Project · Transactions · 2016

Royale Residence1 Property Transactions 2016

85 property sales worth ⃃ 57.45M were registered in Royale Residence1 in 2016, 30.8% higher than 2015 by number of sales. The median sale price was ⃃ 480,000 and the median price per square foot ⃃ 973 (+9.0% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 85 salesUpdated: 18 Oct 2026
Property sales
85
+30.8% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 57.45M
+51.7% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 480,000
−9.0% vs 2015
85 sales
Median price per sq ft
⃃ 973
+9.0% vs 2015
85 sales

What types of property sold in Royale Residence1 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments85100%⃃ 57.45M⃃ 480,000⃃ 973

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)4552.9%⃃ 32.55M⃃ 544,661⃃ 855
Resale (secondary)4047.1%⃃ 24.9M⃃ 465,000⃃ 1,013
Ready85100%⃃ 57.45M⃃ 480,000⃃ 973

How many rental contracts were registered in Royale Residence1 in 2016?

90 rental contracts (new and renewed) were registered in Royale Residence1 in 2016, at a median annual rent of ⃃ 59,446 (+12.8% on 2015). Rental yields in Royale Residence1

What were the most expensive property sales in Royale Residence1 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
21/08/2016Royale Residence13 beds · Apartment2,455 sq ft⃃ 2,100,000Primary · Ready
09/02/2016Royale Residence13 beds · Apartment2,724 sq ft⃃ 1,939,359Primary · Ready
07/03/2016Royale Residence13 beds · Apartment3,291 sq ft⃃ 1,919,195Primary · Ready
10/04/2016Royale Residence13 beds · Apartment3,035 sq ft⃃ 1,700,000Resale · Ready
07/03/2016Royale Residence13 beds · Apartment2,451 sq ft⃃ 1,516,740Primary · Ready
10/03/2016Royale Residence12 beds · Apartment1,601 sq ft⃃ 1,500,000Resale · Ready
07/03/2016Royale Residence13 beds · Apartment2,380 sq ft⃃ 1,480,960Primary · Ready
07/03/2016Royale Residence13 beds · Apartment2,345 sq ft⃃ 1,438,345Primary · Ready
06/04/2016Royale Residence13 beds · Apartment1,860 sq ft⃃ 1,249,215Primary · Ready
30/05/2016Royale Residence12 beds · Apartment1,215 sq ft⃃ 1,200,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
27/12/2016Royale Residence1Studio · Apartment407 sq ft⃃ 350,000Primary · Ready
14/12/2016Royale Residence1Studio · Apartment406 sq ft⃃ 470,000Resale · Ready
07/12/2016Royale Residence1Studio · Apartment306 sq ft⃃ 400,000Resale · Ready
29/11/2016Royale Residence11 bed · Apartment675 sq ft⃃ 670,000Primary · Ready
20/11/2016Royale Residence1Studio · Apartment407 sq ft⃃ 297,630Primary · Ready
03/11/2016Royale Residence1Studio · Apartment406 sq ft⃃ 400,000Primary · Ready
16/10/2016Royale Residence11 bed · Apartment675 sq ft⃃ 660,000Resale · Ready
16/10/2016Royale Residence1Studio · Apartment407 sq ft⃃ 430,000Resale · Ready
24/08/2016Royale Residence11 bed · Apartment657 sq ft⃃ 665,000Resale · Ready
21/08/2016Royale Residence13 beds · Apartment2,455 sq ft⃃ 2,100,000Primary · 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/royale-residence1/2016
Royale Residence1 Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/royale-residence1/2016

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 Royale Residence1 in 2016?
85 property sales worth ⃃ 57,452,753 were registered in Royale Residence1 in 2016. That is 30.8% higher than 2015.
What was the median property price in Royale Residence1 in 2016?
The median sale price was ⃃ 480,000 and the median price per square foot ⃃ 973 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Royale Residence1 were off-plan or from developers?
Developer (primary) sales were 52.9% of the 85 sales and resales 47.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/royale-residence1/2016