃ 1,335 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Rimal 3 were off-plan or from developers?
Developer (primary) sales were 53.3% of the 15 sales and resales 46.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/rimal-3/2016