Building · Transactions · 2016

Ritaj K Property Transactions 2016

3 property sales worth ⃃ 1.43M were registered in Ritaj K in 2016, 40.0% lower than 2015 by number of sales. The median sale price was ⃃ 499,000 and the median price per square foot ⃃ 1,599 (+14.1% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 3 salesUpdated: 18 Oct 2026
Property sales
3
−40.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 1.43M
−38.4% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 499,000
+13.4% vs 2015
3 sales
Median price per sq ft
⃃ 1,599
+14.1% vs 2015
3 sales

What types of property sold in Ritaj K in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3100%⃃ 1.43M⃃ 499,000⃃ 1,599

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)133.3%⃃ 499K⃃ 499,000⃃ 1,599
Resale (secondary)266.7%⃃ 930K⃃ 465,000⃃ 1,493
Ready3100%⃃ 1.43M⃃ 499,000⃃ 1,599

How many rental contracts were registered in Ritaj K in 2016?

173 rental contracts (new and renewed) were registered in Ritaj K in 2016, at a median annual rent of ⃃ 42,000 (−4.5% on 2015). Rental yields in Ritaj K

What were the most expensive property sales in Ritaj K in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/09/2016Ritaj KStudio · Apartment312 sq ft⃃ 500,000Resale · Ready
28/09/2016Ritaj KStudio · Apartment312 sq ft⃃ 499,000Primary · Ready
23/11/2016Ritaj KStudio · Apartment312 sq ft⃃ 430,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
23/11/2016Ritaj KStudio · Apartment312 sq ft⃃ 430,000Resale · Ready
28/09/2016Ritaj KStudio · Apartment312 sq ft⃃ 499,000Primary · Ready
08/09/2016Ritaj KStudio · Apartment312 sq ft⃃ 500,000Resale · 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/ritaj-k/2016
Ritaj K Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/ritaj-k/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 Ritaj K in 2016?
3 property sales worth ⃃ 1,429,000 were registered in Ritaj K in 2016. That is 40.0% lower than 2015.
What was the median property price in Ritaj K in 2016?
The median sale price was ⃃ 499,000 and the median price per square foot ⃃ 1,599 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Ritaj K were off-plan or from developers?
Developer (primary) sales were 33.3% of the 3 sales and resales 66.7%. Primary/resale and off-plan/ready are different splits.

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