Building · Transactions · 2016

Shams 1 Property Transactions 2016

3 property sales worth AED 5.23M were registered in Shams 1 in 2016, 62.5% lower than 2015 by number of sales. The median sale price was AED 1,495,000 and the median price per square foot AED 1,234 (−11.8% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 3 salesUpdated: 20 Oct 2026
Property sales
3
−62.5% vs 2015
1 Jan – 31 Dec 2016
Total value
AED 5.23M
−67.3% vs 2015
1 Jan – 31 Dec 2016
Median sale price
AED 1,495,000
−10.2% vs 2015
3 sales
Median price per sq ft
AED 1,234
−11.8% vs 2015
3 sales

What types of property sold in Shams 1 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3100%AED 5.23MAED 1,495,000AED 1,234

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
Resale (secondary)3100%AED 5.23MAED 1,495,000AED 1,234
Ready3100%AED 5.23MAED 1,495,000AED 1,234

How many rental contracts were registered in Shams 1 in 2016?

56 rental contracts (new and renewed) were registered in Shams 1 in 2016, at a median annual rent of AED 125,000 (0.0% on 2015). Rental yields in Shams 1

What were the most expensive property sales in Shams 1 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
10/11/2016Shams 13 beds · Apartment1,884 sq ftAED 2,280,000Resale · Ready
18/12/2016Shams 11 bed · Apartment1,182 sq ftAED 1,495,000Resale · Ready
08/05/2016Shams 11 bed · Apartment1,182 sq ftAED 1,458,000Resale · Ready

What were the last registered sales of 2016?

No transactions on record for this selection.

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/shams-1/2016
Shams 1 Property Transactions 2016. DXBinteract, data to 20 Oct 2026. https://dxbinteract.com/dubai-property-transactions/shams-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 Shams 1 in 2016?
3 property sales worth AED 5,233,000 were registered in Shams 1 in 2016. That is 62.5% lower than 2015.
What was the median property price in Shams 1 in 2016?
The median sale price was AED 1,495,000 and the median price per square foot AED 1,234 (1 Jan – 31 Dec 2016).

Last updated · data to 20 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/shams-1/2016